What are the supplementary demands presented by Maha DyCM Ajit Pawar worth Rs 57,509.71 crore?

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What are the supplementary demands presented by Maha DyCM Ajit Pawar worth Rs 57,509.71 crore?

Synopsis

On June 30, Maharashtra's Deputy Chief Minister Ajit Pawar presented significant supplementary demands for the financial year 2025-26, totaling Rs 57,509.71 crore. This move aims to address pressing financial needs amidst rising deficits and public debt. Discover how these funds will impact various development initiatives across the state.

Key Takeaways

  • Total supplementary demands: Rs 57,509.71 crore.
  • Urban development funding: Rs 15,465.13 crore.
  • Focus on infrastructure: Clearing Rs 80,000 crore in dues.
  • Kumbh Mela allocation: Rs 1,000 crore.
  • Support for education: Scholarships for backward classes.

Mumbai, June 30 (NationPress) Maharashtra's Finance Minister and Deputy Chief Minister Ajit Pawar revealed supplementary demands totaling Rs 57,509.71 crore for the fiscal year 2025-26 on the inaugural day of the Monsoon Session of the Legislature.

This announcement comes in light of reported challenges related to the availability of sufficient funds due to escalating fiscal and revenue deficits, alongside rising public debt.

Out of the total Rs 57,509.71 crore, Rs 19,183.85 crore has been allocated for committed expenditures, while the remaining funds will support various government initiatives and contribute to the implementation of Central government schemes.

During the budget session in March of this year, DyCM Pawar had presented supplementary demands amounting to Rs 6,480.20 crore.

A substantial Rs 15,465.13 crore has been designated for the urban development department, led by Deputy Chief Minister Eknath Shinde, in preparation for the upcoming elections for the Brihanmumbai Municipal Corporation and 28 other civic bodies, aimed at executing essential civic and development projects.

Moreover, Rs 11,042.76 crore has been set aside for various grants based on the recommendations from the 15th Finance Commission. The government has also allocated Rs 9,068.49 crore for the public works department to settle outstanding dues of Rs 80,000 crore owed to contractors for road and bridge projects.

The government has allocated Rs 3,228.38 crore for the reimbursement of stamp duty cess collected for metro projects and other development initiatives led by municipal corporations, municipalities, municipal councils, and zilla parishads.

The Fadnavis government has earmarked: Rs 2,240.82 crore for the state’s contribution to tunnel construction for metro and other transport infrastructure, Rs 2,182.82 crore for cooperative sugar factories’ capital shares for margin loans from the National Cooperative Development Corporation, Rs 2,150 crore for benefits under the central government’s long-term loans, Rs 2,096.58 crore for various corporations to finalize incomplete irrigation projects, Rs 2,000 crore for district roads and bridges, Rs 4,733.11 crore to the rural development department, Rs 3,798.93 crore to the social justice department to continue ongoing programs for backward classes and scholarship payments to eligible students, and Rs 2,835.02 crore for the cooperation, marketing, and textile department.

The state government has allocated Rs 1,300 crore for the Department of Other Backward Classes to provide scholarships to eligible students.

For the Department of Women and Child Development, a budget of Rs 2,665.76 crore has been designated to ensure timely monthly payments to women beneficiaries under the Ladki Bahin Yojana and other schemes.

Lastly, Rs 1,000 crore has been allocated for various development activities associated with the Kumbh Mela in Nashik next year.

Point of View

It is crucial to highlight the government's strategic allocation of funds in Maharashtra. The supplementary demands presented by DyCM Ajit Pawar reflect a proactive approach to addressing fiscal challenges. These allocations are vital for enhancing infrastructure, supporting development projects, and ensuring that the needs of the citizens are met. The government's commitment to various sectors demonstrates their dedication to improving the state's financial health and overall welfare.
NationPress
30/06/2025

Frequently Asked Questions

What is the total amount of supplementary demands presented?
The total supplementary demands presented by Ajit Pawar amount to Rs 57,509.71 crore for the financial year 2025-26.
How much is allocated for urban development?
A significant allocation of Rs 15,465.13 crore has been made for the urban development department.
What is the purpose of the supplementary demands?
The supplementary demands aim to address committed expenditures and provide funds for various government programs and initiatives.
What is the budget for the Kumbh Mela in Nashik?
An allocation of Rs 1,000 crore has been earmarked for development works related to the Kumbh Mela in Nashik.
How are these demands expected to impact public works?
These demands will help clear pending dues and enhance infrastructure, particularly in road and bridge projects.