Fadnavis hails Budget; says will boost economy, infra sector
Mumbai: Maharashtra Chief Minister Devendra Fadnavis on Thursday hailed the Union Budget, saying it was a big boost to sectors like infrastructure, economy, health care and job creation. Fadnavis said the provision of Rs 40,000 crore for enhancing the transportation in Mumbai with the expansion of suburban railway system and new airports was a big boost to the infrastructure sector and the economy. He termed as "historical" the decision to increase farmers' income.
"With an aim to put more money in farmers' pockets, the Centre has decided to increase the minimum support price (MSP) of all crops by at least 1.5 times of the production cost," he noted. He also welcomed the target of Rs 3 lakh crore for loan disbursement under the Mudra scheme in the next fiscal. "The Mudra loan has been given to more than 10 crore people, of whom seven crore are women and five crore are from the scheduled castes and other backward classes," he said.