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Maharashtra Budget 2026 Live Updates: Fadnavis becomes state’s first CM to present Budget, says Majhi Ladki Bahin Yojana to continue

Maharashtra Budget 2026 Date, Key Announcements Live Updates: This Budget would be a tightrope walk as the BJP-led Mahayuti government aims to retain poll promises amidst severe financial constraints and pressure to inculcate fiscal discipline.

devendra fadnavis budgetMaharashtra CM Devendra Fadnavis is set to present the state Budget 2026-27 at 2 pm on Friday in state Assembly. (Express Photo by Devendra Fadnavis)

Maharashtra Budget 2026 Live Updates: Maharashtra Chief Minister Devendra Fadnavis presented the state Budget on Friday, March 6, becoming the state’s first Chief Minister to do so. Fadnavis announced that the Mukhyamantri Majhi Ladki Bahin Yojana will continue. However, there is no announcement on increasing monthly payout to Rs 2100. The scheme is available to all women aged 21-65 years from families earning less than Rs 2.5 lakh annually.

Earlier, the government announced that the state’s financial decisions are being taken to achieve the ambitious one-trillion-dollar economy target. Coming after the recently-concluded civic body polls, including the BMC elections, this Budget would be a tightrope walk as the BJP-led Mahayuti government aims to retain poll promises amidst severe financial constraints and pressure to inculcate fiscal discipline.

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The Fadnavis-led Mahayuti government in the state has a lot on its plate: from curtailing the rising debt that has crossed Rs 9 lakh crore to ensuring a growth rate above 10 per cent Gross State Domestic Product (GSDP) to achieve the ambitious goal of a USD trillion-dollar economy by 2030.

This is also the first Maharashtra Budget after the death of Ajit Pawar, who held the Finance portfolio.

Live Updates
Mar 6, 2026 08:23 PM IST
Maharashtra Budget 2026 Live: Socio-economic survey of single women to be launched to formulate welfare policy

The Maharashtra government will launch a survey of single women to assess their socio-economic conditions and frame a dedicated welfare policy based on the findings, Chief Minister Devendra Fadnavis announced while presenting the state Budget for 2026-27 in the assembly on Friday.

Fadnavis said the survey will be conducted across all districts to gather data on various aspects concerning single women, including their livelihood, social security and access to government schemes.

Based on the analysis of the data collected through the survey, the government will formulate a suitable policy aimed at addressing the specific challenges faced by single women and ensuring their welfare and empowerment, he added.

The move forms part of the government's broader focus on women-centric initiatives and inclusive development in the state, the CM said. — PTI

Mar 6, 2026 07:31 PM IST
Maharashtra Budget 2026 Live: Police to get body-worn cameras for transparency, accountability

In a move to modernise policing, Maharashtra Chief Minister Devendra Fadnavis on Friday said police personnel will be equipped with body-worn cameras over the next three years to enhance transparency and accountability.

Fadnavis unveiled a technological overhaul in the state budget 2026-27, announcing measures to strengthen digital governance, cybersecurity, policing, and disaster management, while also proposing legal reforms to reduce property disputes and improve land transaction transparency.

Body-worn cameras will be provided to police personnel in a phased manner over three years for smart policing and justice delivery under the Viksit Maharashtra 2047 initiative, he said. — PTI

Mar 6, 2026 05:57 PM IST
Maharashtra Budget 2026 Live: Maharashtra govt to set up 25 centres of excellence to boost Olympic participation: CM

Maharashtra Chief Minister Devendra Fadnavis on Friday announced the establishment of 25 centres of excellence and 96 sports development hubs to ensure maximum participation of athletes from the state in the 2036 Olympic Games.

Presenting the 2026-27 Budget in the state assembly, Fadnavis confirmed that eight high-performance centres for 12 disciplines, including athletics, badminton, and wrestling, are already operational, and four more are proposed to be started.

The chief minister said that India is striving to host the 2036 Olympic Games, and the state has a mission to ensure that the maximum number of athletes from the state participate in the prestigious meet. — PTI

Mar 6, 2026 05:42 PM IST
Maharashtra Budget 2026 Live: CM Fadnavis announces naturopathy centre in Shinde's native village in Satara

Maharashtra Chief Minister Devendra Fadnavis on Friday announced the setting up of a naturopathy centre in Dare, the native village of Deputy CM Eknath Shinde, in Satara district.

The centre will focus on stress and life style related diseases, mental health as well as preventive care.

