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Maharashtra Budget 2026-27: ₹7.69 Lakh Crore Outlay with ₹2 Lakh Farm Loan Waiver, Wainganga-Nal Ganga Link & ₹20,000 Cr Free Electricity

Target:MPSCUPSC GS-IIISSC GATeachingBankingPrelims HighMains MediumStatic GK Link
06 Mar 2026
~2 min
Source: Indian Express
Key Data:₹7.69 lakh crore₹2 lakh₹94,968 crore₹20,000 crore₹1,50,491 crore20.38%
Bodies:Maharashtra Government
Practice MCQs from today's news ▸
What This Article Covers

1.Maharashtra presented a ₹7.69 lakh crore budget for 2026-27 with a ₹2 lakh farm loan waiver scheme and ₹20,000 crore allocation for free electricity to farmers.

2.Infrastructure push includes a ₹94,968 crore Wainganga-Nal Ganga river linking project, 1,200 km metro network, and a new greenfield city near Navi Mumbai airport.

3.The budget aims for inclusive growth with women-centric schemes like Mukhyamantri Majhi Ladki Bahin Yojana and Lakhpati Didi, targeting 25 lakh women entrepreneurs.

The Big Picture
Prelims · HighMains · Medium

Maharashtra's FY27 budget focuses on agriculture, infrastructure, and women empowerment with a ₹7.69 lakh crore outlay. The flagship Punyashlok Ahilyadevi Holkar Shetkari Karjamafi Yojana offers up to ₹2 lakh loan waiver and ₹50,000 incentive. Key infrastructure includes the ₹94,968 crore Wainganga-Nal Ganga river linking project and a 1,200 km metro network.

Exam Lens

Quick Exam Facts From News

Total Budget Outlay₹7.69 lakh crore
Farm Loan Waiver Cap₹2 lakh
Wainganga-Nal Ganga Project Cost₹94,968 crore
Fiscal Deficit (2026-27 BE)₹1,50,491 crore
Free Electricity Scheme Allocation₹20,000 crore
Debt-to-GSDP Ratio (2026-27 BE)20.38%

1-Minute Revision

  • ›Total Budget Outlay: ₹7.69 lakh crore
  • ›Farm Loan Waiver Cap: ₹2 lakh
  • ›Target this Data: ₹7.69 lakh crore (Total Budget Size for FY27)
  • ›Target this Nodal Body: Maharashtra Finance Department/State Government
  • ›Target this Scheme: Punyashlok Ahilyadevi Holkar Shetkari Karjamafi Yojana

Mastered this topic? Test your knowledge with a full MCQ quiz.

Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

Which constitutional body is responsible for presenting the state budget in the legislature?

Q2Statement-basedHard

Consider the following statements regarding the Maharashtra Budget 2026-27:

1. It includes a farm loan waiver scheme named after Punyashlok Ahilyadevi Holkar.

2. The budget allocates ₹20,000 crore for continuing the free electricity scheme for farmers.

3. The Wainganga-Nal Ganga river linking project has an estimated cost of over ₹1 lakh crore.

Which of the statements given above is/are correct?

Q3Data-centricMedium

According to the Maharashtra Budget 2026-27, what is the projected fiscal deficit for the financial year?

Q4Application/ImpactMedium

What is a primary objective of the Lakhpati Didi scheme mentioned in the Maharashtra budget?

All 25 MCQs ▸
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