Maharashtra Budget: Booster for backward regions, says Fadnavis

Chief Minister Devendra Fadnavis said Friday, “The budget has given greater impetus to tackle the agrarian crisis in wake of recurring drought for the fourth consecutive year.”

Written by Shubhangi Khapre | Mumbai | Published: March 19, 2016 4:50:27 am
Maharashtra budget, Maharashtra, budget, Maharashtra budget, budget, agrarian crisis, Devendra Fadnavis, Narendra ModiArun jaitley, india news, agriculture Maharashtra Chief Minister Devendra Fadnavis

The budget 2016-17 made special provisions in core sectors of irrigation and power to boost industrialisation in backward regions of Vidarbha and Marathwada.

Chief Minister Devendra Fadnavis said Friday, “The budget has given greater impetus to tackle the agrarian crisis in wake of recurring drought for the fourth consecutive year.”

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Lauding the efforts of Finance Minister Sudhir Mungantiwar, the CM said, “The major policy shift which was never taken into consideration in the past relates to tackling the root problems in backward region of Vidarbha and Marathwada. The budget has adequately addressed the problems for which Rs 1,000 crore has been allocated in the power sector.”

Vidarbha, the mineral-rich belt of Maharashtra, has been lagging in industrialistion. Similarly, Marathwada encompassing eight districts have been facing water crisis due to poor irrigation infrastructure.

Fadnavis said, “The allocation of Rs 25,000 crore for agriculture is a big leap forward. It would help to mitigate several problems related to agro-sector and irrigation.”

However, the budget allocation of Rs 7,850 crore for water resources ministry enabling it to complete 28 projects may not help in providing the quantum jump in enhancing irrigation potential.

Fadnavis said, “Apart from the budgetary provisions for irrigation projects, Rs 1,000 crore for flagship Jalyukta Shivar Abhiyan will help in rolling out several thousand water conservation works in 5,500 villages reeling under drought.”

Last year, the state government allocated Rs 7,272 crore for water resources for completion of 38 irrigation projects.

Water Resources Minister Girish Mahajan had submitted the proposal for Rs 15,000 crore.

Mungantiwar said, “The government is planning to float tax free bonds for irrigation to raise more resources to complete the pending projects region wise.”

However, the government expects to create additional water storage of 77 million cubic metre and bringing 1,68 lakh hectares of land under irrigation through Rs 7,850 crore allocation for year 2016-17.

For seven irrigation projects in Wardha, Lower Panjara and Nandur Madhveshwar under Pradhanmantri Krushi Sinchair Yojana, the government sanctioned an outlay of Rs 2,078 crore, which is much higher compared to Rs 938 crore last year (2015-16).

It hopes completion of these projects would lead to irrigation potential of one lakh hectares. Micro planning and generated additional irrigation capacity by specifying survey number under command area is stipulated for ensuing projected outcome.

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