Chief Minister Uddhav Thackeray and some leaders of the Maha Vikas Aghadi (MVS) have come down heavily on Union finance minister Nirmala Sitharaman for presenting a budget, that they said had nothing for farmers, youth, common people, Mumbai and Maharashtra. The CM, in a statement, even said that Budget 2020 was "a piece of fiction that offered only dreams". He took a swipe at the Narendra Modi-led government for "raising funds by disinvesting government institutes when there was an urgent need of raising revenue through other means".

Thackeray further said that there was no clarity in the much-touted 16-point agriculture growth programme. "The budget lacks commitment to make us a five-trillion dollar economy within next two-three years. The disinvestment of IDBI and LIC and privatisation of railways show the poor economic state of affairs."