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Maharashtra govt tables interim budget for 2014-15

Wednesday, 26 Feb 2014
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On 25 February 2014, Ajit Pawar, Finance Minister and Deputy Chief Minister of Maharashtra, tabled a Rs 5,417.28 crore revenue deficit interim budget for 2014-15 in the state legislative assembly.

The budget envisages revenue receipts of Rs 1,69,907.55 crore and expenditure of Rs 1,75,324.83 crore for the next financial year.

As per the new budget, the government has decided to continue tax exemption on items like wheat, rice, pulses, flour, jaggery, turmeric, and tamarind till the next fiscal. Such exemptions will also continue on coriander seeds, fenugreek, chillies, parsley, coconut, papad, wet dates, currants and raisins, Solapuri bedsheets, towels and the current concession on tea, till 31 March, 2015.

However, the draft plan for the state for 2014-15 has not yet been discussed with the Planning Commission. The state government has proposed a plan size of Rs 51,222.54 crore. Of the total, about Rs 6,044 crore (11.8 per cent) has been earmarked for the scheduled castes sub-plan and Rs 4,815 crore (9.4 per cent) for the tribal sub-plan. About Rs 5,902 crore has been earmarked for the district annual plan for 2014-15 and about Rs 2,500 crore has been provided for the industrial incentive scheme.


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