Tabling the state's Budget for 2026-27 in the assembly, the CM also said a centre of excellence in wellness based on Vedic knowledge and traditional music will be established in the Mumbai metropolitan region, while a modern leather art design and production centre will come up in Bandra. — PTI

Mar 6, 2026 04:51 PM IST
Maharashtra Budget 2026 Live: Govt will fulfill all promises, says Dy CM Eknath Shinde

Deputy CM Eknath Shinde said the government will fulfil all the promises made by the Mahayuti, while Deputy CM Sunetra Pawar said the Budget is inclusive and maintains regional balance. — PTI

Mar 6, 2026 04:32 PM IST
Maharashtra Budget 2026 Live: 'Not a single word for minorities': Abu Azmi

Reacting to the Maharashtra Budget, SP leader Abu Azmi says, “Not a single word was uttered for minorities; all the things said must be implemented.”

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Mar 6, 2026 04:09 PM IST
Maharashtra Budget 2026 Live: CM announces geo-tech application centre, steps to boost digital ecosystem

The Maharashtra government will set up a geo-technology application centre to support national-level initiatives and strengthen economic development through advanced technology, Chief Minister Devendra Fadnavis said on Friday.

Presenting the state Budget for 2026-27 in the assembly, the CM said the proposed Maharashtra Geotechnology Application Centre will help efficiently plan and implement national-level initiatives and support the state's economic development.

The government aims to digitise all citizen and business services to ensure effective governance and create advanced technological infrastructure in the state, he said.

"The state government plans to computerise 100 per cent of land transactions, adopt a fully electronic office system and move towards paperless government functioning," he said. — PTI

Mar 6, 2026 03:37 PM IST
Maharashtra Budget 2026 Live: CM announces Rs 5,100 crore for rail lines between Pune & Lonavala

CM Fadnavis announces Rs 5,100 crore for third and fourth rail lines between Pune and Lonavala.

Mar 6, 2026 03:24 PM IST
Maharashtra Budget 2026 Live: CM announces underground tunnel for Pune

CM Devendra Fadnavis announces underground tunnel for Pune to reduce travel time and improve road connectivity. A 54 km long tunnel between Yerawada to Katraj and HInjewadi to Sinhagad road is being planned, the CM said.

Mar 6, 2026 03:06 PM IST
Maharashtra Budget 2026 Live: CM on the four pillars of Vikasit Maharashtra-2047

Chief Minister Devendra Fadnavis said that the four pillars of the vision document for Vikasit Maharashtra-2047 are Forward Looking, Eternal, Inclusive and Good Governance.

Mar 6, 2026 02:57 PM IST
Maharashtra Budget 2026 Live: Majhi Ladki Bahin scheme to continue, says CM

CM Devendra Fadnavis announces that the Majhi Ladki Bahin scheme will continue. However, there is no announcement on increasing monthly payout to Rs 2,100 from existing Rs 1,500.

Mar 6, 2026 02:50 PM IST
Maharashtra Budget 2026 Live: Fadnavis announces Punyashlok Ahilyadevi Farm Loan waiver

Chief Minister Devendra Fadnavis announces Punyashlok Ahilyadevi Farm Loan waiver in budget 2026-27. Farmers with loans pending up to Rs 2 lakh till September 30, 2025, will get benefits of the scheme. Farmers who regularly repay loans will get benefits worth Rs 50,000 as encouragement bonus.

Mar 6, 2026 02:43 PM IST
Maharashtra Budget 2026 Live: Villages with population over 1,000 to get connected by concrete roads, says CM

All villages in Maharashtra with a population of more than 1,000 will be connected by concrete roads: CM Devendra Fadnavis

Mar 6, 2026 02:39 PM IST
Maharashtra Budget 2026 Live: Tree cover up, forests shrinking, pollution rising in rivers in Maharashtra: Economic Survey

Maharashtra's ecological outlook reflects a mixed picture, with gains in tree cover and wildlife conservation, contrasting with signs of degradation in core forest ecosystems and worsening pollution in major rivers, according to the Maharashtra Economic Survey 2025-26.

The Survey was tabled in the state legislature on Thursday.

It indicates that while targeted conservation programmes and social forestry initiatives have improved certain environmental indicators, forest degradation, rapid urbanisation and inadequate sewage treatment continue to strain the state's ecological systems.

As per the survey, Maharashtra's total forest cover stands at 50,859 sq km, accounting for 16.5 per cent of its geographical area of 3,07,713 sq km. This remains significantly below the 33 per cent benchmark set under the National Forest Policy. — PTI

Mar 6, 2026 02:26 PM IST
Maharashtra Budget 2026 Live: CM dedicates Budget to Ajit Pawar

Maharashtra CM Devendra Fadnavis dedicates budget to late NCP leader and former Maharashtra Deputy CM Ajit Pawar. He also announced that a memorial will be set up for Ajit Pawar, who died in air crash in January.

