Maharashtra Chief Minister Devendra Fadnavis announced plans for a budget that prioritizes providing relief to the public while upholding fiscal responsibility. The upcoming budget for 2026–27, to be unveiled on March 6, will reflect the groundwork laid by the late Deputy Chief Minister Ajit Pawar. Fadnavis emphasized that the financial plan aims to address welfare and economic stability concerns.
Fadnavis highlighted that the budget presentation will incorporate Ajit Pawar’s meticulous preparations, focusing on offering comprehensive financial solutions. The government’s goal is to ensure that the budget eases the burden on citizens while adhering to economic discipline. Additionally, the Chief Minister mentioned that 15 bills are set to be introduced during the upcoming Budget Session starting Monday.
The Chief Minister also mentioned increased financial support received by Maharashtra from central allocations, including additional funds of Rs 98,306 crore through tax devolution. Furthermore, the state stands to benefit from infrastructure and railway investments worth Rs 23,000 crore, as announced in the Union Budget. Fadnavis also revealed that investment agreements totaling Rs 30 lakh crore, signed during the World Economic Forum in Davos, will be detailed in the legislature.
Deputy Chief Minister Eknath Shinde, accompanied by Deputy Chief Minister Sunetra Pawar, expressed that the forthcoming budget will prioritize the common man’s needs and bolster economic growth. Shinde highlighted that industrial investment proposals from Davos are anticipated to generate substantial job opportunities in Maharashtra. Sunetra Pawar acknowledged Ajit Pawar’s significant contribution to the state’s financial planning, affirming that his legacy will guide fiscal policy decisions.
The Budget Session of the Maharashtra Legislature is scheduled to span four weeks, focusing on development and catering to diverse societal needs.
