Maharashtra Budget 2026 Highlights: Ladki Bahin Yojana to continue, says CM Fadnavis

All villages in Maharashtra with a population of more than 1,000 will be connected by concrete roads. Maharashtra is the country's financial engine, and will become USD 5 trillion economy by 2047, said CM Fadnavis.

Mukhyamantri Majhi Ladki Bahin Yojana for women to continue, will be provided adequate funds ,says CM Devendra Fadnavis in state Assembly.

Maharashtra CM Devendra Fadnavis announces crop loan waiver up to Rs 2 lakh for farmers in state with arrears up to September 2025.

Large iron ore-based industries will be established in Gadchiroli district, with a proposed investment of approximately Rs 2.62 lakh crore.

The goal is to increase the state's industrial sector's gross production, with large industrial clusters established in every district. The Industry, Investment and Services Policy 2025 has been announced, aiming to raise the share of industries in the state's income to 30% by 2047. A digital platform called Invest Maharashtra is being developed, and MSME centres will be set up in every district. This policy is expected to generate approximately 5 million jobs. Additionally, a separate commissionerate will be established for micro and small industries, as well as for the service sector.

Maharashtra received the Gold Award in the One District One Product Award 2025. Ratnagiri, Nagpur, Amravati, Akola, and Nashik districts also received the National Award. Additionally, Maharashtra ranked first in the country in the NITI Aayog's Export Preparedness Index 2024.

The new Maharashtra Bamboo Industry Policy 2025 has been announced. It aims to attract investments worth over Rs 50,000 crore in the sector and is expected to create 5,00,000 direct and indirect jobs. The policy also plans to increase the use of bamboo biomass and develop the value chain.

The Chief Minister Baliraja Farm Road Scheme will be launched to strengthen roads leading to farmers’ fields. Under the Pradhan Mantri Gram Sadak Yojana, the construction of 26,758 km of roads and 782 bridges is almost complete. Meanwhile, construction of 6,331 km of roads is underway in the third phase. In the fourth phase, the goal is to connect villages and settlements with all-weather roads.

While announcing that rooftop solar will be installed on the houses built under PM Awas Yojana, Chief Minister Fadnavis said that 3.57 lakh houses will be completed under the scheme.

Loans will be provided to micro and small industries. CM Fadnavis said that the Invest Maharashtra Digital platform is being created. Also, a Commissioner's Office will be established to promote micro and small industries.

Maharashtra Govt to implement pilot project in 75 villages by using AI to upgrade the lives of people: CM Devendra Fadnavis

Chief Minister Devendra Fadnavis on Friday said that Maharashtra is the country’s financial engine and aims to achieve the USD 5 trillion target by 2047.

A memorial will be set up for Deputy Chief Minister Ajit Pawar, who died in an air crash in January, said Fadnavis. He dedicated the budget to the late NCP leader.

Maharashtra CM Devendra Fadnavis has become the state's first chief minister to present the Budget.

Maharashtra Chief Minister Devendra Fadnavis, who is holding the additional charge of the Finance Ministry, presented the Budget 2026-27 in the Assembly.

Despite these challenges, Maharashtra continues to attract a large share of foreign investments, receiving Rs 6,97,304 crore in FDI between October 2019 and March 2025, accounting for about 31 per cent of the country's total inflows, the survey said.

The survey also pointed to structural imbalances in the micro, small and medium enterprises (MSME) ecosystem.

"Of the 63.85 lakh MSMEs registered on the Udyam portal in the state up to December 2025, as many as 62.11 lakh are micro enterprises, while small enterprises account for 1.55 lakh and medium enterprises just 0.18 lakh," it said.

"The services sector is projected to grow by 9.0 per cent in 2025-26, driven mainly by financial, real estate and professional services. In contrast, agriculture and allied activities are expected to witness a sharp slowdown, with growth projected to decline to 3.4 per cent in 2025-26 from 9.1 per cent in the previous year," the Economic Survey said.

The Maharashtra Economic Survey 2025-26  said the state has maintained its position as the largest contributor to the national economy, accounting for about 14 per cent of India's nominal GDP in 2024-25.

According to the Economic Survey, Maharashtra's real Gross State Domestic Product (GSDP) is projected to grow at 7.9 per cent in 2025-26, slightly higher than the projected national GDP growth of 7.4 per cent.

Maharashtra's economy is expected to grow at 7.9 per cent in 2025-26, while the per capita income is projected to reach Rs 3.47 lakh, as per the Economic Survey tabled in the state legislature on Thursday ahead of the Budget.