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- Maharashtra Budget 2023 Live Updates: 50km metro network to be added in Mumbai region this year, says Devendra Fadnavis
Maharashtra Budget 2023 Live Updates: 50km metro network to be added in Mumbai region this year, says Devendra Fadnavis
Maharashtra deputy chief minister Devendra Fadnavis, who is also the state finance minister, on Thursday presented the Eknath Shinde-led government's first budget for the year 2023-24 in the state assembly. Fadnavis started reading out the budgetary allocations in the Lower House of the state legislature at 2pm. He read out the budgetary provisions from an iPad instead of a conventional paper document. Stay with TOI for all the latest updates.Read Less
Budget dangles carrot before people, indicates mid-term polls are near: Opposision
Opposition leaders on Thursday described the Budget presented by the Eknath Shinde-led Maharashtra government as the dangling of carrot in front of people and a precursor to mid-term elections. The state Budget for 2023-24 proposed Rs 6,000 assistance to farmers and Re 1 crop insurance scheme while also offering relief in professional tax to working women, 50% discount on ticket fares in state-run buses to women and a new scheme for the girl child. (PTI)
State budget: Museum on Shivaji Maharaj to come up on Shivneri Fort
A museum dedicated to the life of Chhatrapati Shivaji Maharaj would be set up on Shivneri Fort, Maharashtra deputy chief minister Devendra Fadnavis announced while presenting the state's Budget for 2023-24 on Thursday. Fadnavis, who holds the finance portfolio, also announced allocation of Rs 300 crore for the conservation of forts built by the iconic 17th century ruler. Shivneri Fort in Pune district is the birthplace of Shivaji Maharaj. (PTI)
50km metro network to be added in Mumbai region this year: Devendra Fadnavis
As much as 50km of metro network will be added in the Mumbai Metropolitan Region (MMR) in 2023-24, Maharashtra deputy chief minister Devendra Fadnavis said on Thursday. He made the announcement while presenting the 2023-24 Budget in the state assembly. (PTI)
Day temperatures in Mumbai, which had slightly dipped thanks to the unseasonal rains that the city witnessed, rose again on Thursday. The maximum temperatures recorded by the IMD's Santacruz observatory was 37.9 degrees Celsius which was six degrees above normal.
Mumbai police seek details of properties rented out by people
The Mumbai police has issued an order asking people to provide relevant details to them when they are renting out or sub-letting properties in the metropolis, an official said on Thursday. The order came into effect for 60 days from Wednesday and its violators will be booked under relevant section of the Indian Penal Code (IPC), he added. (PTI)
Fire breaks out at a chemical factory in Palghar's Vasai, five fire tenders rushed to the spot. No casualty reported till now.
VAT cut announced on aviation turbine fuel (ATF) from 25% to 18% in Mumbai, Pune and Raigad: Maharashtra Deputy CM Devendra Fadnavis during state budget presentation (ANI)
During the budget presentation, Fadnavis said the outlay for farmers has been increased by Rs 6,900 crore and the coverage of the Mahatma Phule Jan Arogya scheme, a health insurance scheme of the government, has been raised from Rs 1.5 lakh to Rs 5 lakh.
This is for the first time that Devendra Fadnavis presented the state budget as he holds the finance portfolio. During Fadnavis's tenure as the chief minister between 2014-19, senior Bharatiya Janata Party (BJP) leader Sudhir Mungantiwar was the finance minister. (PTI)
Minister Deepak Kesarkar finishes his budget speech in Legislative Council.
Scholarship for students
Rs 1,000 to Rs 5,000 for students of Class 5 to Class 7 Rs 1,500 to Rs 7,500 for students of Class 8 to Class 10Uniforms will be provided free of charge to students of all categories up to Class 8 in local body and government schools.
Maharashtra government annouces memorials at three places where Jungle Satyagrah was held in Vidarbha.
Nagpur’s Laxminarayan Institute of technology (LIT) to be granted autonomous status: Deputy CM
Rs 300 crore to be allocated for development of all five Jyoritlings in Maharashtra: Devendra Fadnavis
Maharashtra State Unorganized Workers Welfare Board will be set up to provide social security and welfare schemes to more than three crore unorganized sector workers. Maharashtra State Auto Rickshaw Taxi Driver-Owner Welfare Corporation will be established: Devendra Fadnavis
Airports in the state will be developed
Govt allocates Rs 527 crore for new passenger terminal at Shirdi Airport. Rs 734 crore allocated for Chhatrapati Sambhajinagar Airport land acquisition. Government announces expansion of Nagpur International Airport. A new international airport to be developed at Purandar.
