Maharashtra Govt Presents ₹7.20 Lakh Crore Budget for 2025-26
The Maharashtra government, led by Deputy Chief Minister and Finance Minister Ajit Pawar, has presented its Budget for the 2025-26 financial year in the Assembly on Monday. This is the 11th state Budget being presented by Pawar, who has been holding the finance portfolio since 2019. The Budget, which has been allocated a total expenditure of ₹7.20 lakh crore, aims to promote development in the state and ensure that growth is not delayed.
In his Budget speech, Pawar emphasized that the state would not stop now and that development projects would continue to progress without any delay. He also highlighted the importance of infrastructure development, education, and healthcare in the state’s growth story. The Budget has been presented at a time when the state is grappling with the impact of the COVID-19 pandemic and the ongoing economic slowdown.
Key Highlights of the Budget
The Budget has allocated a total expenditure of ₹7.20 lakh crore, which is a significant increase from the previous year’s Budget of ₹6.30 lakh crore. The Budget has been divided into several sectors, with a focus on infrastructure development, education, healthcare, and agriculture.
Some of the key highlights of the Budget include:
- Infrastructure Development: The Budget has allocated ₹1.50 lakh crore for infrastructure development, which includes the development of roads, bridges, and public transport systems. This is aimed at improving connectivity and reducing travel time in the state.
- Education: The Budget has allocated ₹1.20 lakh crore for education, which includes the development of schools and colleges, as well as the implementation of various education schemes. The government has also announced the introduction of a new education policy, which aims to improve the quality of education in the state.
- Healthcare: The Budget has allocated ₹1.00 lakh crore for healthcare, which includes the development of hospitals and healthcare facilities, as well as the implementation of various healthcare schemes. The government has also announced the introduction of a new healthcare policy, which aims to improve the quality of healthcare services in the state.
- Agriculture: The Budget has allocated ₹50,000 crore for agriculture, which includes the development of irrigation systems, as well as the implementation of various agriculture schemes. The government has also announced the introduction of a new agriculture policy, which aims to improve the productivity of farmers and increase their income.
Reaction from Political Parties
The Budget has received mixed reactions from political parties in the state. While the ruling coalition has welcomed the Budget, opposition parties have criticized it for not addressing the concerns of the common man.
The Shiv Sena, which is a partner in the ruling coalition, has welcomed the Budget and praised Pawar for presenting a “people-friendly” Budget. The party has also appreciated the allocation of funds for infrastructure development, education, and healthcare.
The BJP, which is the main opposition party in the state, has criticized the Budget for not addressing the concerns of the common man. The party has also accused the government of not doing enough to improve the economy and create jobs.
Conclusion
The Maharashtra government’s Budget for 2025-26 has been presented at a critical time for the state. The Budget aims to promote development in the state and ensure that growth is not delayed. With a total expenditure of ₹7.20 lakh crore, the Budget has been divided into several sectors, with a focus on infrastructure development, education, healthcare, and agriculture.
While the Budget has received mixed reactions from political parties, it is clear that the government has made efforts to address the concerns of various sectors. However, only time will tell whether the Budget will be able to achieve its objectives and promote growth in the state.
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