Maharashtra budget delivers aid to women, farmers amid negative growth – The New Indian Express
Express news service
MUMBAI: Against the backdrop of negative growth of 8%, Maharashtra’s Finance Minister Ajit Pawar presented the state’s annual budget with a deficit of Rs 23,643 crore.
However, Pawar announced a 1% rebate on stamp duty and property registration if it is in a woman’s name. Pawar said the state is going through a difficult phase.
“But this state belongs to the warrior Chhatrapati Shivaji Maharaj; he will emerge unscathed from the crisis induced by Covid-19. “
Pawar has announced various sops for women on the occasion of International Women’s Day. This was Ajit Pawar’s second annual budget of the government of Maha Vikas Aghadi.
“If a property is bought in the name of a woman or is transferred in the name of a woman, then the government has decided to give a 1% rebate on stamp duty and registration. This movement will empower women. In addition, the government will offer free passes to female students traveling on government-owned buses. We also decided to set up a separate state-level female reserve force, ”Pawar said, adding that the decision would add a charge of Rs 1,000 crore to the treasury.
The Minister of Finance has increased the excise tax on alcohol. The VAT rate has also been increased on the sale of alcohol from 60% to 65%. The state is expected to get additional revenue of Rs 1,800 crore, Pawar said.
He said agriculture was the only sector to experience positive growth during a pandemic year. To stimulate this sector, the government waived interest on farmers’ harvest loans up to Rs 2 lakh on the loan amount.
CM Uddhav Thackeray called the budget inclusive.
“This budget will once again put the state on the road to recovery, but also stimulate sectors that have helped the state in times of crisis. We focused on agriculture, health and infrastructure projects, ”he said.
BJP MP Devendra Fadnavis said: “The government has included the amount of BMC projects in the budget and it has not disclosed how much money they have received from the Center for their various programs.”