Maha budget will seek to strike balance between fiscal prudence & welfare plans
Maharashtra's Mahayuti government faces a tight budget balancing act between managing a soaring debt and fiscal deficit while maintaining welfare schemes. Despite expanding farmer aid, increasing the Ladki Bahin stipend seems unlikely. The state aims to reduce the fiscal deficit to 3% of GSDP, focusing on revenue growth despite global economic challenges.
Maharashtra's Mahayuti government faces a tight budget balancing act between managing a soaring debt and fiscal deficit while maintaining welfare schemes. Despite expanding farmer aid, increasing the Ladki Bahin stipend seems unlikely. The state aims to reduce the fiscal deficit to 3% of GSDP, focusing on revenue growth despite global economic challenges.
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