In the poll bound year, the Maharashtra finance minister Sudhir Mungantiwar on Wednesday has presented an interim budget with an estimated revenue deficit of Rs 19,784 cfore for 2019-20.  The revenue receipts have been estimated at Rs 3,14,489 crore against the revenue expenditure of Rs 334,273 crore. However, Mungantiwar hoped that the revenue mobilisastion will increase by end of March by slew of efforts which will help contain the revenue deficit. Mungantiwar has refrained from making any populist announcements in his interim budget.

As far as 2018-19 is concerned, the government has revised revenue deficit to Rs 14,960 crore.

The annual plan size for 2019-20 has been fixed at Rs 99,000 crore which inclues outlya of Rs 9,208 crore for special component plan, Rs 8,431 crore for tribal sub plan and Rs 9,000 crore for district annual plan.

Further, Mungantiwar said that the public debt has been reported at Rs 4,14,411 crore as on date  against the budget estimate of Rs 4,61,807 crore in March 2018. The government had estimated to take loan of Rs 54,996 crore in 2018-19. Hoevver, the government restricted loan raising to Rs 11,990 crore due to conscious efforts taken by the government.

Mungantiwar refuted opposition's clam that the state was reeling under heavy public debt impacting the pace of development. He said the debt is 14.82% of gross state domestic product (GSDP). He informed the state assembly that the government has been successful in keeping the quantum of debt below 15% of GSDP for 2018-19.

Mungantiwar termed the interim budget ''inclusive" covering all constituents of the society incluiding farmers, youthm women and deprived classes.

The Finance Minister has proposed an outlay of Rs 8,500 crore for road development, Rs 8,733 crore for irrigation projects with special focus on Vidarbha, Marathwada and drought prone area development plan areas. Further, he has proposed Rs 3,498 crore for various schemes of agriculture department, Rs 3,700 crore for development of roads under Hybrid Annuity model, Rs 2,164 crore under Chief Minister Gram Sadak Yojana, Rs 6,306 crore for infrastructure facilities and other works of energy department and Rs 5,210 crore for concessions in electricity tariff to agriculture consumers.

Further, the finance minister has proposed an outlay of Rs 1,097 crore under Integrated Child Development Scheme, Rs 2,892 crore for welfare of other backward class, Vimukta Jati, Nomadic Tribes and special backward class.  He has proposed an allocation of Rs 465 crore for development of minorities.