Maharashtra Budget 2020: Uddhav Govt reduced stamp duty in Mumbai
The Uddhav government in Maharashtra presented its first budget for this financial year on Friday. The budget was presented by Finance Minister Ajit Pawar in the Maharashtra Legislative Assembly.
Mumbai: The Uddhav government in Maharashtra presented its first budget for this financial year on Friday. The budget was presented by Finance Minister Ajit Pawar in the Maharashtra Legislative Assembly.
The Uddhav government's budget was focused on employment. Accordingly, a law employing 80 percent of the local people will be enacted in the state. At the same time, debt relaxation was also announced for the farmers.
What's in Maha Budget?
Here we are give you a brief from Maharashtra Budget 2020:
- Budget of 6025 Crore for Municipality.
-Stamp duty will reduce to 5 from 6 per cent.
- Proposal for new medical colleges.
-500 crore budget for health and first aid section.
-State Finance Minister also announced relaxtion for farmers. They announced devt relaxationfor them.
-An all women police station will be also built.
-Financial help of 10 crore will be provided to Marathi schools.
-MLA fund will be decreased from 2 crore to 3 crore.
-1200 million rupees will be spent for land acquisition on the Mumbai-Goa highway.
- 5 lakh youths will get jobs in 5 years.
-Investment of 8 thousand crores will be made for development in energy sector.
-Maharashtra Bhavan will be built in Navi Mumbai, Maharashtra.
-276 crore will be spent on the development of ports.
-6 thousand crores will be spent on education in Maharashtra.
-To facilitate transportation, 1600 new buses will be purchased, in which Wi-Fi will also be provided.
- One lakh new solar pumps will be installed every year by spending 10 thousand crores