3 minutes of readingBombayFebruary 1, 2026 06:26 pm IST
Maharashtra Chief Minister Devendra Fadnavis on Sunday said that Union Budget “It marks a strong and decisive step towards a Viksit Bharat,” and said the state will benefit from increased central fund allocation.
“Through planned urbanization, encouragement of industry and entrepreneurship, and robust measures for investment and job creation, this budget lays a solid foundation for sustainable growth, Fadnavis wrote in a post on X.
Fadnavis said that as per the tax rebate formula, the Maharashtra component increases to 6.44 per cent or Rs 98,306 crore. These are statistics at first glance, like finer details of the Union Budget Some problems still need to be resolved, he added.
“The opposition often dismisses the Union budget, questioning what Maharashtra has gained. At first glance, I have noticed that compared to last year, the state’s financial component will surely increase to Rs 20,000 crore.”
He added that through integrated development across industries, agriculture and technology, the Budget promises new job creation and employment opportunities.
“He Bombay–Pune and Pune–Hyderabad High-speed corridors are expected to significantly improve GDP growth. Each Growth Center will receive Rs 5,000 crore over a period of 5 years, benefiting the Mumbai Metropolitan Region (MMR), Pune Metropolitan Region and Nagpur Metropolitan Growth Centre.”
The proposed women hostels in each district for higher education girls and trauma centers in each district hospital are good social sector initiatives that will help the people.
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“The budget is women-centric. From Lakhpati Didi to shopping malls, it is a step forward in economically empowering women entrepreneurs and making them self-reliant,” Fadnavis said.
He said the Mumbai-Pune and Pune-Hyderabad high-speed corridors are expected to significantly improve GDP growth. “Each growth center will receive Rs 5,000 crore over a period of 5 years, benefiting the Mumbai Metropolitan Region (MMR), Pune Metropolitan Region and Nagpur Metropolitan Growth Centre.”
Some of the key areas and allocations in the Union Budget for the state include Rural Roads (Rs 378 million), Economic Cluster (Rs 283 million), Maharashtra Tertiary Care Medical Education Schemes (Rs 385 million), Irrigation Works (Rs 207 million), Development and Applied Knowledge and Skills for Human Development Rs 313 million), District Institutional Planning (Rs 240 million), Mumbai-Ahmedabad High Speed Corridor (Rs 6,103 crore), Mumbai Metro (Rs 1,702 crore), Pune Metro (Rs 517 crore), Mumbai Urban Transport Project (MUTP) Phase III, Mumbai (Rs 462 crore), MMR Region Green Mobility (Rs 155 crore) and Mahamarg (Rs 680 crore).