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2mo ago

Maharashtra Government Seeks Record ₹1.37 Lakh Crore in Supplementary Budget Demands

The demands, including ₹6,486 crore introduced in the latest session, highlight fiscal challenges tied to pre-election schemes and unspent allocations.

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Experts said the additional demands indicated fiscal indiscipline caused by the launch of populist schemes such as the Majhi Ladki Bahin Yojana ahead of the Assembly polls last year. (Praful Gangurde /Hindustan Times)

Overview

  • The Maharashtra government has tabled supplementary demands totaling ₹1.37 lakh crore for the financial year 2024-25, the highest in the state's history.
  • An additional ₹6,486 crore was requested on the first day of the 2025 budget session, with key allocations for rural development, industries, and urban development.
  • Experts have raised concerns over fiscal indiscipline, attributing the record demands to populist pre-election schemes like the Majhi Ladki Bahin Yojana.
  • Despite the increased demands, the government has not utilized ₹2.1 lakh crore of the original budget, raising questions about diverted or scrapped projects.
  • Significant allocations have been made for housing, electricity subsidies, and infrastructure projects, but critics highlight potential impacts on Scheduled Caste and Scheduled Tribe budgets.