Read more about highlights of maharashtra budget 20 14 on business standard. Maharashtra spent only 24 percent of funds available. The state highways in india are network of roads maintained by the state governments. Indian union budget 2014 date, indian general budget 20. Representation amnesty the commissioner of state tax maharashtra. Maharashtra in 1977 for manufacture of malathion, an insecticide. We examine budget 2014 for the state with respect to its revenue and capital accounts and performance thereof revenue account profile maharashtra in fy, moved from a revenue deficit position rs 2,267 crore in fy12 to a revenue surplus of rs 27 crore. For the period from 20 14 through to the 201718 fiscal year, on average only 65 percent of the programs annual budget was spent by the state health society i. Index annual plan 2014 part3 this part contains detailed statements for annual plan 2014. Budget highlights the gross state domestic product of maharashtra for 201718 at. Index annual plan 2014 part 2 this part contains summary statements for annual plan 2014. The state of maharashtra special responsibility of governor for.
For the year 201112 per capita state income estimate at rs. Dtc proposals to raise rs,300 crore, indirect tax to fetch rs 4700 crore. Download all india vat budget highlights 2014 file in. Economic survey of maharashtra 2014 subject page no. Sep 30, 2019 state finances a study of budgets of 201920. The recent reforms unveiled by the government, in the form of fdi in retail. Budget documents, government of maharashtra, department of finance, various years. Agriculture and farmers are the highest priority sectors of our government and it is a well known fact that agriculture budget has facilitated comprehensive development of agriculture sector. No revision in tax slabs, tax credit of rs 2000 for income upto rs 5 lakh. Mumbai, the capital of maharashtra is considered the financial capital of india with the headquarters of almost all major banks, financial institutions, insurance companies and mutual funds being based in the city.
The finance minister of maharashtra presented the state budget for 201415 on 5 june 2014 in the state assembly. Maharashtra budget 201415 key indirect tax proposals. Maharashtra under rule 7 of the development boards for vidarbha, marathwada and the rest of maharashtra order, 2011, for the regionwise distribution of outlays in the annual plan of fy 2014 introduction 1. Upon comparing the rainfall and food grain production in the state it may be observed that the rainfall in the year 20 14 was 124. It is constructed and managed by the states public works department.
Maharashtra budget analysis 201718 the finance minister of maharashtra, mr sudhir mungantiwar, presented the budget for maharashtra for financial year 201718 on march 18, 2017. Key features of budget 2012 20 approach to the budget for indian economy, recovery was interrupted this year due to intensification of debt crises in euro zone, political turmoil in middle east, rise in crude oil price and earthquake in japan. Dholera, gujarat and shendra bidkin, maharashtra will start during 20 14. Including state wise highlights of maharashtra goa karnataka gujarat west bengal madhya pradesh himachal pradesh delhi jammu kashmir assam and kerala courtesy haribhakti group. State update government of maharashtra cares ratings. Revised estimates re of the expenditure in 2012 at 96 per cent of the budget estimates be due to slowdown and austerity measures. India budget 20 2014 highlights key features of budget 20 2014. Slowdown in indian economy has to be seen in the context of slowing global economic growth from 3.
Prices and public distribution system prices public distribution system 39 5. Maharashtra is the largest producer of grapes and pomegranates in the country. We examine budget 2014 for the state with respect to its revenue and capital accounts and performance thereof. During 2012 gross state domestic product is expected to increase by 7. Government of maharashtra annual plan 202014 department wise part 3 maharashtra state planning department government of maharashtra. Jharkhand, chhattisgarh, madhya pradesh, maharashtra, orissa and uttar pradesh. Meda is working as a state nodal agency sna under the aegis of energy department,the state of maharashtra.
Indias largest stock exchange bombay stock exchange, the oldest in asia, is also. Highlights of the budget presented by deputy chief minister shri ajit pawar, on wednesday, 23rd march 2011. The economic survey of maharashtra is a concerted endeavor of directorate of economics and statistics, planning department, which is prepared every year and the same is presented in the budget session before the state legislature. Directives by the governor of maharashtra under rule 7 of. Sector actual expenditure level xith five year plan 200712 annual plan 201112 statement ss2 sectorwise summary statement for annual plan 20 14 outlay 2.
Maharashtra energy development agency meda is a maharashtra government institute run with the federal government of india, to regulate energy conservation and to promote the development of renewable energy in maharashtra state, including solar energy, bioenergy and wind energy. Railway budget 2014 statewise new trains, lines, projects. Indian union budget 2014 date, indian general budget. Factors that contribute to high health budget execution abc. Representation amnesty the state finance minister maharashtra technical problems in uploading returnsaudit report on mahagst portal on various issues regarding form gst tran 1. Making indias budgets open, usable and easy to comprehend. Deputy chief minister and maharashtra finance minister ajit pawar today presented maharashtras budget for 2014. Key features of budget 201220 approach to the budget for indian economy, recovery was interrupted this year due to intensification of debt crises in euro zone, political turmoil in middle east, rise in crude oil price and earthquake in japan. Gujarat, punjab, west bengal, maharashtra, andhra pradesh, odisha, karnataka. Economic survey of maharashtra 2014 chapteri finances of the state government audit report state finances 1 for the year ended 31 march 2014. In the face of such need, in maharashtra state, the nhm budget has been seriously underspent. Maharashtra in 1977 for manufacture of malathion, an. In addition, loans provided to power companies of the state has been increased by rs 4,960 crore. This was followed by uidssmt with 37 percent up from 20 percent in fy 201112, bsup at percent and ihsdp at 8 percent of total allocations.
