Maha Budget does not put burden on common man: CM

Maharashtra Chief Minister Prithviraj Chavan today said the state government had presented a surplus budget despite the slowdown in the growth rate and the financial packages for farmers, without increasing tax burden significantly.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
Real-time Stock quotes, portfolio, LIVE TV and more.
GeStepAhead SME Special
moneycontrol.com

Home » News » Economy

Mar 26, 2012, 08.45 PM | Source: PTI

Maha Budget does not put burden on common man: CM

Maharashtra Chief Minister Prithviraj Chavan today said the state government had presented a surplus budget despite the slowdown in the growth rate and the financial packages for farmers, without increasing tax burden significantly.

Like this story, share it with millions of investors on M3

Maha Budget does not put burden on common man: CM

Maharashtra Chief Minister Prithviraj Chavan today said the state government had presented a surplus budget despite the slowdown in the growth rate and the financial packages for farmers, without increasing tax burden significantly.

Post Your Comments

Share Cancel

Maha Budget does not put burden on common man: CM
Maharashtra Chief Minister Prithviraj Chavan today said the state government had presented a surplus budget despite the slowdown in the growth rate and the financial packages for farmers, without increasing tax burden significantly.

Addressing a press conference after Deputy Chief Minister and Finance Minister Ajit Pawar presented his second budget in the Legislative Assembly, Chavan said the budget focuses on agricultural development, infrastructure improvement and power generation.

He said the annual plan was fixed at Rs 45,000 crore and the state's growth rate in 2011-12 was expected to 8.5%. Chavan expressed satisfaction that "the budget did not put a heavy tax burden on the common man".

Ajit Pawar, who was also present at the press conference, said he had tried to usher in fiscal discipline. Through the new tax proposals, he said, he expected to get Rs 600 crore. "This year sales tax collection had achieved growth of 20%. We plan to fix leakages and ensure increase in revenue collection," he added. Pawar also said the infrastructure needs of Mumbai were also kept in mind, with provisions made for expediting water transport project and upgradation of health and medical education infrastructure.

NCP (to which Ajit Pawar belongs) said the budget was progressive and growth oriented. Adequate provisions have been made for power generation, roads, tourism, senior citizens, police, agriculture, MMRDA, upgradation of district courts, grain storage, it said.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Maha Budget does not put burden on common man: CM

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login