Shinde govt's 1st budget offers relief in professional tax, aid for farmers
The Eknath Shinde-led Maharashtra government on Thursday presented its maiden Budget for 2023-24 in which it proposed Rs 6,000 assistance to farmers and Re 1 crop insurance scheme while also offering relief in professional tax to working women, 50 per cent discount on ticket fares to women in state-run buses and a new scheme for the girl child.
Deputy Chief Minister Devendra Fadnavis, who is also the state Finance Minister, presented a revenue deficit budget of Rs 16,222 crore in the Legislative Assembly with a total outlay of Rs 1,72,000 crore.
Announcing a crop insurance scheme for farmers at Re 1, the deputy CM said the government will bear the financial burden of Rs 3,312 crore.
"Under the earlier crop insurance scheme, the farmers had to pay two per cent of the crop insurance premium. Now, the farmers will not need to pay anything as the government will pay the premium amount," he said. Apart from this, the budget also proposed the 'Namo Shetkari Mahasanman Scheme', under whi