Maharashtra Budget 2024-25: Opposition Leaders Slam Government's Populist Measures

Maharashtra Budget: Opposition leaders, including Uddhav Thackeray and Nana Patole, criticize government's announcements as hollow promises ahead of assembly elections.

Maharashtra BudgetUddhav ThackerayNana PatoleOpposition LeadersAssembly ElectionsReal Estate MaharashtraJun 28, 2024

Maharashtra Budget 2024-25: Opposition Leaders Slam Government's Populist Measures
Real Estate Maharashtra:Ahead of the assembly elections in Maharashtra, the state government presented its budget for 2024-25, which included a slew of populist measures aimed at wooing women, unemployed youths, farmers, and households. However, the Opposition leaders have termed these announcements as hollow promises, accusing the government of misleading people.

The Mahayuti alliance, comprising the Bharatiya Janata Party, Shiv Sena led by Eknath Shinde, and the Nationalist Congress Party (Ajit Pawar), presented the budget, which included a monthly allowance of ₹1,500, three free cooking gas cylinders, and a slashed value-added tax (VAT) on fuel in the Mumbai metropolitan region.

Reacting to the budget, Shiv Sena (UBT) chief Uddhav Thackeray said that the budget is only for the upcoming elections and is 'all jumla'. He criticized the government for not having any schemes for the growth of the state or employment, despite many youths being unemployed. However, Thackeray welcomed the decisions taken for farmers in the budget.

Maharashtra Congress chief Nana Patole also criticized the budget, calling it 'bogus' and full of hollow announcements that mislead the people of the state. He expressed doubts about the assurances made by the government, including the scheme to waive farmers' electricity bills, which he termed as a farce.

Leader of the Opposition in the Legislative Council, Ambadas Danve, termed the budget as 'political hypnotism', expressing doubts about the implementation of the schemes announced. He criticized the government for not considering regions of Marathwada and Vidarbha as part of Maharashtra.

Mahesh Tapase, chief spokesperson of the Nationalist Congress Party (Sharad Pawar), accused the government of financial mismanagement, highlighting that the debt burden of the state has crossed ₹7 lakh crore. He said that the populist but hollow promises would not sway the people ahead of the elections.

The Opposition leaders' reaction to the budget has set the tone for a heated political battle ahead of the assembly elections in Maharashtra.

Information
The Mahayuti alliance came into power in Maharashtra after a series of dramatic events, including the fall of the Uddhav Thackeray-led Shiv Sena government. The alliance, comprising the Bharatiya Janata Party, Shiv Sena led by Eknath Shinde, and the Nationalist Congress Party (Ajit Pawar), has been criticized for its handling of various issues, including the economy and farmers' welfare.

The Shiv Sena (UBT) is a political party led by Uddhav Thackeray, which has been a major force in Maharashtra politics for decades. The Maharashtra Congress is the state unit of the Indian National Congress, led by Nana Patole. The Nationalist Congress Party (Sharad Pawar) is a regional party led by Sharad Pawar, a veteran politician from Maharashtra.

Frequently Asked Questions

What is the Maharashtra Budget 2024-25?

The Maharashtra Budget 2024-25 is the state government's financial plan for the fiscal year 2024-25, which includes a slew of populist measures aimed at wooing women, unemployed youths, farmers, and households.

Who are the key Opposition leaders who reacted to the budget?

The key Opposition leaders who reacted to the budget are Uddhav Thackeray, Nana Patole, and Ambadas Danve.

What are the key announcements made in the budget?

The key announcements made in the budget include a monthly allowance of ₹1,500, three free cooking gas cylinders, and a slashed value-added tax (VAT) on fuel in the Mumbai metropolitan region.

Why have Opposition leaders termed the budget as 'jumla' and 'bogus'?

Opposition leaders have termed the budget as 'jumla' and 'bogus' because they believe that the announcements made are hollow promises that will not be implemented and are only meant to mislead people ahead of the assembly elections.

What is the debt burden of Maharashtra according to the Opposition leaders?

According to the Opposition leaders, the debt burden of Maharashtra has crossed ₹7 lakh crore, which is a result of financial mismanagement by the government.

Related News Articles

Mumbai Real Estate Boom: Property Registrations Surge 11% in June 2024
Real Estate Mumbai

Mumbai Real Estate Boom: Property Registrations Surge 11% in June 2024

Mumbai's property market is thriving, with registrations increasing by 11% in June 2024, driven by growing demand for larger apartments.

June 30, 2024
Read Article
Mumbai's Real Estate Market Sees a Surge in Property Registrations in October 2024
Real Estate

Mumbai's Real Estate Market Sees a Surge in Property Registrations in October 2024

Experts in the real estate sector highlight that residential properties led this growth, comprising 80% of the total registrations, with a significant increase in high-value transactions.

November 4, 2024
Read Article
Valor Estate: Demerger of Hospitality Business and Market Impact
Real Estate Maharashtra

Valor Estate: Demerger of Hospitality Business and Market Impact

Shares of Valor Estate Ltd fell by 5% during the trading session to Rs 152.10, reflecting the company's decision to demerge its hospitality business. The demerger is expected to take effect within 8-10 months.

November 18, 2024
Read Article
Bridge Investment Surges 34% as Apollo Eyes $1.5 Billion Real Estate Deal
Real Estate

Bridge Investment Surges 34% as Apollo Eyes $1.5 Billion Real Estate Deal

Despite a recent 20% dip in stock value, Bridge Investment Group is seeing a significant rebound as Apollo Global Management moves to acquire the firm's real estate business for $1.5 billion. This strategic acquisition reflects the growing confidence in t

February 24, 2025
Read Article
Pune: Unauthorized Aadhaar Card Centre in Wagholi Discovered
real estate news

Pune: Unauthorized Aadhaar Card Centre in Wagholi Discovered

An unauthorized Aadhaar card centre has been discovered in Wagholi, Pune, raising concerns about the security and legality of Aadhaar-related services in the area.

March 11, 2025
Read Article
Top Stocks to Watch: Market Experts' Picks for March
real estate news

Top Stocks to Watch: Market Experts' Picks for March

As the market fluctuates, real estate counters are showing signs of stabilization. Market experts have identified several stocks to watch closely in the coming weeks.

March 13, 2025
Read Article