Tag: Maharashtra Budget

  • Maharashtra: With an eye fixed on subsequent 12 months’s elections, Fadnavis’ finances intends to ‘please all’ 

    Express News Service

    MAHARASHTRA: Devendra Fadnavis on Thursday laid emphasis on infrastructure creation as he offered the annual finances, which was meant to please all, within the State Assembly.

    There had been bulletins within the finances aimed to make the farmers, govt workers and Asha staff glad by growing their salaries and monetary help.

    Deputy chief minister who additionally holds the finance portfolio, Fadnavis mentioned that to spice up the state authorities’s share of gross home product (GDP) from 14.2 p.c to twenty p.c, the federal government has determined to put emphasis on infrastructure creation in order to make sure complete growth of the state.

    India is shifting in direction of a 5 trillion greenback financial system and Maharashtra has determined to contribute its share of 1 trillion {dollars}, he additional mentioned in his finances speech.

    The income deficit of the state has been pegged at Rs 16,112 crores whereas the fiscal deficit is at Rs 95,500.80 crores.

    Even as he learn out his finances speech utilizing the digital know-how –tab, he quoted from the verses of medieval saints together with Tukaram and Sant Dnyaneshwar.

    Fadnavis introduced the ‘Namo Shetkari Mahasanman Nidhi’ to complement the Pradhan Mantri Krishi Samman Nidhi Yojana, conceived by Prime Minister Narendra Modi, with grants from the State.

    “Maharashtra government will provide an additional amount of Rs 6000 along with Rs 6000 per farmer per year from the central government. In this way, an amount of Rs 12,000 will be deposited in the farmer’s account every year. This will benefit around 1.15 crores farmers’ families. We have earmarked the budget of Rs 6900 crores for this ambitious scheme,” Devendra Fadnavis mentioned.

    He added, there’s a provision to pay two per cent of the insurance coverage premium by the farmer within the Pradhan Mantri Crop Insurance Scheme of 2016 by the Central Government.

    “However, the insurance premium for their share will be paid by the state government itself. Farmers no longer bear this burden as well. Farmers can register on the Pradhan Mantri Crop Insurance Yojana portal by paying a nominal fee of Re 1. We have made the provision of Rs 3312 crores for this scheme,” he added.

    “Under Mahatma Jyotirao Phule Shetkari Karjmukti Yojana, farmers who regularly repay short-term crop loans have been given an incentive of up to Rs. 50,000, which was announced in the last two budgets, but not distributed. Under this scheme, an amount of Rs 4683 crores has been directly disbursed to the bank accounts of 12.84 lakhs eligible account holders by the end of February 15, 2023,” he knowledgeable.

    Finance minister mentioned that in addition they proposed to offer pipeline connections to 17,72,000 households beneath Jal Jeevan Mission which can value Rs. 20,000 crores to the state exchequer. 

    “A new scheme called Lek Ladki will be launched for the empowerment of girls. For yellow and orange ration card holder families, a subsidy of Rs. 5,000 will be given after the birth of a girl child, Rs. 4,000 in class I, Rs. 6,000 in class VI and Rs. 8,000 in class XI. Once the girl completes the age of 18, a cash amount of Rs. 75,000 will be given to her. Besides, women will be given a 50 per cent discount on ticket fares in State Transport Corporation buses,” Devendra Fadnavis mentioned.

    He introduced a rise in the wage of Asha Pravartaka from Rs. 3,500 to Rs 5000 whereas the promoter will get Rs. 4,700 as honorarium plus an extra Rs. 1,500 every.

    There are about 81,000 Asha volunteers and three,500 group promoters working within the State.

    Further, Fadnavis introduced the rise in Anganwadi staff’ honorarium from Rs 8,325 to Rs 10,000 whereas for mini anganwadi staff from Rs. 5,975 to Rs. 7,200. Anganwadi helpers will get Rs 5,500 as a substitute of Rs. 4,425  per 30 days.

    After the setback in latest MLC elections, the state authorities introduced elevating the honorarium of major and better major training sevaks from Rs. 6,000 to Rs. 16,000, that of secondary training sevaks from Rs. 8,000 to Rs.18,000, and that of upper secondary training sevaks from Rs. 9,000 to Rs.20,000.

    MAHARASHTRA: Devendra Fadnavis on Thursday laid emphasis on infrastructure creation as he offered the annual finances, which was meant to please all, within the State Assembly.

    There had been bulletins within the finances aimed to make the farmers, govt workers and Asha staff glad by growing their salaries and monetary help.

    Deputy chief minister who additionally holds the finance portfolio, Fadnavis mentioned that to spice up the state authorities’s share of gross home product (GDP) from 14.2 p.c to twenty p.c, the federal government has determined to put emphasis on infrastructure creation in order to make sure complete growth of the state.googletag.cmd.push(operate() googletag.show(‘div-gpt-ad-8052921-2′); );

    India is shifting in direction of a 5 trillion greenback financial system and Maharashtra has determined to contribute its share of 1 trillion {dollars}, he additional mentioned in his finances speech.

    The income deficit of the state has been pegged at Rs 16,112 crores whereas the fiscal deficit is at Rs 95,500.80 crores.

    Even as he learn out his finances speech utilizing the digital know-how –tab, he quoted from the verses of medieval saints together with Tukaram and Sant Dnyaneshwar.

    Fadnavis introduced the ‘Namo Shetkari Mahasanman Nidhi’ to complement the Pradhan Mantri Krishi Samman Nidhi Yojana, conceived by Prime Minister Narendra Modi, with grants from the State.

