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Maharashtra Chief Minister Devendra Fadnavis connected Friday (March 6, 2026) presented the State fund for 2026-27, unveiling a ₹7.69 lakh crore roadmap that includes a harvest indebtedness waiver of up to ₹2 lakh for farmers with arrears till September 30, 2025. “Approximately 28-30 lakh farmers volition payment from the indebtedness waiver. Additionally, 20 lakh farmers who person been repaying their instalments regularly volition person ₹50,000 nether the ‘Punyashlok Ahilyadevi Holkar Shetkari Karjmafi Yojana’,” said Mr. Fadnavis.
The Budget besides proposes a ninefold maturation of the cultivation economy, aiming to rise the sector’s GDP from $55 cardinal to $500 cardinal by 2047. The State’s gross receipts are estimated astatine astir ₹6.56 lakh crore, resulting successful a gross shortage of astir ₹40,500 crore.
The full Budget outlay works retired to astir 14.21% of the estimated Gross State Domestic Product of ₹54.13 lakh crore for 2026-27.
The State authorities allocated ₹24,231.28 crore to women and kid development, down from astir ₹31,000 crore past year. While the allocation for the ‘Ladki Bahin’ strategy has fallen, Mr. Fadnavis assured that the strategy volition continue.Criticising the allocations, Shiv Sena (UBT) person Uddhav Thackeray alleged that the State authorities has made the Budget “contractor-friendly”. “They were expected to summation the ‘Ladki Bahin’ instalments. What happened to that?” helium asked. In response, Deputy CM Eknath Shinde said, “Earlier, we had assured that the indebtedness waiver would beryllium announced astatine the close time, and present it has been included successful the Budget. We person besides kept our committedness of not shutting down the Ladki Bahin Yojana.”
Generating much jobs
Mr. Fadnavis unveiled the Maharashtra Global Competence Centre Policy, which aims to found 400 caller competency centres and make 4 lakh occupation opportunities. He announced the improvement of a mining road web and plans to marque Gadchiroli the caller alloy hub, with an concern of ₹262,000 crore expected to make implicit 70,000 jobs successful ample and super-large alloy industries.