Expenditure on education 201516 budget estimates revenue account. The state has shown slightly lower economic growth in the past decade, since the compounded annual growth rate of its gross state domestic product. Receipt actual receipt original estimates actual upto jan. Analysis of budgeted expenditure on education 2014. Maharashtra is the second largest state in india, in terms of population 11. Revised estimate budget estimat 20 14 201415 2015 201415 2015 e 16 opening balance 25699. The gross state domestic product of maharashtra for 201718 at current prices is. Government of maharashtra as the central governments share of nonrecurring plan expenditure for maintenance of the delivery of books act section in state central library, town hall, mumbai during the year 2014. Economic survey of maharashtra 2014 economic survey of maharashtra 2014 contents subject page no. These budgetary proposals would be applicablefrom 1 april 2012 to 31 march 20 3 4. Rupees eighteen lakhs and seventy five thousand onlv. Budget for 2014 to have one overarching goal of creating opportunities for.
The economy of maharashtra is the largest in india. In this publication, data on socioeconomic characteristics of the state for the year 2014 is given. Administrative amendments to ensure and augment effective tax collection of sales tax, state excise and the transport departments, some of the border. The present publication for the year 2014 is the 53rd issue in the series. Pawan kumar bansal presented the indian railway budget for the financial year 2014 in parliament on february 26 20. The audit of local bodies is under the control of state goverrmient as per the provisions of item 5 in list il state list in the sewenth schedule to the constitution of india. Government of maharashtra as the central governments share of nonrecurring plan expenditure for maintenance of the delivery of books act section in state central library, town hall, mumbai during the year 20 14. The union budget 2014 is being presented at a time when the growth prospects. The present publication for the year 201718 is the 57th issue in the series. We are a comprehensive and userfriendly open data portal facilitating free, easy and timely access to relevant data on government budgets in india. I will be presenting those details in the following. We have summarised below key indirect tax proposalschanges. Overview of state public sector undertakings 1 1 introduction 1. Petition of by maharashtra state load despatch centre for approval of budget of cost of operations for fy 201516 coram.
Schemewise detailed statement state plan budget code source of fund sr. Before the maharashtra electricity regulatory commission. Find union budgets, state budgets, rbi data and municipal budgets across years. Trends in expenditure at the state level there are wide variations in spending amongst states. Dholera, gujarat and shendra bidkin, maharashtra will start during 2014. Maharashtra public finance and fiscal policy maharashtra. Jnnurm budget was allocated to the uig down from 64 percent in fy 201112. Download all india vat budget highlights 2014 file in pdf. Kalangathu kanda vinaikkan thulangkathu thookkang kadinthu seyal. Budget highlights the gross state domestic product of maharashtra for 201718 at current prices is estimated to be rs 25,35,2 crore. In 2014 15, production of grapes and pomegranates was 2, 160 thousand tonnes and 945. Company name financial year annual report annual reportin marathi 1. Annual report 2014 national institute of educational planning.
The study of state finances has been an underresearched area owing to lack of availability of data, and the. My budget for 2014 has before it one overarching goal. India budget 202014 highlights key features of budget 202014. Industrial powerhouse maharashtra is the most industrialised state. Bihar and up suffer from a range of issues that affect budget utilization primarily at the state health. Government of india ministry of road transport and. Maharashtra in the national economy shall be one trillion. Figures 3 and 4 show the trend in deficits and outstanding public debt from 2014 to 201617. The union budget of india for 2012 20presented by pranab mukherjee, the financeminister of india on 16th march 2012.
A few suggestions for your kind consideration in the maharashtra state budget 20 14 and necessary changes in sales tax laws sir, we the people of maharashtra are eagerly awaiting to listen to your budget speech, which you are ready to deliver in a few days from now. Despite the constraints being faced on the fiscal front, the government continued to increase the magnitude of budgetary support for social sectors. Oct 20, 2017 maharashtra public finance and fiscal policy profile. Before the maharashtra electricity regulatory commission world trade centre, centre no. Moreover, the budgets execution rate has fallen over this period. Including state wise highlights of maharashtra, goa, karnataka, gujarat, west bengal, madhya. This issue of statistical abstract of maharashtra state for the year 2014 in english and marathi is the 39 th in the series. The gross state domestic product of maharashtra for 201617 is estimated to. Highlights of maharashtra budget 2014 business standard.
The fiscal position has shown considerable improvement state has been able to achieve its frbm targets except in 200910 this has been possible due to reduction in total expenditure from 14. Faced with huge fiscal deficit, government expenditure rationalised in 2012. The programme envisages development of 5477 km roads 1126 km national highways and 4351 km state roads to 2 lane standards at an estimated cost of rs. Pawan kumar bansal presented the indian railway budget for the financial year 20 14 in parliament on february 26 20. Introduction the government of maritimemaharashtra has constituted the maharashtra board mmb vide maharashtra maritime control,board act, 1996 for administration, management and mmbdevelopment of non major ports. In terms of coverage of ignoaps, total beneficiaries have. Sectorwise summary statement for annual plan 20 14 sr. The state highways are usually roads that link important cities, towns and district headquarters within the state and connect them with national highways or state highways of neighbouring states. Revised budget estimates for the year 201415 and budget estimates for the year 201516 budget summary receipts figures in lacs sr. In fy 201112, jharkhand and west bengal had spent 97 percent of available funds, respectively. Grants provided to maharashtra state power distribution company limited has been increased from a budget amount of rs 5,3 crore to rs 10,1 crore. Report on state finances of maharashtra submitted to the 15. Especially given the fact that the fm has gone on record to state that the cad current account deficit can only be bridged through foreign flows constituting of fdi, fii and ecbs. A few suggestions for your kind consideration in the maharashtra state budget 2014 and necessary changes in sales tax laws sir, we the people of maharashtra are eagerly awaiting to listen to your budget speech, which you are ready to deliver in a few days from now.
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