Maharashtra Budget 2024-25: Key Announcements and Benefits for Women and Farmers

In a significant move aimed at uplifting women and supporting the agricultural sector, Maharashtra’s Deputy Chief Minister and Finance Minister Ajit Pawar presented the state’s interim budget for 2024-25. This budget, which precedes the assembly elections expected in October, includes a series of impactful initiatives designed to provide financial assistance and improve the quality of life for residents. Here are the key highlights:

1. Financial Assistance for Women: Mukhyamantri Majhi Ladki Bahin Yojana

Starting from July, the Maharashtra government will roll out the ‘Mukhyamantri Majhi Ladki Bahin Yojana’. Under this scheme, eligible women aged 21 to 60 years will receive a monthly allowance of ₹1,500. This initiative, with an annual budgetary allocation of ₹46,000 crore, aims to empower women by providing them with a steady source of income.

2. Free Cooking Gas Cylinders: Mukhyamantri Annapurna Yojana

In a bid to alleviate the burden of household expenses, the government announced the ‘Mukhyamantri Annapurna Yojana’. This scheme guarantees that an eligible family of five will receive three free cooking gas cylinders each year. This measure is expected to significantly reduce the cost of living for many families across the state.

3. Support for Farmers: Crop Bonuses and Electricity Bill Waivers

To support the agricultural sector, the government will provide a ₹5,000 per hectare bonus to all farmers growing cotton and soybean crops. Additionally, dairy farmers will receive a ₹5 per litre bonus beyond July 1, 2024. Moreover, 44 lakh farmers will benefit from a waiver of their electricity bill dues, a move that will provide much-needed financial relief.

4. Increased Compensation for Animal Attack Victims

Recognizing the risks faced by rural residents, the government has increased the monetary compensation for deaths resulting from animal attacks. The next of kin will now receive ₹25 lakh, up from the previous ₹20 lakh, providing better financial support to affected families.

Conclusion

The Maharashtra Budget for 2024-25, presented by Deputy CM Ajit Pawar, introduces a series of well-targeted measures designed to uplift women, support farmers, and improve overall living standards. These initiatives reflect the government’s commitment to addressing the needs of its citizens and fostering a more inclusive and supportive environment.

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