    “Maharashtra government will provide an additional amount of Rs 6000 along with Rs 6000 per farmer per year from the central government. In this way, an amount of Rs 12,000 will be deposited in the farmer’s account every year. This will benefit around 1.15 crores farmers’ families. We have earmarked the budget of Rs 6900 crores for this ambitious scheme,” Devendra Fadnavis mentioned.

    He added, there’s a provision to pay two per cent of the insurance coverage premium by the farmer within the Pradhan Mantri Crop Insurance Scheme of 2016 by the Central Government.

    “However, the insurance premium for their share will be paid by the state government itself. Farmers no longer bear this burden as well. Farmers can register on the Pradhan Mantri Crop Insurance Yojana portal by paying a nominal fee of Re 1. We have made the provision of Rs 3312 crores for this scheme,” he added.

    “Under Mahatma Jyotirao Phule Shetkari Karjmukti Yojana, farmers who regularly repay short-term crop loans have been given an incentive of up to Rs. 50,000, which was announced in the last two budgets, but not distributed. Under this scheme, an amount of Rs 4683 crores has been directly disbursed to the bank accounts of 12.84 lakhs eligible account holders by the end of February 15, 2023,” he knowledgeable.

    Finance minister mentioned that in addition they proposed to offer pipeline connections to 17,72,000 households beneath Jal Jeevan Mission which can value Rs. 20,000 crores to the state exchequer. 

    “A new scheme called Lek Ladki will be launched for the empowerment of girls. For yellow and orange ration card holder families, a subsidy of Rs. 5,000 will be given after the birth of a girl child, Rs. 4,000 in class I, Rs. 6,000 in class VI and Rs. 8,000 in class XI. Once the girl completes the age of 18, a cash amount of Rs. 75,000 will be given to her. Besides, women will be given a 50 per cent discount on ticket fares in State Transport Corporation buses,” Devendra Fadnavis mentioned.

    He introduced a rise in the wage of Asha Pravartaka from Rs. 3,500 to Rs 5000 whereas the promoter will get Rs. 4,700 as honorarium plus an extra Rs. 1,500 every.

    There are about 81,000 Asha volunteers and three,500 group promoters working within the State.

    Further, Fadnavis introduced the rise in Anganwadi staff’ honorarium from Rs 8,325 to Rs 10,000 whereas for mini anganwadi staff from Rs. 5,975 to Rs. 7,200. Anganwadi helpers will get Rs 5,500 as a substitute of Rs. 4,425  per 30 days.

    After the setback in latest MLC elections, the state authorities introduced elevating the honorarium of major and better major training sevaks from Rs. 6,000 to Rs. 16,000, that of secondary training sevaks from Rs. 8,000 to Rs.18,000, and that of upper secondary training sevaks from Rs. 9,000 to Rs.20,000.

  • Maharashtra funds: Paddy farmers to get Rs 15,000 incentive per hectare

    By Online Desk

    MUMBAI: Deputy Chief  Minister and state Finance Minister Devendra Fadnavis introduced Maharashtra’s Budget for 2023-24 on Thursday. This reportedly marks the primary Budget of the Eknath Shinde-government after it got here to energy, toppling the Uddhav Thackeray-led MVA (Maha Vikas Aghadi) authorities.

    Focus appears to have been given to the agricultural sector within the wake of protests by current protests by onion and cotton growers who had been up in arms in opposition to the Centre and the State for failing to assist them when the costs are plunging.

    Maharashtra Finance Minister Devendra Fadnavis earmarked Rs 20,000 crore for Har ghar jal — ingesting water connections to all in state. @NewIndianXpress

    — Sudhir Suryawanshi (@ss_suryawanshi) March 9, 2023

    Devendra Fadnavis stated that the state will finalize the fourth ladies’s coverage for the state. Various schemes introduced for women and girls.

    The State authorities is to supply premiums for farmers beneath PM Krishi Bima Yojna. Apart from Rs 6,000 to particular person farmers from central scheme, the state guarantees an extra Rs 6,000. It means each eligible farmer can be entitled for Rs 12,000.  Paddy-growing farmers will get Rs 15,000 incentive per hectare. 

    MUMBAI: Deputy Chief  Minister and state Finance Minister Devendra Fadnavis introduced Maharashtra’s Budget for 2023-24 on Thursday. This reportedly marks the primary Budget of the Eknath Shinde-government after it got here to energy, toppling the Uddhav Thackeray-led MVA (Maha Vikas Aghadi) authorities.

    Focus appears to have been given to the agricultural sector within the wake of protests by current protests by onion and cotton growers who had been up in arms in opposition to the Centre and the State for failing to assist them when the costs are plunging.

    googletag.cmd.push(operate() googletag.show(‘div-gpt-ad-8052921-2’); );

    Maharashtra Finance Minister Devendra Fadnavis earmarked Rs 20,000 crore for Har ghar jal — ingesting water connections to all in state. @NewIndianXpress
    — Sudhir Suryawanshi (@ss_suryawanshi) March 9, 2023
    Devendra Fadnavis stated that the state will finalize the fourth ladies’s coverage for the state. Various schemes introduced for women and girls.

    The State authorities is to supply premiums for farmers beneath PM Krishi Bima Yojna. Apart from Rs 6,000 to particular person farmers from central scheme, the state guarantees an extra Rs 6,000. It means each eligible farmer can be entitled for Rs 12,000.  Paddy-growing farmers will get Rs 15,000 incentive per hectare.