Mumbai: Maharashtra’s Deputy Chief Minister and Finance
Minister Ajit Pawar reaffirmed the Mahayuti government’s
commitment to transforming the state through infrastructure development,
agriculture, industries, employment generation, and welfare schemes.
Speaking in the legislative assembly while responding to a debate on the
2025-26 state budget, Pawar emphasized that achieving the vision of ‘Viksit
Maharashtra’ requires strong political will and strategic planning.
Infrastructure Expansion for Economic Growth
Pawar highlighted the critical role of road
infrastructure in boosting Maharashtra’s economy. He stated that by
expanding the road network, the productivity of industries would
increase, transportation costs for farmers would decrease, and overall fuel
consumption would be reduced, resulting in significant economic benefits.
AI in Agriculture: A Game Changer for Farmers
Recognizing the potential of artificial intelligence (AI)
in agriculture, Pawar noted that modern AI-driven technology will
revolutionize the farming sector. By providing advanced crop management
guidance, AI can enhance agricultural productivity, reduce losses,
and contribute to farmer prosperity.
He also pointed out that the agriculture sector’s growth
rate has increased significantly—from 3.3% in 2023-24 to 8.7% in 2024-25—thanks
to the government’s focused development efforts in the field.
Mukhyamantri Majhi Ladki Bahin Scheme to Continue
Pawar assured that the Mukhyamantri Majhi Ladki Bahin
scheme, aimed at empowering women, would continue despite concerns over ineligible
beneficiaries receiving funds. He confirmed that funds already disbursed
to such individuals would not be reclaimed.
He further shared that many women have successfully used
the ₹1,500 assistance as seed capital to start small businesses.
Additionally, some beneficiaries of the Ujjwala LPG scheme voluntarily
withdrew their benefits after an appeal to leave the subsidy for those
in greater need.
"Empowered women contribute directly to the state’s
economic growth," he remarked.
Adapting Schemes to Changing Circumstances
The Deputy CM explained that some government schemes were
discontinued after the COVID-19 pandemic, while others were removed
to avoid duplication with similar initiatives launched by the Central
government. He stressed that policies and schemes are periodically
reviewed and adjusted based on prevailing socio-economic conditions.
Revenue Growth and Fiscal Management
Discussing Maharashtra’s financial position, Pawar outlined
two primary approaches to achieving developmental goals:
- Increasing
government revenue
- Taking
low-interest loans for development projects
He reassured citizens that the government does not intend
to increase their tax burden and is following the Central government’s
regulations on loan management.
Pawar cited RBI’s risk analysis report, which
confirms that Maharashtra follows healthy fiscal practices. He shared
the following key figures:
- Estimated
state debt (2024-25): ₹7.82 lakh crore
- Projected
state GDP (2025-26): ₹49.39 lakh crore
- Expected
debt (2025-26): ₹9.32 lakh crore (18.87% of GDP)
He highlighted that Maharashtra has always used borrowed
funds for capital expenditure and investment, ensuring long-term
financial stability and growth.
Conclusion
Ajit Pawar’s address in the legislative assembly reaffirmed
the Mahayuti government’s commitment to Maharashtra’s development. By prioritizing
infrastructure, leveraging AI in agriculture, empowering women, and maintaining
a strong fiscal policy, the government is determined to realize the
vision of ‘Viksit Maharashtra’ while ensuring economic progress and
social welfare.