On Tuesday, February 27, Maharashtra Deputy Chief Minister and Finance Minister Ajit Pawar presented the Interim Budget for the fiscal year 2024-25. The budget is aimed at bolstering the state`s infrastructure, welfare schemes and tourism initiatives.

During his budget speech, Pawar said that Maharashtra is on track to become a USD 1 trillion economy. In his speech he also said highlighted the initiatives the government is taking to strengthen the state`s economy. To promote industrial development, Ajit Pawar in the budget announced the revision of policies and incentives including the establishment of garment industry complexes and export promotion initiatives. Furthermore, Pawar, in his budget, placed emphasis on skill development, employment generation, and the establishment of small-scale industries.  In his budget speech, Pawar also said that nearly one lakh women will be given employment opportunities in the coming year.