Mumbai: Chief Minister and Finance Minister Devendra Fadnavis presented the Maharashtra Budget 2026–27 with a total outlay of ₹7.69 lakh crore, outlining a development roadmap aligned with the state’s long-term vision of “Viksit Maharashtra 2047”.
Here are 20 key announcements from the Budget:
- Total budget outlay of ₹7.69 lakh crore announced for 2026–27.
- The government reiterated its long-term development vision under the “Viksit Maharashtra 2047” roadmap.
- Farm loan waiver of up to ₹2 lakh proposed for eligible farmers.
- Additional incentives announced for farmers who regularly repay crop loans.
- Expansion of natural farming and digital agriculture initiatives across the state.
- A new industry policy aims to generate 50 lakh jobs through manufacturing and investment.
- The state plans to strengthen its position as a global services hub through AVGC policy and expansion of Global Capability Centres.
- Tourism projects include a ropeway to Vasota Fort and development of a film city in Nagpur.
- A “Mumbai 3.0” development plan has been proposed for the Mumbai Metropolitan Region.
- Large-scale slum redevelopment plans targeting about 20 lakh homes in Mumbai and MMR.
- Major transport infrastructure projects including metro expansion, tunnels, sea links and expressways.
- Expansion of renewable energy initiatives including solar power generation and free electricity schemes for farmers.
- Implementation of major river linking projects to address water shortages in drought-prone regions.
- Increased focus on flood mitigation and water management programmes.
- Women welfare initiatives including continued implementation of the Mukhyamantri Mazi Ladki Bahin Yojana.
- Expansion of the Lakhpati Didi programme through self-help groups.
- Establishment of an international “Educity” near Navi Mumbai International Airport.
- Launch of a ₹4,500 crore health screening programme under the Pragati scheme.
- Creation of a new department for Artificial Intelligence and digital governance initiatives.
- Motor vehicle tax concessions for purchase of new vehicles after scrapping old vehicles, along with higher environmental tax on older private vehicles.
The Budget outlines a broad strategy focusing on infrastructure development, industrial growth, agricultural support, welfare programmes and technology-driven governance.
Full Budget Coverage on TheNews21
Main Budget
https://thenews21.com/maharashtra-budget-2026-27-7-69-lakh-crore-outlay
Viksit Maharashtra 2047 Roadmap
https://thenews21.com/maharashtra-budget-2026-fadnavis-viksit-maharashtra-2047-plan
Farm Loan Waiver & Agriculture Package
https://thenews21.com/maharashtra-budget-2026-farm-loan-waiver-natural-farming
Industry Policy & 50 Lakh Jobs Target
https://thenews21.com/maharashtra-budget-2026-industry-policy-50-lakh-jobs-investment
AVGC Policy & Startup Push
https://thenews21.com/maharashtra-budget-2026-avgc-policy-gcc-startup-push
Tourism Projects & Vasota Ropeway
https://thenews21.com/maharashtra-budget-2026-tourism-ropeway-vasota-nagpur-film-city
Mumbai 3.0 & Slum Redevelopment Plan
https://thenews21.com/maharashtra-budget-2026-mumbai-3-slum-redevelopment-mmr
Metro Expansion & Expressway Push
https://thenews21.com/maharashtra-budget-2026-metro-sea-link-expressway-projects
Free Power & Solar Energy Push
https://thenews21.com/maharashtra-budget-2026-free-power-farmers-solar-green-energy
River Linking & Water Projects
https://thenews21.com/maharashtra-budget-2026-river-linking-water-projects-flood-plan Loan Waiver & Social Justice Schemes
https://thenews21.com/maharashtra-budget-2026-farm-loan-waiver-women-welfare-social-justice-schemes Educity & Startup Fund
https://thenews21.com/maharashtra-budget-2026-educity-startup-fund-skill-development Urban Health Commissionerate & Screening Programme
https://thenews21.com/maharashtra-budget-2026-urban-health-commissionerate-screening-program AI Department & Governance Reforms
https://thenews21.com/maharashtra-budget-2026-ai-department-land-title-bill-governance-reforms Vehicle Tax Concessions & Environmental Tax Proposal
https://thenews21.com/maharashtra-budget-2026-tax-cut-new-vehicles-green-tax-old-cars
