Chief Minister Devendra Fadnavis along with other leaders arrived at Vidhan Bhavan Friday to present the Maharashtra Budget 2026. Pics/Sameer Abedi
Updated On: 2026-03-06 02:09 PM IST
Compiled by : Asif Ali Sayed
The budget is expected to outline the government’s priorities for development, welfare schemes and fiscal management
Earlier on Thursday, the Maharashtra Economic Survey 2025-26 flagged the significant gap between proposed investments and actual project implementation even as the state economy continues to show robust growth
Intended investments recorded under Industrial Entrepreneur Memorandum (IEM) Part A during 2024 (up to August) stood at Rs 1,16,217 crore, while the value of projects that actually commenced business (IEM Part B) was only Rs 27,357 crore, the survey pointed out
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
In absolute terms, the nominal GSDP is estimated to reach Rs 51,00,597 crore, while real GSDP at 2011-12 constant prices is projected at Rs 28,82,699 crore, it said
The survey 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