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Maharashtra govt presents supplementary demands of Rs 6,259 crore

Friday, 04 Mar 2022
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The Maharashtra government has presented a supplementary demand of Rs 6,259.36 crore ahead of the presentation of budget for FY23. The demands include Rs 1,400 crore for infrastructure projects in the state.

As per the supplementary demands, apart from the amount sought for infrastructure projects, which will go to municipal councils as special grants, Rs 1,500 crore has been sought for the disbursal of pension and other wages, Rs 3,190 crore for industries, power and labour departments, Rs 2,936 crore for the urban development department and Rs 1,500 crore for finance department.

After the supplementary demands are passed, the revenue deficit is expected to be Rs 43,977 crore, which will account for 1.48 percent of the state's gross domestic product (GDP). The fiscal deficit is expected to be Rs 1,16,607 crore of the state’s GDP.
 
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