As debt mounts, Maharashtra cuts Ladki funds, stalls loan waiver
The state's first Budget after Mahayuti govt's win reveals a record-high debt of Rs 9.3 lakh crore and a revenue deficit of Rs 45,891 crore for 2025-26. No new major schemes are introduced, focusing instead on existing ones. Local body poll budget allocations have increased, and new taxes are proposed to generate Rs 1,125 crore revenue.
The state's first Budget after Mahayuti govt's win reveals a record-high debt of Rs 9.3 lakh crore and a revenue deficit of Rs 45,891 crore for 2025-26. No new major schemes are introduced, focusing instead on existing ones. Local body poll budget allocations have increased, and new taxes are proposed to generate Rs 1,125 crore revenue.
