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No funds for poll promises

The New Indian Express Kozhikode

|

March 11, 2025

The Maharashtra budget does not provide funds for the Mahayuti's flagship welfare schemes, which were promised during the Assembly elections.

- SUDHIR SURYAWANSHI @ Mumbai

MAHARASHTRA Finance Minister and Deputy Chief Minister Ajit Pawar on Monday tabled a mammoth ₹7.20 lakh-crore budget for 2025-26, focusing on using AI technology to spur agriculture growth and bring more land under irrigation through river-linking and irrigation projects. The annual receipts are pegged at ₹5.60 lakh crore against revenue expenditure of ₹6.06 lakh crore. It estimates the revenue deficit at ₹45,892 crore and a fiscal deficit of ₹1,36,234 crore.

The state government has also imposed and increased taxes on motor vehicles, making specific vehicle categories expensive to rake in additional annual revenue of ₹1,500 crore.

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