Maharashtra Under Financial Strain: State Debt Raises Concerns

Opposition leader Ambadas Danve criticized the Mahayuti government's financial management, revealing a debt burden of Rs 82,000 per citizen as of Budget 2025-26. With capital expenditure cuts and a strained revenue collection, concerns were raised about the state's future growth and public welfare priorities.

Opposition Leader Ambadas Danve has criticized the Mahayuti government's handling of Maharashtra's finances, emphasizing the state's hefty debt burden of Rs 82,000 per citizen.

He pointed out a capitalization cut in the Budget 2025-26, with a shift from long-term projects to immediate expenditures.

Danve also noted the declining industrial and service sectors and the impact of reduced GST rebates, raising concerns about future growth.