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Maharashtra Dy CM Ajit Pawar Presented State’s Budget 2022-23, Rs 1,15,215cr Proposed for Panchasutri Programme

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The Deputy (Dy) Chief Minister (CM) of Maharashtra, Ajit Pawar, who also holds the finance portfolio presented the Maharashtra state budget for 2022-23 reflecting state’s aspirations to become 1st Indian state to have a $1-trillion economy.

  • Maharashtra also has become the 1st state in the country to formulate an agricultural export policy.
  • The state budget proposed an outlay of Rs 1,15,215 crore for Panchasutri (Five-Point Programme) i.e. 5 focus areas viz. Agriculture, Health, Human Resource, Transport and Industry for a sustainable & prosperous Maharashtra. These sectors will get Rs 4 lakh crore in the next three years.
  • The Maharashtra government also reduces VAT (Value Added Tax) on CNG (Compressed Natural Gas) from 13.5% to 3%.

Maharashtra’s Financial Indicators for 2022-23:

Revenue Receipts- Rs 4,03,427.12 crore

Revenue Expenditure- Rs 4,27,780.12 crore

Revenue Deficit- 24,353.89 crore

Key Allocations:

i.An outlay of Rs 23,888 crore is proposed for agriculture and allied sectors, 

ii.Rs 5,244 crore budgeted for the health sector. State plans to spend Rs 11,000 crore on health services in the next three years.

  • Rs 2,061 crore budgeted for medical education department. Admission capacity for medical postgraduate education will be increased. 
  • Rs 20 crore proposed for upgrading the cataract surgeries in the state

iii.Rs 3,183 crore outlay for the Public Health and Family Welfare Department.

iv.Rs 46,667 crore proposed for Human Development and Human Resources; Rs 28,605 crore for transportation infrastructure; and Rs 10,111 crore for the development of the Industry and Energy Sectors

India’s first Indrayani Medicity will be set up in Pune Rural Area

i.The state government will set up a India’s first high-tech ‘Indrayani Medicity’ on 300 acres in the Pune district’s (Khed taluka) rural area. The state government will attract investment worth more than Rs 10,000 crore for the project.

  • It will be set up by the Pune Metropolitan Region Development Authority (PMRDA) through a public-private partnership (PPP).
  • Women’s hospital to be set up at Sangli, Satara, Solapur, Kolhapur.


  • The government introduced an incentive grant of Rs 50,000 to 20 lakh farmers who repay their loans regularly. The estimated expenditure on this scheme is Rs 10,000 crore.
  • Rs 1000 crore will be provided in 3 years for a special action plan for soyabean and cotton crops.
  • Announced a loan waiver of the Land Development Bank of ₹964 crores for 34,788 farmers.

Other Allocations

  • Rs 100 crore is set aside for start-ups.
  • Rs 100 crore will be allocated for Music University that will be established inside Kalina University in the name of late Bharat Ratna Lata Mangeshkar.
  • There is also a provision of Rs 7500 crore for 10,000 km roads under Mukhyamantri Gram Sadak Yojana Phase-II and 6550 km road improvement under Prime Minister’s Village Road Scheme Phase-3.
  • Maharashtra government has decided to issue ID cards and ration cards to all transgenders in the state.
  • The Chhatrapati Sambhaji Maharaj bravery award is also proposed from 2022.
  • The budget has made provision for works of Shirdi, Ratnagiri, Amravati and Kolhapur Airport, and a new airport at Gadchiroli under consideration.
  • Pawar has introduced a first-ever amnesty scheme 2022 for the Goods & Sales Tax Department which will be applicable from April 1-September 30, 2022.

Click Here for Official Link

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About Maharashtra:

Governor– Bhagat Singh Koshyari
UNESCO Heritage Sites – Ellora Caves, Chhatrapati Shivaji Terminus (formerly Victoria Terminus) , Victorian Gothic and Art Deco Ensembles of Mumbai
Bird Sanctuary – Karnala Bird Sanctuary, Great Indian Bustard Sanctuary, Mayani Bird Sanctuary