Active Cases
Cases in last 1 day

Key points from Maharashtra Budget 2018-19

 Key points from Maharashtra Budget 2018-19

State Finance Minister Sudhir Mungantiwar has started to present the budget for the financial year 2018-2019 in Maharashtra Legislative Assembly. Mungantiwar believes that this year's budget will be in the farmer's interest.

A month back, Mumbai's corporation budget was presented by Ajoy Mehta, which focused on improving the education scenario and the infrastructure in the city. 

Here are the updates from Maharashtra Budget

  • Finance Minister Sudhir Mungantivar announces his fourth state budget session

  • Rs. 300 Cr will be spent on Shivaji Maharaj memorial, tender finalised 

  • Rs. 150 Cr will be spent on proposed Babasaheb Ambedkar memorial

  • A runway work on Navi Mumbai Airport will be completed by December 2019

  • The estimated production of foodgrains in the year 2017-18 might go up to Rs. 93,283 tonnes

  •  Rs 100 crore set aside to promote organic farming

  • The state to spend Rs. 17 Cr on Mumbai Trans Harbour Link project

  • The state grants Rs. 100 crores for small scale industries

  • The state drafts a special policy to increase women entrepreneurs in the state from 9 per cent to 20 per cent

  • The state to use Rs. 40 Cr for reconstruction of 609 ST buses

  • There is a need to increase the job opportunities for graduates and hence, career guidance cell will be launched every district. Rs. 50 Cr will be spent for the same

  • Special provisions will be made for schools wherein 100 schools across the state will be re-built to international standards

  • In order to make the information available of noted personalities such as Dr Babasaheb Ambedkar, Annabhau Sathe and Shivaji Maharaj on a click, the state will invest Rs. 4 Cr in creating websites of the same

  • State to provide 80 per cent grant to those seeking international patents, up to Rs10 lakh, and national patents up to Rs 2 lakh, as part of its start-up policy

  • The state gives a nod to 266-km long Metro route. The project is said to be completed in coming 3-4 years benefiting 67 lakh Mumbaikars

  • 64% of the land acquisition process done for the state’s ambitious Mumbai-Nagpur Superexpress Way i.e. the Samruddhi Highway. The project work to start in April 2018

  • The state approves Versova-Bandra Sea Link

  • 23 coastal projects sanctioned, Bhaucha Dhakka to Mandwa project to kick-off in April 2018
  • Rs. 13,385 crore budget allocated for home department. Of this, Rs 165 crore set aside for state-wide CCTV surveillance network

  • Under Swachh Maharashtra initiative,6.33 lakh public toilet blocks will be constructed in urban areas and 21.03 lakh blocks in rural areas
  • Rs 65 Cr to be spent on poor pregnant women. Every pregnant woman to receive Rs. 5,000 until last month of their pregnancy 

  • The state to set up National Snake Venom Research Institute at Haffkine Institute, Mumbai

  • For better tracking of crimes and criminals, Rs. 25 crore earmarked for Crime and Criminal Tracking Network and Systems (CCTNS)

  • Mobile stalls will be given to physically challenged people for free for their livelihood

  • To promote underwater tourism at Vengurla, Sindhudurg, the state to use India’s first battery-operated submarine

  • Government also aims to plant 50 Cr trees over the next two years

  • The state to spent Rs 79 Cr on a development plan for Ganpatipule temple in Ratnagiri

  • The government to establish Maharashtra State Autorickshaw Welfare Corporation for the welfare of the state’s 20 lakh auto-rickshaw drivers

MumbaiLive would like to send you latest news updates