Fadnavis presents ₹7.69 lakh crore Maharashtra Budget, loan waiver for farmers
Legislative action — a bill, act, or amendment that creates or modifies the legal framework. Carries binding force and shapes the rules under which citizens, institutions, and markets operate.
Summary
The Budget proposes a ninefold growth of the agricultural economy, aiming to raise the sector’s GDP from $55 billion to $500 billion by 2047. The State’s revenue receipts are estimated at around ₹6.56 lakh crore, resulting in a revenue deficit of about ₹40,500 crore.
Key Facts
Type Legislation
Source The Hindu - National
Published Saturday, 7 March 2026
Affected Population 1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Agri budget: Rs 1.52 lakh crore (2025-26)
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right