Maharashtra Set to Receive Significant Financing Boost from Union Budget Plan
Mumbai– Maharashtra is poised to get significant monetary allowances complying with the unveiling of the Union Spending plan. Principal Preacher Devendra Fadnavis hailed the budget as an action towards a developed India, highlighting essential advantages for the state.
- Tax Devolution: 98, 306 crore, a 20, 000 crore boost from FY 2025 – 26
- Project Allotments: 12, 355 crore allocated for various state projects.
- Framework Financial investment: Significant share of the 12 2 lakh crore nationwide facilities financial investment.
- Development Hubs: Mumbai, Pune, and Nagpur to receive 5, 000 crore each over five years.
Nevertheless, opposition leaders slam the spending plan, claiming an absence of concrete advantages and work generation for Maharashtra.
