Ajit Pawar’s Maharashtra Budget To Bear PM Modi, Devabhau’s Signature Style?

Spiralling upwards, setting the national record, the Maha 2025-2026 budget close to Rs 10 lakh crore may be announced for Maharashtra with an emphasis on capex expenditure (infrastructure building) come Monday. This translates into 50% incremental funding over last year keeping with incremental government spendings registered across BJP ruled states of India. Uttar Pradesh CM Yogi Adityanath just kicked off his Rs 8.08 lakh crore budget without including supplementary demands added during the next fiscal year following up his Rs 7 lakh crore (base) 2024-2025 budget that grew close to Rs 8 lakh crore subsequently. Bihar has announced a Rs 3.70 lakh crore (base) budget. Earlier, Union Minister Nirmala Sitharaman had announced a similar package for the state in her budget speech. Maharashtra’s deputy CM Ajit Pawar will present the Budget on March 10, which is expected to be in sync with PM Narendra Modi’s development template across India, and will bear the signature style of CM Devendra Fadnavis. Critics argue burgeoning debt and increasing fiscal deficit will turn unmanageable but, financial planners will confidently dive into infrastructure spending across Maharashtra, further enhancing creation of economically prosperous infrastructure corridors for high ROI for the state in coming years. For example: The Samruddhi expressway will mushroom economic hubs on either side of the roadway providing necessary impetus to achieve multi-fold target growth albeit, after a few years. Similarly, planned solar energy infrastructure for agriculture aims to convert foodgrain producers into energy providers while installed capacity of the state (currently 45000 MW) will rise to 85,000 MW in five years.