Maharashtra Deputy Chief Minister Ajit Pawar, also the national finance minister, ruled the budget of the Mahayo State government led by Devendra Fadnavis on Monday. This is Pawar’s 11th state budget as state legislative finance minister.
“After the strong mandate given by voters to our coalition mandate, I have the opportunity to propose the 11th budget as the Finance Minister. I will work hard to deliver justice on the expectations of the people of Maharashtra,” Pawar said.
“I thank the Central Government and Prime Minister Narendra Modi for the relief given in the league budget. I have proposed the budget for the fiscal year 2025-26. Maharashtra will visit Bharat Dream and Maharashtra CM Devendra Fadanvis in 2047, he said.
This is a key highlight of Maharashtra Budget 2025
15,000 jobs in 5 years
In his speech, Paval said the goal of the Dahaiya government is to generate 5 million new jobs in the next five years.
“We will announce the 2025 industrial policy soon. The policy is designed to attract ₹Investing 22 billion and creating 5 million jobs. “Single regional policies will be developed for the circular economy and new labor laws will be introduced,” Paval said.
2.1,500km road network
Paval also said that in the coming year, a 1,500-km road network will be developed, while the existing 7,000-km existing road will be upgraded to cement roads across the state. In addition, 99% of the Samrudi highway project has been completed, Paval said.
3. Vadhvan port will be operated in 2030
Pawar said the proposed Deep Seaport Vadhvan Port in the Palghar area will see the state account for 26% of the total project cost. Pavar also announced plans for the new airport as part of the port development, while Vadhvan Port will begin operations in 2030.
4. Seven business hubs in Mumbai
Paval said the state has a logistics policy under which 10,000 acres of land will be dedicated to developing logistics infrastructure. The policy will provide facilities for the project and help create 500,000 direct and indirect work.
Pawar also announced that it will develop seven commercial hubs in Mumbai. He said Mumbai’s economy is expected to grow from $140 billion to $300 billion.
5. ₹Investment worth Rs 15.65 billion
I will do my best to deliver justice to the expectations of the people of Maharashtra.
Paval says ₹In Maharashtra, investment of Rs 1,565 crore is planned in the next few years. He said that would create at least 1.6 million new jobs.
He said a seven-point action plan was developed within the first 100 days, which would ensure greater administrative transparency. Offices that provide excellent performance will be recognized and rewarded.