Maharashtra Budget: Rs 12,000 honorarium to Maharashtra farmers per year
Contribution of state government to Pradhan Mantri Krishi Samman Nidhi Yojana will be Rs 6,000 per farmer per annum. The Center will give the remaining Rs 6,000.
Maharashtra State Budget: Gems and jewellery park in Navi Mumbai
State government will soon announce new gems and jewellery policy. State to set up gems and jewellery park in Navi Mumbai.
Maharashtra Budget 2023: Multi-modal logistic hub to come up in Nagpur at a cost of Rs 1,000 crore. The government will also establish circular economy parks at Nagpur, Mumbai, Pune, Smabhaji Nagar and Ratnagiri: Devendra Fadnavis
Maharashtra Budget Live: Maharashtra govt announces economic development corporations for various communities
Jagatjyoti Mahatma Basaveshwar Economic Development Corporation to provide financial assistance to self-employed youth educated unemployed youths and entrepreneurs of the Lingayat community. Sant Kashiba Gurav Youth Economic Development Corporation for the Gurava community. Raje Umaji Naik Economic Development Corporation for the Ramoshi community. Pailwan Kailasavasi Maruti Chavan Wadar Economic Development Corporation for Wadar Community will be established under Maharashtra State Other Backward Classes Development Corporation. These corporations will implement various welfare schemes for which an authorized share capital of Rs 50 crore will be given each.
Maharashtra State Budget Live: Mahatma Jan Arogya Scheme allocation increased from 1.5 lakh to Rs 5 lakh. It would also include 200 more ailments/diseases. Even kidney transplant operations grant to be increased to Rs 4 lakh from Rs 2.5 lakh.
Maharashtra Budget 2023: Bamboo cluster in Latur district, Kolhapuri chappal cluster in Kolhapur district will be developed through self-help groups.
Maharashtra Budget 2023 Live: As announced by the Centre in the budget, Unity Mall will be established in Mumbai, space will be given to self-help groups: Fadnavis
Maharashtra Budget: Poor citizens to be provided with Anand Shida (free ration kit) on the occasion of Gudi Padwa and Dr Bhimrao Ambedkar's birth anniversary. Rs 1.63 crore to be allocated for this purpose: Devendra Fadnavis
Maharashtra 2023 Budget: Families having yellow and orange ration cards to get Rs 5,000 after birth of child, Rs 4,000 after Class 4, Rs 6,000 after Class 6 and Rs 8,000 after Class 11. Rs 75,000 will be given to the beneficiary girl after she attains the age of 18 years: Devendra Fadnavis
State government to expand Apla Dawakhana. The initiative we started got a huge response, seeing that now 700 Apla Dawakhana dispensaries will be started in the entire state in the name of late Balasaheb Thackeray, through which free treatment will be provided: Devendra Fadnavis
Women to get 50% discount in state transport buses, 1% discount on stamp duty: Deputy CM
PM Awas scheme: Four lakh new homes to be constructed, of which 1.5 lakh would be for the backward category, 25,000 for Matang Samaj, says Devendra Fadnavis
Modi Awas Gharkul Yojana to be started with an outlay of Rs 12,000 crore. Of them, three lakh homes to be completed in 2023-24: Devendra Fadnavis
Jal Yukt Shivar Scheme-II to be launched for farmers. The earlier scheme was stopped by the previous MVA government: Devendra Fadnavis
All approvals to be granted to Painganga-Nalgana project in Vidarbha; special budget for it soon, says deputy CM
Maharashtra government announces Rs 5 lakh insurance scheme for the traditional fishermen with Centre’s help.
LIVE: Devendra Fadnavis to present first Eknath Shinde-led Maharashtra govt Budget
Maharashtra government to start mobile based e-punchanama for farmers affected by unseasonal rain and drought to measure damage to crops. Drones and satellite images to be used too, says Devendra Fadnavis
Gardens depicting Chhatrapati Shivaji Maharaj's life journey through various means to be developed at Mumbai, Amravati, Nagpur and Nashik. The government has allocated Rs 250 crore for the purpose: Devendra Fadnavis
Maharashtra's share will be 1 trillion dollar in the 5 trillion dollar economy proposed by Prime Minister Narendra Modi, says deputy CM Devendra Fadnavis
Forts conservation in Maharashtra
Rs 350 crore set aside for forts conservation in Maharashtra
Shiv Sena (UBT) president Uddhav Thackeray attends legislative council as budget speech begins. Minister Deepak Kesarkar presenting budget in the legislative council.
