Overview

• On July 9, the state Legislative Assembly passed supplementary demands totaling ₹57,509.71 crore to finance mid-year development schemes and projects
• Ajit Pawar highlighted that outstanding debt at 18.87% of GSDP and a fiscal deficit at 2.76% of GSDP both fall below the FRBM thresholds
• Gross demands break down into ₹19,184 crore for committed outlays, ₹34,661 crore for state schemes and ₹3,665 crore for centrally sponsored programmes, with a net burden of ₹40,645 crore after adjusting receipts
• Key allocations include ₹11,043 crore under 15th Finance Commission recommendations, ₹3,228 crore for stamp duty refunds, ₹2,241 crore in metro project equity and ₹1,000 crore for incomplete irrigation works
• The funding push is aimed at accelerating infrastructure expansion, boosting urban development ahead of civic polls and clearing pending dues for road and bridge projects