By CNBCTV18.COM | Mar 10, 2025 2:55 PM IST (Updated)
Maharashtra Budget 2025 Live Updates: Maharashtra Finance Minister Ajit Pawar presented the state’s Budget for 2025-26 on Monday, March 10. “I am presenting the budget for the financial year 2025-26. Maharashtra will be number one in fulfilling the Prime Minister’s dream of a developed India by 2047. Maharashtra is number one in foreign direct investment. In Davos, Maharashtra signed MoUs with 56 companies worth Rs 15.72 lakh crore, which will employ 16 lakh people,” says Pawar. The government’s pre-Budget Economic Survey said the state’s economy is expected to grow at 7.3% as per the advance estimates of 2024-25. The projected growth is more than that of the country’s economy, which is expected to expand by 6.5% in the current fiscal, as per the survey report. In the financial year 2024-25, agriculture and allied activities, industry and services sectors are expected to grow at 8.7%, 4.9%, and 7.8%, respectively, it said. The nominal GSDP (Gross State Domestic Product), at current prices, for 2023-24 is estimated at ₹40,55,847 crore as against ₹36,41,543 crore in 2022-23, said the survey. The figure for 2024-25 is ₹45,31,518 crore, according to the revised estimates.
The government’s pre-Budget Economic Survey said the state’s economy is expected to grow at 7.3% as per the advance estimates of 2024-25. The projected growth is more than that of the country’s economy, which is expected to expand by 6.5% in the current fiscal, as per the survey report.
In the financial year 2024-25, agriculture and allied activities, industry and services sectors are expected to grow at 8.7%, 4.9%, and 7.8%, respectively, it said.
The nominal GSDP (Gross State Domestic Product), at current prices, for 2023-24 is estimated at ₹40,55,847 crore as against ₹36,41,543 crore in 2022-23, said the survey. The figure for 2024-25 is ₹45,31,518 crore, according to the revised estimates.