Ajit Pawar Defends ₹57,509 Cr Supplementary Demands, Assures No Breach Of Fiscal Discipline
Ajit Pawar, Supplementary Demands, Fiscal Discipline, Maharashtra Budget, Government Spending, Finance Ministry
Mumbai, July 10, 2025: Maharashtra Deputy Chief Minister Ajit Pawar on Wednesday defended the state government’s decision to table supplementary demands worth ₹57,509 crore, asserting that there is no breach of fiscal discipline and the state’s economic position remains strong.
Replying to a debate in the legislative assembly, Pawar emphasised that the additional allocations will primarily support Centrally-sponsored development schemes, key infrastructure projects, and statutory grants aimed at enhancing the state’s productive capacity.
“The state’s financial management is sound. Maharashtra’s economic indicators are robust, and we remain committed to responsible governance while leveraging new revenue streams and optimising resource utilisation,” he said.
Pawar clarified that though ₹57,509 crore was tabled during the monsoon session, the actual net financial burden stands at ₹40,645 crore after accounting for receipts. Of this, ₹19,184 crore will fund committed expenditure, ₹34,661 crore will go towards various schemes, and ₹3,665 crore will support Central programmes.
Key allocations include ₹11,043 crore per the 15th Finance Commission’s recommendations, ₹3,228 crore for stamp duty surcharge refunds, ₹2,241 crore for equity in metro and transit projects, and ₹2,150 crore under the Centre’s 50-year interest-free capital assistance.
Highlighting fiscal prudence, Pawar noted that Maharashtra’s outstanding debt for 2025-26 is projected at 18.87% of Gross State Domestic Product (GSDP), well below the Finance Commission’s 25% cap. The fiscal deficit stands at 2.76% of GSDP, within the 3% ceiling.
“Maharashtra remains among the top three states with debt below 20% of GSDP. We are prioritising capital investment, fiscal transparency, and sustainable growth,” Pawar added.
