Maharashtra Budget 2025-26: Key Highlights and Financial Challenges
| Aspect | Details |
|---|---|
| Budget Presented by | Deputy Chief Minister Ajit Pawar (Finance portfolio) |
| Government in Power | Mahayuti government (landslide victory in assembly elections) |
| Total Debt Projection | Rs 9.3 lakh crore (highest ever, Rs 2 lakh crore higher than 2024-25) |
| Revenue Deficit (2025-26) | Rs 45,891 crore (more than double of 2024-25's Rs 20,051 crore) |
| Fiscal Deficit | 2.76% of GSDP |
| Debt-to-GSDP Ratio | 18.7% (within 25% limit) |
| Mukhya Mantri Majhi Ladki Bahin Yojana | Allocation reduced by Rs 10,000 crore to Rs 36,000 crore; stipend increase deferred |
| Farm Loan Waiver | Promised in manifesto but deferred in budget |
| District Annual Plan | Increased by 11% (Rs 18,165 crore to Rs 20,165 crore) |
| SC Component Allocation | Increased by 42% |
| ST Component Allocation | Increased by 40% |
| New Taxes on Motor Vehicles | Expected revenue: Rs 1,125 crore |
| Stamp Duty Increase | Applied to certain transactions |
| Infrastructure Projects | No new projects; focus on ongoing projects |