Budget session of Maharashtra legislature ends; monsoon session from June 10

The weeklong budget session of the Maharashtra legislature ended here on Friday with the passage of the interim budget in the AssemblyThe monsoon session of the legislature will commence in Mumbai from June 10 after the Lok Sabha polls and will see presentation of a fullfledged budget presiding officers of both houses announced newswire PTI reportedThe budget session began on February 26 and an interim budget was presented in the Assembly the next day by Finance Minister Ajit PawarThe Governors address to both houses took place on February 20 during a daylong special session of the legislature where a bill granting 10 per cent separate quota to the Maratha community in government jobs and educational institutes was unanimously passedAn interim budget instead of a full one was presented in view of the Lok Sabha polls which are likely to be held in AprilMay An interim budget outlines the governments expenditure and revenue proposals for a few months until a fullfledged budget is presentedDuring his budget speech Maharashtra Deputy Chief Minister Ajit Pawar said that Maharashtra is on track to achieve its goal of a USD 1 Trillion economyAjit Pawar who is also the states Finance and Planning Minister presented the Interim Budget 20242025 on Tuesday and announced a slew of proposals while making allocations for expenditure over the next four months before the full budget is tabledPawar said that the government is committed to attract more investments to achieve the target of a USD 1 Trillion state economy ldquoThe States policy is to achieve sustainable environmentfriendly and inclusive development We are effectively implementing the developmental policies to increase the size of the States economy to one trillion dollars as per the Report of the Maharashtra Economic Advisory Council in accordance with the resolution of the Honble Prime Minister to make India a developed nation by the year 2047rdquo he saidMeanwhile Maharashtra Deputy Chief Minister Devendra Fadnavis said on Friday said that the state is ranked first in Foreign Direct Investment by securing over Rs 1 lakh crore of overseas fund flows and trumping the next three states on the list by a significant marginSpeaking in the Legislative Council Fadnavis said Maharashtra received investment of Rs 100112 crore between April and December newswire PTI reportedThis is important because the states we say there is a competition with like Karnataka has secured investment of Rs 30219 crore Gujarat Rs 48410 crore Delhi Rs 31361 crore If the FDI of these states are combined then it comes to around Rs 109000 crore while Maharashtra alone has secured investment of Rs 1 lakh crore he said in the HouseThe FDI data comes as major relief to the Eknath Shinde government which has been battling opposition allegations that big ticket projects were leaving Maharashtra for other states With inputs from agencies