Maharashtra budget 2026-27: Fadnavis waives ₹2 lakh loans for farmers
Maharashtra Chief Minister Devendra Fadnavis just rolled out a massive ₹7.69 lakh crore budget for 2026-27, about 14% of the state's economy.
The headline move: a farm loan waiver of up to ₹2 lakh per farmer, aiming to help nearly 30 lakh farmers breathe easier.
There is a ₹50,000 incentive for about 20 lakh farmers who have been repaying loans; the budget also includes measures such as a power-bill waiver for certain pump owners and plans to expand solar pump installations.
What else is in the budget?
This budget isn't just about numbers: it's packed with plans that could shape your daily life and future opportunities.
Think major metro expansions (up to 1,200km), new coastal roads in Mumbai, airport upgrades, and a push to make tourism digital-friendly.
Plus, there's funding for affordable housing and slum redevelopment in Mumbai, better village roads, and continued support for women through the Ladki Bahin scheme.
If you live in Maharashtra or dream of moving here someday, these changes could mean better jobs, smoother commutes, and more places to explore by 2047.