Maharashtra budget 2023 Eknath Shinde fadnavis announces Rs 6000 for farmers tax reliefs for women latest news


Image source: PTI Maharashtra Chief Minister Eknath Shinde with Deputy CM and State Finance Minister Devendra Fadnavis and State Minister Deepak Kesarkar pose for photos with 2023-24 state budget during Maharashtra Assembly budget session

Maharashtra: The Eknath Shinde-led government in Maharashtra presented its first budget for 2023-24 on Thursday. Deputy Chief and Finance Minister Devendra Fadnavis submitted the budget. The government has proposed support for farmers and tax reductions for women, among other things. Prime Minister Eknath Shinde called the budget “historic and inclusive”.

  1. The Maharashtra government has proposed Rs 6,000 aid to farmers and Re 1 crop insurance. It also proposed an occupational tax exemption for working women, a 50 percent discount on tickets on state-run buses and a new scheme for the girl child.
  2. Fadnavis presented a revenue shortfall budget of Rs 16,222 crore in the Legislative Assembly with a total expenditure of Rs 1,72,000 crore.
  3. Govt proposed ‘Namo Shetkari Mahasanman Nidhi’ scheme where each farmer in the state will be given Rs 6,000 on top of Rs 6,000 given by Centre.
  4. “Under the ‘Namo Shetkari Mahasanman Nidhi’, an amount of Rs 12,000 will be deposited into farmers’ accounts every year, including Rs 6,000 from the Centre.
  5. An additional expenditure of Rs 6,900 will be made in 2023-24. As many as 1.15 crore farming families will benefit,” said Fadnavis. The government also announced Re 1 crop insurance scheme for farmers.
  6. “Farmers can register on Pradhan Mantri crop insurance portal by paying a fee of Re 1. The insurance premium will be paid by the government and not farmers. The annual expense of Rs 3,312 crore will be done by the state government for this scheme ,’ Fadnavis said.
  7. “A new program – ‘Lek Ladki’ – will be launched for the empowerment of girls. For families with yellow and orange ration card holders, a grant of Rs 5,000 is given after the birth of a girl, followed by Rs 4,000 in (when she is in) Class 1, Rs 6,000 in Class 6 and Rs 8,000 in Class 11. After completing 18 years, a cash amount of Rs 75,000 will be given to the beneficiary girl,” he said.
  8. Fadnavis announced an occupation tax exemption for women with monthly salary up to Rs 25,000.
  9. The finance minister also announced a new scheme, ‘Shakti Sadan’, to provide shelter for women in need who have experienced sexual exploitation or domestic violence. It will be launched with the help of the central government by combining the Swadhar and Ujjwala schemes.
  10. ‘Divyang’ (specially handicapped) people are also exempt from occupational tax. The definition of ‘divyang’ will be revised by amending the 2016 Disability Rights Act,” he said.

(With input from PTI)

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