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Maharashtra Budget Aims for Common Man Relief with Fiscal Discipline

Maharashtra Chief Minister Devendra Fadnavis announced the state budget for 2026-27 will be presented on March 6, aiming to provide relief to the common man while maintaining fiscal discipline. He stated the budget will reflect the extensive preparations made by the late Deputy Chief Minister Ajit Pawar. The session will see 15 bills introduced and details of investment agreements worth Rs 30 lakh crore from Davos will be presented. Deputy Chief Ministers Eknath Shinde and Sunetra Pawar emphasized the budget's focus on citizen needs and economic growth, building on Ajit Pawar's legacy.

Key Points: Maharashtra Budget 2026-27 Focus: Relief & Fiscal Prudence

  • Budget presented March 6
  • Incorporates Ajit Pawar's preparations
  • Aims for public relief & fiscal discipline
  • 15 Bills to be introduced
  • Details Rs 30L cr Davos deals
2 min read

Budget will focus on relief for common man while ensuring fiscal discipline: CM Fadnavis

CM Fadnavis says March 6 Budget will reflect Ajit Pawar's prep, balance public welfare with economic discipline. Details on key bills & investments.

"We will strive to ensure that the Budget provides relief to citizens while maintaining economic discipline. - Devendra Fadnavis"

Mumbai, Feb 22

Maharashtra Chief Minister Devendra Fadnavis on Sunday said the state government will present a Budget that aims to provide relief to the common man while maintaining fiscal discipline, adding that preparations made by the late Deputy Chief Minister Ajit Pawar would be reflected in the financial plan.

Addressing a press conference on the eve of the Budget Session of the state legislature, Fadnavis said the Budget for 2026-27 will be presented on March 6 and will incorporate key priorities relating to welfare and economic stability.

"The Budget will be presented on March 6. The late Deputy Chief Minister Ajit Pawar had done extensive preparation for it with the intention of presenting a comprehensive financial plan. We will strive to ensure that the Budget provides relief to citizens while maintaining economic discipline," Fadnavis said.

He said the government would take necessary measures to ensure financial prudence while addressing public welfare concerns.

The Chief Minister said 15 Bills are scheduled to be introduced during the Budget Session, which begins on Monday.

Referring to central allocations, Fadnavis said Maharashtra has received increased financial support, including additional funds through tax devolution amounting to Rs 98,306 crore.

He said the state would also benefit from infrastructure and development projects announced in the Union Budget, including high-speed corridor projects and railway investments worth Rs 23,000 crore.

Fadnavis said details of investment agreements worth Rs 30 lakh crore signed during the World Economic Forum meeting in Davos would be presented in the legislature.

He added that Maharashtra has also participated in initiatives related to artificial intelligence and is planning an international conference focused on the use of AI in agriculture.

Deputy Chief Minister Eknath Shinde, who was present at the press conference along with Deputy Chief Minister Sunetra Pawar, said the upcoming Budget would prioritise the needs of ordinary citizens and support economic growth.

He said the industrial investment proposals signed in Davos are expected to create significant employment opportunities in the state.

Deputy Chief Minister Sunetra Pawar recalled the contribution of Ajit Pawar to the state's financial planning and said his work would continue to guide fiscal policy decisions.

She expressed confidence that the upcoming Budget would support development and address the needs of different sections of society.

The Budget Session of the Maharashtra Legislature is scheduled to continue for four weeks.

- IANS

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Reader Comments

P
Priya S
"Fiscal discipline" and "relief for common man" are often contradictory in our budgets. I'll believe it when I see the actual allocations for healthcare, education, and farmer support. The AI in agriculture conference is a good step forward though.
A
Aditya G
Respect to the late Ajit Pawar saheb. His groundwork should be honoured. The increased central funds of nearly Rs 1 lakh crore is substantial. Hope it's used wisely for infrastructure in rural areas, not just Mumbai and Pune.
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Sarah B
As someone who recently moved to Mumbai for work, the promise of jobs from the Davos deals is the key takeaway for me. The city needs better public transport and housing – hope the railway investment addresses that.
M
Meera T
All these big numbers are impressive, but what does 'relief' mean for a housewife managing the kitchen budget? Concrete measures to control inflation of dal, oil, and vegetables would be the real common man's budget.
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Vikram M
Good to see a focus on fiscal prudence. Maharashtra cannot afford reckless spending. The investment in AI for agriculture could be a game-changer for our farmers if implemented properly at the ground level.

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