Maharashtra CM Devendra Fadnavis will present the 2026-27 state budget on March 6, with the budget session beginning February 23. The government is expected to focus on fiscal discipline, debt management and sustaining capital expenditure amid revenue pressures
CM Devendra Fadnavis. Pic/Ashish Raje
Maharashtra CM Devendra Fadnavis will present the state budget for 2026-27 on March 6, with the budget session scheduled to begin on February 23.
mid-day was the first to report that Fadnavis was likely to present the budget this year after taking charge of the finance portfolio following the death of former DCM Ajit Pawar in a plane accident on January 28.
In Pawar’s absence, Fadnavis is now expected to steer the budget process at a crucial juncture. The upcoming budget comes amid pressure on revenue receipts and the rollout of several major infrastructure projects, making fiscal balancing a key challenge for the government. The decision was finalised on Tuesday at a meeting of the state legislature’s Business Advisory Committee.
The meeting was attended by Assembly Speaker Rahul Narwekar, Legislative Council Chairman Ram Shinde, Chief Minister Fadnavis, Deputy Chief Minister Eknath Shinde, Deputy Chief Minister Sunetra Pawar, and senior officials of the state legislature.
Officials said the session is likely to focus on maintaining fiscal discipline while sustaining capital expenditure, with close attention on debt levels and resource mobilisation. The budget session will conclude on March 25.
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