Maharashtra's Financial Discipline Directive: A 2025 Vision

The Maharashtra finance ministry has instructed state departments to control spending and allocate 60% of their budget by December 2025. Departments must avoid excessive spending at the fiscal year's end, and failure to do so may result in budget reductions. Proposals require proper justification to ensure accountability.

The Maharashtra finance ministry has issued a directive to state departments, emphasizing the importance of financial discipline. All departments are required to ensure the allocation of 60% of their budget by December 2025 and avoid a spending surge in the last month of the fiscal year.

The directive outlines potential budget cuts for departments that fail to allocate at least 50% of their budget by the specified deadline. The order mandates that any new proposals should include transparent justifications, potentially impacting budgets concerning prizes, publications, and other expenses.

In light of these financial constraints, the state government, led by Chief Secretary Sujata Saunik, seeks to maintain fiscal responsibility. With a projected revenue deficit and ongoing fiscal challenges, new financial proposals must account for increased expenditure, ensuring departments uphold their financial commitments responsibly.

(With inputs from agencies.)