Maharashtra’s latest Economic Survey underscores a commitment to fiscal prudence despite a projected debt surge to ₹9.32 lakh crore in the 2025-26 fiscal year. The revenue deficit is kept low at 0.9% of GSDP. Capital expenditure is budgeted at ₹1.51 lakh crore, accounting for nearly 20% of the GSDP, with a significant focus on development projects. Tax collections are expected to be buoyant, contributing to revenue receipts of ₹5.61 lakh crore, aided by strong GST inflows and central tax shares.
Fiscal Discipline Maintained as Maharashtra Debt Hits ₹9.32L Cr
India
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