Business Standard

Maha budget will boost rural infrastructure: Fadnavis

Image

Press Trust of India Mumbai
Describing the maiden budget of the new BJP-led government in Maharashtra as "daring", Chief Minister Devendra Fadnavis said it will boost rural infrastructure in the state.

"Finance Minister Sudhir Mungantiwar has provided enough funds for rural infrastructure, specially roads," the CM told reporters at Vidhan Bhawan here.

"This is a daring budget," he said.

"We have significantly increased allocation for essential schemes, compared to what was done during the earlier (Congress-NCP) regime," Fadnavis said.

"We were handed an economy in crisis. This budget has taken a quantum jump in capital expenditure. We will try to take the expenditure to Rs 40000 crore. This will help boost the state economy and turn it around," he added.

Fifty per cent of the state populace is under 25 years age and the skill development scheme will provide relief to a big section of society, he said.

The budget will provide relief to the common man. We not only made a poll promise but have given a date - August 1 - to scrap local body tax (LBT), he said.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 18 2015 | 6:22 PM IST

Explore News