Maharashtra 2021 budget: Farmers allowed to repay farm loans with 0% interest – Highlights

Maharashtra Chief Minister Uddhav Thackeray | Photo credit: IANS

Bombay: Maharashtra’s Deputy Chief Minister Ajit Pawar presented Maharashtra’s 2021-22 budget to the State Assembly on Monday and announced that farmers will be allowed to repay their agricultural loans with 0% interest. The interest amount will be borne by the government, Pawar told the Maharashtra Assembly.

Focusing on the farming community, Pawar said that Rs 200 crore will be allocated to agricultural universities every year. The government of Maharashtra has also planned to invest 2,000 crore rupees to strengthen the Agricultural Commodity Market Committee (APMC).

The government of Maha Vikas Aghadi (MVA) announced free bus rides in rural areas for female students.

Maharashtra Budget 2021-22: Highlights

  • Maharashtra MP Ajit Pawar announced that his government would build a 170-kilometer ring road around Pune at an estimated cost of Rs 26,000 crore.
  • The government of Maharashtra has increased excise duties and VAT on most types of alcohol.
  • The Eastern Highway in Mumbai is renamed in honor of former CM Vilasrao Deshmukh.
  • In order to fight pollution, the old MSRTC diesel buses would be converted to CNG and electric.
  • The waterways around Mumbai, Thane and Navi Mumbai will be developed.

“The government has decided to use the waterways around Mumbai, Thane and Navi Mumbai for water transport purposes. The water transport service from Vasai to Kalyan will be made available in the first phase,” Pawar said. .

“The work of Bandra-Versova Sea Link has already started. The length of the project is 17 km and the estimated cost is Rs 11,333 crore,” he said.

  • The MVA government plans to complete the Shivdi-Nhava Sheva (Sea Bridge) project by September 2022, Pawar said.
  • Disclosing details of the 126 km Virar-Alibaug multimodal corridor, Pawar said the land acquisition process is underway.
  • Pawar said sewage treatment plants are planned in Worli, Bandra, Dharavi, Ghatkopar, Bhandup, Versova and Malad.
  • Mithi River Rejuvenation: The Rs 450 crore project will start from March.
  • The rejuvenation projects of the Dahisar, Poisar and Oshivara rivers are about to start.

About Thomas Thorton


Check Also

Airline shares recover, American cites intention to repay loan – KLBK | KAMC

Posted: March 8, 2021 / 3:33 p.m. CST / Update: March 8, 2021 / 5:03 …

Leave a Reply

Your email address will not be published. Required fields are marked *