Maharashtra Deputy Chief Minister Devendra Fadnavis on Thursday presented the state budget based on the principle of ‘Panchamrut’ with a focus on farmers, women, youth, employment and environment. This was the Eknath Shinde-led government’s first state budget for the financial year 2023-24.
Fadnavis, who handles the finance portfolio tabled the budget which focuses on farmers, women and the middle class. Fadnavis read out the budgetary provisions from an iPad instead of a traditional paper document.
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 ₹ 1.5 lakh to ₹ 5 lakh.
Further an amount of ₹ 300 crore to be allocated for development of all five Jyotirlingas in the state. Maharashtra is home to five Jyotirlingas – Bhimashankar, Trimbakeshwar, Grishneshwar, Aundha Nagnath and Vaijanath.
Some major highlights from the budget are –
While presenting the state budget, Fadnavis announced the reduction in the tax on ATF (Aviation Turbine Fuel) from 25 percent to 18 percent in Mumbai, Pune and Raigad. However, the government did not say anything on the issue of Old Pension Scheme, one of the biggest problem for the state government to resolve.