Maharashtra Deputy Chief Minister Ajit Pawar, who holds the finance portfolio, made a slew of populist announcements while presenting the state Budget for 2024-25 ahead of assembly elections likely to be held in October.
The Maharashtra government has cut the value-added tax (VAT) on fuel in the Mumbai metropolitan region, making petrol cheaper by 65 paise per litre and diesel by ₹2.60 per litre. “The decision will come into effect from July 1,” Maharashtra’s Deputy Chief Minister and Finance Minister Ajit Pawar said while presenting the State’s budget. The move will cost the state exchequer ₹200 crore, he said.
Ajit Pawar announced a financial assistance scheme entailing a monthly allowance of ₹1,500 to eligible women in the age group of 21 to 60 years. ‘Mukhyamantri Majhi Ladki Bahin Yojana’ will be implemented from July. The scheme will receive an annual budgetary allocation of ₹46,000 crore.
An eligible family of five will get three cooking gas cylinders free every year under the ‘Mukhyamantri Annapurna Yojana’. The government will provide a ₹5,000 per hectare bonus to all farmers in Maharashtra for their cotton and soybean crops.
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