The budget is built on four strategic pillars: Progressive Development, Sustainability, Inclusiveness, and Good Governance, with a long-term goal of making Maharashtra a $5 trillion economy by 2047.
Source: Maharashtra Govt, News
Fiscal Position
Total Outlay: ₹7,69,467 crore
Revenue Deficit: ₹40,552 crore
Fiscal Deficit: 2.7% of GSDP (Within 3% FRBM limit)
Total Debt: Projected to reach ₹11 lakh crore
Increases
Education (International university tie-ups and student technology.)
Agriculture. (Loan waivers and free electricity for pumps.)
Urban Infrastructure (Coastal road, Metro expansion, and GIS slum monitoring)
Decreases in Healthcare and social welfare
1. Key Highlights for Farmers
Loan Waiver: Introduction of the Punyashlok Ahilyabai Holkar Shetkari Karjmafi Yojna, waiving crop loans up to ₹2 lakh for those with arrears up to September 30, 2025.
Repayment Incentive: Farmers who have consistently repaid their loans on time will receive an incentive of ₹50,000.
Free Power: Allocation of ₹20,000 crore to provide free electricity for farmers using agricultural pumps up to 7.5 HP.
Organic Farming: A plan to bring 5 lakh hectares under natural/organic farming over the next four years.
2. Women and Social Welfare
Ladki Bahin Yojana: The flagship scheme will continue, providing ₹1,500 per month to eligible women. While there was speculation about an increase to ₹2,100, the current payout remains at the original level.
Lakhpati Didis: The government aims to create 25 lakh more "Lakhpati Didis" (women in self-help groups earning over ₹1 lakh annually).
Social Equality: The year 2026-27 has been declared the "Year of Social Equality and Harmony" to honor social reformers like Mahatma Phule and Dr. B.R. Ambedkar.
3. Infrastructure and Connectivity
Mumbai-Specific Projects:
Mumbai Metro Line 11: An underground line from Wadala to the Gateway of India (estimated cost ₹23,487 crore).
Coastal Link: The Bandra–Versova Coastal Link is slated for completion by May 2028.
Regional Connectivity:
Pune Tunnel: A 54 km underground tunnel planned for Pune to reduce traffic congestion.
Railways: ₹5,100 crore allocated for the third and fourth rail lines between Pune and Lonavala.
Village Roads: All villages with a population over 1,000 will be connected via concrete roads.
4. Economy and Industry
Economic Growth: The state's real GSDP is projected to grow by 7.9% in 2025-26.
Start-ups: 130 acres in Wadala will be developed into a world-class Startup and Innovation Hub.
MSMEs: A new commissionerate will be established to specifically support MSMEs across the state.
The goal of making Maharashtra a $5 trillion economy by 2047 is being driven by investments in Infrastructure with Debt growing at a fast pace.
Maharashtra should remain India’s largest and most diversified state economy—driven by Mumbai’s financial services, Pune’s engineering and IT/auto clusters, and export-oriented manufacturing—though growth will hinge on investment in infrastructure, job creation outside services, and managing urban pressures
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