{"id":717,"date":"2014-02-25T00:00:00","date_gmt":"2014-02-24T18:30:00","guid":{"rendered":""},"modified":"2016-07-29T10:29:06","modified_gmt":"2016-07-29T04:59:06","slug":"highlights-of-the-maharashtra-state-interim-budget-2014","status":"publish","type":"post","link":"https:\/\/taxclick.org\/type\/miscellaneous\/highlights-of-the-maharashtra-state-interim-budget-2014\/","title":{"rendered":"Highlights of the Maharashtra State Interim Budget 2014"},"content":{"rendered":"<p style=\"text-align: justify;\">(Kindly refer the following link for highlights of Maharashtra State additional budget 2014-15.<br \/>\n<a href=\"https:\/\/taxclick.org\/type\/mvat-cst\/maharashtra-state-additional-budget-2014-2015---highlights-of-tax-proposals\" target=\"_blank\">https:\/\/taxclick.org\/type\/mvat-cst\/maharashtra-state-additional-budget-2014-2015&#8212;highlights-of-tax-proposals<\/a>)<\/p>\n<p style=\"text-align: justify;\">The deputy chief minister (Finance), Ajit Pawar presented the Maharashtra State Interim budget speech, today, on 25<sup>Th<\/sup> February 2014. There is neither new tax proposal nor revision in existing tax laws. However, commodities of daily use such as food grains, pulses, turmeric, chillies, etc. period of tax exemption is increase up to 31<sup>St<\/sup> March 2015. Similarly, tax exemptions of wheat, rice, their floor, jaggery, turmeric, tamarind, coriander, seeds, fenugreek, chillies, parsley, coconut, papad, wet dates, currants and raisins, solopuri chaddars, towels and tea will continue until 31<sup>st<\/sup> March 2015.<\/p>\n<p style=\"text-align: justify;\"><strong>\u00a0Economic and social Review of the State:<\/strong><\/p>\n<ul>\n<li><strong>\u00a0<\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Per capita annual income grown to Rs. 1,05,493<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Energy production has grown to 89,465 million KW\/Hour.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Literacy rate climbed to 82.9 percent.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Birth rate has declined from 21 to 16.7, the death rate from 7.5 to 6.3 and infant mortality rate has declined from 48 to 25.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Food, employment, housing and health issues focused with schemes for the farmers, landless labourers, minorities and other socio-economically distressed citizens.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">\u00a0<strong>Food Security:<\/strong><\/p>\n<ul>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 National Food Security Scheme is being implemented from 1<sup>st<\/sup> February 2014. Out of total 8.77 crore beneficiaries nearly 1.77 crore beneficiaries will be covered by the State Government.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 For implementation of public distribution system provision of Rs. 2,253 crore on account of capital expenditure and to cover deficit provision of Rs. 761 crore.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Employment Guarantee Scheme:<\/strong><\/p>\n<ul>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Increase in Jawahar Well subsidy amount from Rs.1 lakh to Rs. 2.5 lakh.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Employment Guarantee Scheme extended to \u2018C\u2019 category Municipal Councils.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Housing for Poor<\/strong><strong>:<br \/>\n<\/strong><\/p>\n<ul>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Unit cost enhanced under Indira Awaas Yojana, target of 1,82,663 houses in the year 2014-15.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 An outlay of Rs. 675 crore for basic services to urban poor, integrated housing and slum development programme.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 An outlay of Rs. 333 crore for Ramai Awaas Yojana.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Health:<br \/>\n<\/strong><\/p>\n<ul>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Rajiv Gandhi Jeevandayee Arogya Yojana extended to entire State with a provision of Rs. 698 crore.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Emergency medical services will be provided with fully equipped ambulances and doctors.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Agriculture:<br \/>\n<\/strong><\/p>\n<ul>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Subsidy to farmers for plastic lining of farms Ponds.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 An outlay of Rs. 8,215 crore for Irrigation Projects.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Women Development:<br \/>\n<\/strong><\/p>\n<ul>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 One time retirement benefit to Anganwadi Workers and\u00a0 Helpers.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Substantial increase in honorarium of Anganwadi Workers and Helpers.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 An outlay of Rs. 187 crore for implementation of SukanyaYojana.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Manodhairya Yojana for rehabilitating women and child victims of sexual assault and acid attack. Establishment of new counselling centers also.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Swayamsiddha Training Programme for self-defence of women.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Minority Development:<br \/>\n<\/strong><\/p>\n<ul>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 An outlay of Rs. 131 crore for madarsa modernization, pre-matric scholarship and development of minority concentrated rural area.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Technical and Professional Education:<br \/>\n<\/strong><\/p>\n<ul>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Establishment of Technical University for technical and professional courses.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Every year approximately 5 lakh Students getting scholarship to pursue professional courses.