Treasury benches raised slogans of Vande Mataram, Bharat Mata Ki Jai, and Shivaji Maharaj Ki Jai, as soon as deputy CM Devendra Fadnavis arrived in assembly with budget copy
Opposition creates ruckus over farmers' aid, stages walkout from Maharashtra assembly
The opposition on Thursday continued their protest against the BJP-Shiv Sena government for declaring immediate compensation to the farmers, who were hit by unseasonal rains in the last few days.Even after an assurance by chief minister Eknath Shinde that the government would announce aid to the farmers after the completion of panchnamas, the opposition led by leader Ajit Pawar staged a walkout from the assembly.
READ MOREAhead of budget presentation in Maharashtra, opposition parties criticise Eknath Shinde-led govt
Opposition parties in Maharashtra on Thursday criticised chief minister Eknath Shinde-led State government and questioned the intention behind the budget, which is being presented today by Deputy Chief Minister and state Finance Minister Devendra Fadnavis in the assembly here.Maharashtra minister and senior Congress leader Vijay Vadettiwar said that this budget will be a complete "maze."Former Chief Minister Ashok Chavan said "This government is against the common people, the state is in debt. I don't think that people will get some relief, only the manipulation of figures will be seen in this budget."
Mumbai: Cabinet meeting under way to pass the state budget 2023-24 (ANI)
Mumbai: Deputy CM and finance minister Devendra Fadnavis garlanded the statue of Chhatrapati Shivaji Maharaj ahead of the presentation of the budget
Maharashtra deputy CM Devendra Fadnavis to present state budget at 12 noon
Maharashtra Budget: Salary & pension cost on the rise, subsidies by Maha govt decline
Subsidies provided by the Maharashtra government are shrinking whereas revenue expenditure on salaries, pensions and interest for servicing debt are rising.Around 30. 9% of revenue expenditure in the current fiscal (2022-23) has gone for salaries and wages alone followed by another 13. 2% on pensions. Out of the total Rs 4,27,780 crore revenue expenditure this fiscal, Rs 1,31,986 crore was spent on salaries and wages followed by Rs 56,300 crore on pension and Rs 46,763 crore (10. 9%) on interest. Expenditure on subsidies was Rs 28,111 crore (6. 6%), much lower than in the previous fiscal.
Maharashtra Budget 2023: The state had initiated the Maha-Parvana, single permission system through its Maharashtra Industry, Trade and Investment Facilitation Cell (MAITRI) to process proposals of FDI and new industrial units with investment over Rs 50 crore.
Maharashtra Budget Live: Industry in Maharashtra set to expand by 6.9%, services to decline
The manufacturing sector in Maharashtra is set to grow at 6. 9% for 2022-23 against 4. 2% in 2021-22, according to the state’s economic survey for 2022-23. Construction and mining/quarrying, which along with manufacturing form some of the broad categories in the industrial sector, are expected to grow by 4. 4% against 0. 9-1. 3% in the previous year. Overall, Maharashtra's industrial sector is expected to grow by 6. 1% from 3. 8% in 2021-22.Up to November 2022, the number of industrial projects approved were 211 with an overall investment of Rs 35,870 crore. In sharp contrast, Gujarat with 168 projects has attracted investments worth Rs 98,159 crore. Up to September 2022, the state saw an inflow of Rs 62,425 crore in foreign direct investments (FDI) remaining in the forefront while Gujarat received FDI of Rs 26,866 crore. In 2021-22 the state received Rs 1. 15 lakh crore in FDI while Gujarat received only Rs 20,169 crore.
Maharashtra State Budget: Rise in industrial growth silver lining for govt
For the Eknath Shinde government, which is under attack from the Opposition for the flight of big-ticket projects to Gujarat, the estimated rise in industrial growth is the silver lining in the Maharashtra’s economic survey which was tabled in legislature on Wednesday.Within industry, the growth rate in the manufacturing segment is estimated to rise from 4. 2% to 6. 9%, that of the construction segment is set to increase from 1. 3% to 4. 4%. Growth rate of the mining segment is also set to increase from 0. 9% to 4. 4%. However, growth in the segment of utilities including electricity and water supply is set for a decline from 12. 5% to 7%.
Maharashtra Budget Live: Special cell for lactating mothers in all new buildings, announces Maharashtra govt
On the occasion of Women’s Day the state government made a slew of announcements for the welfare and safety of women. Chief minister Eknath Shinde informed the assembly that deputy CM Devendra Fadnavis would announce the ‘women’s policy’ for the state during his budget speech at 12 noon on Thursday.
Maharashtra Budget 2023 Live: The four-week Budget session of the Maharashtra Assembly started on February 27 and will continue till March 26.
