HomenewsBudget 2023 | budget | Maharashtra government budget | Maharashtra Government |...

Budget 2023 | budget | Maharashtra government budget | Maharashtra Government | maharashtra | Business News | budget 2023 india

Money in the account of farmers and women will get the facility of travel at half the fare, know here the big announcements of the Maharashtra government’s budget

Maharashtra Government’s Budget: Many schemes of PM Modi have been copied by the Maharashtra Government. The effort of the state government is to ensure help to the poor and needy. Let us know the big announcements related to the budget of the Maharashtra government.

Big Announcement of Maharashtra Government’s Budget: Maharashtra Deputy Chief Minister and state Finance Minister Devendra Fadnavis on Thursday presented the state budget in the assembly and announced that his government will transfer Rs 6,000 per year to farmers’ bank accounts on the lines of the central government’s PM-Kisan scheme. He said the government would bear the cost of Rs 6,900 crore for direct transfer to farmers. According to the government, it is expected to benefit 1.15 agricultural families. Keeping in view the interest of the farmers, the government has announced the provision of crop insurance for only one rupee. In the previous scheme, farmers had to pay a two per cent premium on crop insurance. Now the state government will pay the instalment. Rs 3312 crore will be spent on this. This scheme of PM Modi uses Direct Benefit Transfer (DBT) mode to send an amount of Rs 6,000 per year to the bank accounts of farmer families across the country.

Maharashtra Government Budget

The Maharashtra government presented its budget for the fiscal year 2022-23 on March 8, 2022. Here are some important points from the budget:

  1. The total budget size for the year 2022-23 is Rs. 5,00,000 crore.
  2. The government has allocated Rs. 10,000 crores for the construction of roads and bridges in rural areas.
  3. An amount of Rs. 16,500 crores has been earmarked for the education sector, with a special focus on improving the quality of education in government schools.
  4. The government has allocated Rs. 2,500 crores for the healthcare sector, with a special emphasis on strengthening the public healthcare infrastructure and improving healthcare facilities in rural areas.
  5. The government has announced a waiver of property tax for residential properties up to 500 sq ft in size, which is expected to benefit more than 10 lakh people.
  6. The government has proposed to increase the state’s revenue by introducing a new tax on the sale of vehicles, which is expected to generate an additional revenue of Rs. 800 crores.
  7. The government has allocated Rs. 700 crores for the development of Mumbai’s eastern waterfront, which includes the construction of a new port, a marina, and a tourism hub.

Overall, the Maharashtra government’s budget for the fiscal year 2022-23 focuses on infrastructure development, education, healthcare, and social welfare, and aims to boost economic growth and create employment opportunities in the state.

Some additional details from the Maharashtra government’s budget for the fiscal year 2022-23:

  1. The government has proposed to set up a new department called the Kisan Mitra Yojana‘ to provide support and assistance to farmers in the state. An amount of Rs. 200 crores has been allocated for this scheme.
  2. The government has proposed to set up a new corporation called the ‘Maharashtra Biofuel Development Corporation to promote the use of biofuels in the state. An amount of Rs. 100 crore has been allocated for this corporation.
  3. The government has announced a new scheme called ‘Maha Krushi Samruddhi Yojana‘ to provide financial assistance to farmers for the purchase of agricultural equipment and machinery. An amount of Rs. 500 crores has been allocated for this scheme.
  4. The government has proposed to set up a new ‘Maharashtra Start-up Fund’ with a corpus of Rs. 500 crores to support start-ups and entrepreneurship in the state.
  5. The government has allocated Rs. 2,100 crores for the development of the Mumbai-Pune hyperloop project, which aims to reduce travel time between the two cities to just 25 minutes.

Big announcements of Maharashtra Budget 2023
1. E-pathname will be conducted with the help of drones and satellites to assess the damages caused due to unseasonal rains and other natural calamities. The state government has announced an insurance cover of Rs 5 lakh for fishermen.
2. Fadnavis announced the fourth comprehensive women’s policy. Under this scheme, the girl child of BPL families is given Rs 75,000 till they attain the age of 18 years.
3. 50 per cent concession will be given for women in state transport travel across the state.
4. Out of the 337 km metro network in Mumbai, 50 km of lines will be commissioned this year.
5. Farmers of 14 suicide-affected districts will get a cash benefit of Rs 1800 per year in lieu of food grains distributed through PDS.
6. Grants will be given to yellow and orange ration card holders for education under the Lead-Girl Scheme.
7. 50 new hostels will be started for working women across the state. The Deputy CM has announced to increase in the honorarium of Anganwadi workers from Rs 8,300 to Rs 10,000. Anganwadi assistants will be given Rs 5,500 from the existing Rs 4,425 per month.
8. Mediclaim cover given to BPL families under Mahatma Phule Jeevandayi Yojana has been increased from Rs 1.5 lakh to Rs 5 lakh. Also, a patient will be able to get treatment up to Rs 5 lakh free of cost under his Mahatma Phule Janrogya Yojana. Earlier the limit of treatment was Rs 1.5 lakh.
9. Modi Awas Yojana will be launched, under which 10 lakh affordable houses will be built in the next three years spending Rs 12,000 crore. Of these, three lahks will be made in 2023-24. A welfare board for autorickshaws and taxi drivers will be started in Maharashtra.
10. The state government will develop a logistics hub on a 1,000-acre plot in Nagpur.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular