Maharashtra Finance Minister Sudhir Mungantiwar will present budget on June 18 in the state Legislature. This being the last budget of the government ahead of Assembly election just three months away, Mungantiwar may announce populist proposals while providing a development roadmap to achieve $1 trillion dollar economy by 2025. In an interview with DNA, Mungantiwar explains the government's strategy.
The state government has been consistently working to boost the gross state domestic product (GSDP), per capita income, investments, infrastructure development and reduce the debt burden and income inequality. Despite this, nearly 3.5 crore people are still living in miserable conditions and the government aims to improve their conditions. Our focus will be on agriculture, education, health, development of micro, small and medium enterprises (MSME) and infrastructure development.
The area under agriculture is rapidly falling so also its contribution to the total GSDP. The cluster farming and deployment of modern technology will be explored to boost production.