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Mar 6, 2026 02:24 PM IST
Maharashtra Budget 2026 Live: State to become $5 trillion economy by 2047, says CM

Maharashtra is the country’s financial engine, it will become a USD 5 trillion economy by 2047: CM Devendra Fadnavis in state assembly

Mar 6, 2026 02:22 PM IST
Maharashtra Budget 2026 Live: CM announces pilot project in 75 villages using AI

The Maharashtra government will implement a pilot project in 75 villages by using AI to upgrade the lives of people: CM Devendra Fadnavis.

PTI

Mar 6, 2026 02:20 PM IST
Maharashtra Budget 2026 Live: WATCH — CM Fadnavis presents Budget

Devendra Fadnavis has become the first Chief Minister of the state to present the Budget.

Watch a short clip below

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Mar 6, 2026 01:38 PM IST
Maharashtra Budget 2026 Live: Maharashtra Economic Survey projects 7.9% growth; agriculture expected to dip, industry and services show improvement

Maharashtra’s economy is expected to grow at 7.9 per cent in 2025-26, according to the Government’s pre-budget Economic Survey 2025-26 tabled in the Assembly on Thursday. In the 2024-25 Economic Survey, the state’s economy was expected to grow by 7.3 per cent.

Read the full report here

Mar 6, 2026 12:24 PM IST
Maharashtra Budget 2026 Live: With AI-driven agriculture a reality, farmer leaders wonder whether it can tackle farmer suicides

With 55% per cent of state’s population dependent on rural economy, agriculture sector remains a real challenge for Chief Minister Devendra Fadnavis as he presents Maharashtra Budget 2026-27 on Friday.

In the state Assembly last week, Fadnavis said, “If Maharashtra faces no drought in next few years, it will achieve the one-trillion dollar economy goal by 2029-30. If the state faces drought, the timeline will be impacted, delaying it to 2032.”

In a state where agriculture is rain-fed, the past four years have seen extremely good monsoon. Despite that, there is no respite from farmer suicides in Marathwada and Vidarbha region which are worst hit by agriculture crisis. Despite farm compensation package of Rs 32,000 crore to affected farmers, financial problems in agriculture sector remains.

Here's the full story.

Mar 6, 2026 12:01 PM IST
Maharashtra Budget 2026 Live Updates: Will Maharashtra's Ladki Bahin Yojana face a Budget cut?

Devendra Fadnavis-led Mahayuti government in Maharashtra may likely cut the budget allocation for the Mukhyamantri Majhi Ladki Bahin Yojana by up to 20 per cent in 2026-27 compared with the current financial year.

This move follows a sharp fall in the number of beneficiaries after a state-wide verification exercise. As per government sources, the number of beneficiaries has dropped from around 2.43 crore, at its peak, to approximately 1.8 crore after Aadhaar-linked e-KYC checks and cross-verification with Income Tax and other databases.

Further, the promised hike in payout to Rs 2,100 a month from Rs 1,500 now may have to wait.

Read the full story here.

Mar 6, 2026 12:00 PM IST
Maharashtra Budget 2026 Live Updates: 3 populist schemes account for Rs 60,000 cr of Maharashtra Budget

Three populist schemes in Maharashtra account for a sizable allocation of up to Rs 60,000 crore.

“Schemes like the Ladki Bahin Yojana, free electricity for more than 40 lakh farmers using agricultural pumps up to 7.5 HP, and the Namo Shetkari Yojana for farmers will continue in the budget,” a highly placed source in the government had revealed.

Under the Ladki Bahin Yojana, eligible women aged 18 to 65 years are entitled to a monthly allowance of Rs 1,500. And under the Namo Shetkari Sanman Yojana, the state provides farmers with Rs 6,000 annually.

This is in addition to the Centre’s Kisan Sanman Yojana, which offers a matching grant of Rs 6,000 annually. In addition, free power for farmers using agricultural pumps up to 7.5 HP has been promised for five years, from 2024 to 2029.

Mar 6, 2026 11:53 AM IST
Maharashtra Budget 2026 Live Updates: CM Devendra Fadnavis set to present first Budget after civic polls

Maharashtra Chief Minister Devendra Fadnavis will present the state Budget on Friday, March 6.

Earlier, the government announced that the state’s financial decisions are being taken to achieve the ambitious one-trillion-dollar economy target.

Coming after the recently-concluded civic body polls, including the BMC elections, this Budget would be a tightrope walk as the BJP-led Mahayuti government aims to retain poll promises amidst severe financial constraints and pressure to inculcate fiscal discipline.

Mar 6, 2026 11:18 AM IST
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