The Maharashtra Budget 2025-26

The Maharashtra Budget 2025-26

The Maharashtra Budget 2025-26 was presented on March 10, 2025, by Deputy Chief Minister and Finance Minister Ajit Pawar in the state assembly, marking his 11th budget presentation. This year’s budget emphasizes women's welfare, farmer support, infrastructure development, and revenue generation.

Key Highlights of Maharashtra Budget 2025-26

1. "Mukhyamantri Ladki Bahin Yojana" (Chief Minister’s Dear Sister Scheme)

  • Aims to empower women through financial assistance.
  • ₹36,000 crore allocated for the scheme over the next five years.
  • Eligible women will receive ₹2,100 per month as direct financial aid.
  • While the opposition questioned its feasibility, CM Eknath Shinde assured full implementation.

2. "Namo Shetkari Mahasamman Nidhi Yojana" (Farmers’ Welfare Scheme)

  • Provides additional financial assistance to farmers alongside the existing PM Kisan Samman Nidhi scheme.
  • The government has allocated a significant budget to support this initiative.

3. Infrastructure Development

  • Major investments in roads, highways, metro projects, and industrial expansion.
  • Large-scale projects announced to boost employment opportunities.
  • Expansion of Mumbai Metro, Pune Metro, and Nashik Metro included in the plan.

4. Motor Vehicle Tax Increase

  • 1% hike in motor vehicle tax on four-wheelers.
  • Expected to generate ₹150 crore in additional state revenue.

5. Opposition’s Reaction

  • Leader of the Opposition Uddhav Thackeray criticized the budget, arguing that several promises from previous manifestos remain unfulfilled.
  • Opposition parties claim the budget lacks concrete implementation plans.

Additional Announcements

  • Tax relief for small businesses and startups.
  • Boost for the tourism sector with new projects in Konkan, Ajanta, and Ellora.
  • Expansion of government hospitals to enhance healthcare facilities.

The Maharashtra government aims to strike a balance between welfare initiatives and economic growth while generating additional revenue through taxation and infrastructure projects.