Maharashtra Budget 2025

• 12 Mar 2025

Why in News? 

The Maharashtra Finance Minister presented the Rs 7-lakh-crore budget for 2025-26 in the Assembly, emphasizing industrial growth, infrastructure development, and job creation. 

 Key Points 

• Budget Outlay and GSDP Share: 
  • The total budget outlay constitutes 14.17% of the estimated Gross State Domestic Product (GSDP) of Rs 49.4 lakh crore. 
  • This is lower than the 14.8% of GSDP allocated in the 2024-25 Revised Estimates, making this budget smaller than the previous one. 
• Fiscal Deficit Reduction: 
  • The government has lowered the fiscal deficit to 2.7% of GSDP, down from 2.9% in the 2024-25 Revised Estimates, by budgeting lower spending. 
• Industrial Policy and Job Creation: 
  • The Finance Minister announced plans to introduce an industrial policy for 2025. 
  • The policy aims to attract Rs 40 lakh crore in investments and generate 50 lakh jobs over the next five years. 
• Decline in Capital Expenditure: 
  • Capital expenditure is projected to fall by 14.5% in 2025-26, from Rs 1,09,031.5 crore in the current fiscal to Rs 93,165.5 crore. 
  • Its share in the total budget outlay has been reduced to 13.3%. 
• Ladki Bahin Yojana Allocation: 
  • The scheme has been allocated Rs 36,000 crore, which is 21% lower than the current fiscal’s allocation. 
• Government's Five-Point Agenda: 
  • The State Chief Minister stated that the budget is based on five key focus areas: 
    • Agriculture 
    • Industry 
    • Infrastructure 
    • Employment 
    • Social Welfare 

 Ladki Bahin Yojana 

• The scheme aims to rehabilitate, economically develop, and empower women aged 21 to 65 years by disbursing Rs 1,500 per month.  
• Up to December 2024, the total disbursement under the scheme amounted to Rs 17,505.90 crore.