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Industrial Development:<\/strong><\/p>\n<ul>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 State leads Industrial Development.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Approval to 25 new mega projects with an investment of Rs. 9,725 crore.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Provision of Rs. 2,500 crore for implementation of Industrial Incentive Scheme.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Concession in Electricity Rates:<\/strong><\/p>\n<ul>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 An out lay of Rs. 9,000 crore for electricity subsidy.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Road Development:<\/strong><\/p>\n<ul>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 An outlay of Rs. 2,836 crore for roads development.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 An outlay of Rs.395 crore for Backward region Development Fund.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>MIHAN:<\/strong><\/p>\n<ul>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 An outlay of Rs. 250 crore for land acquisition and rehabilitation under MIHAN project.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 An outlay of Rs. 165 crore for Airport Development.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Nagpur Metro Railway Project proposal submitted to Central Government.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 An outlay of Rs. 1,600 crore for Jawaharlal Nehru National Urban Renewal Mission.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 An outlay of Rs. 450 crore for Suvarna Jayanti Nagorathan Abhiyan.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Police:<\/strong><\/p>\n<ul>\n<li>\u00a0 \u00a0 \u00a0\u00a0 Creation of 61,494 posts of Police Personnel in 5 phases, 1<sup>st<\/sup> phase having estimated expenditure of Rs. 566 crore.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Enhancement in honorarium of Home Guards and Civil Defence Personnel.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Other:<\/strong><\/p>\n<ul>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Hike in pension of pensioners above 80 years of age<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Development plan of Rs. 2,378 crore approved for Sinhastha Kumbh Mela.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Tax relief in essential commodities<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 District annual plan of Rs. 5,902 crore<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 State annual plan of Rs. 51,222 crore<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/taxclick.org\/PDF\/MaharashtraBudgetHighlights2014Marathi.pdf\" target=\"_blank\">\u00a0See Marathi Version here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Kindly refer the following link for highlights of Maharashtra State additional budget 2014-15. https:\/\/taxclick.org\/type\/mvat-cst\/maharashtra-state-additional-budget-2014-2015&#8212;highlights-of-tax-proposals) The deputy chief minister (Finance), Ajit Pawar presented the Maharashtra State Interim budget speech, today, on 25Th February 2014. There is neither new tax proposal nor revision in existing tax laws. However, commodities of daily use such as food grains, pulses, &#8230; <a title=\"Highlights of the Maharashtra State Interim Budget 2014\" class=\"read-more\" href=\"https:\/\/taxclick.org\/type\/miscellaneous\/highlights-of-the-maharashtra-state-interim-budget-2014\/\" aria-label=\"More on Highlights of the Maharashtra State Interim Budget 2014\">Read more<\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[11],"tags":[93,61],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Highlights of the Maharashtra State Interim Budget 2014 - All About Finance<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/taxclick.org\/type\/miscellaneous\/highlights-of-the-maharashtra-state-interim-budget-2014\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Highlights of the Maharashtra State Interim Budget 2014 - All About Finance\" \/>\n<meta property=\"og:description\" content=\"(Kindly refer the following link for highlights of Maharashtra State additional budget 2014-15. https:\/\/taxclick.org\/type\/mvat-cst\/maharashtra-state-additional-budget-2014-2015&#8212;highlights-of-tax-proposals) The deputy chief minister (Finance), Ajit Pawar presented the Maharashtra State Interim budget speech, today, on 25Th February 2014. 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He can be reached at vikrant_mk@hotmail.com.","url":"https:\/\/taxclick.org\/author\/ca-vikrant-kulkarni\/"}]}},"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"yarpp-thumbnail":false},"uagb_author_info":{"display_name":"CA Vikrant Kulkarni","author_link":"https:\/\/taxclick.org\/author\/ca-vikrant-kulkarni\/"},"uagb_comment_info":0,"uagb_excerpt":"(Kindly refer the following link for highlights of Maharashtra State additional budget 2014-15. https:\/\/taxclick.org\/type\/mvat-cst\/maharashtra-state-additional-budget-2014-2015&#8212;highlights-of-tax-proposals) The deputy chief minister (Finance), Ajit Pawar presented the Maharashtra State Interim budget speech, today, on 25Th February 2014. There is neither new tax proposal nor revision in existing tax laws. However, commodities of daily use such as food grains, pulses,&hellip;","_links":{"self":[{"href":"https:\/\/taxclick.org\/wp-json\/wp\/v2\/posts\/717"}],"collection":[{"href":"https:\/\/taxclick.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taxclick.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taxclick.org\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/taxclick.org\/wp-json\/wp\/v2\/comments?post=717"}],"version-history":[{"count":0,"href":"https:\/\/taxclick.org\/wp-json\/wp\/v2\/posts\/717\/revisions"}],"wp:attachment":[{"href":"https:\/\/taxclick.org\/wp-json\/wp\/v2\/media?parent=717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxclick.org\/wp-json\/wp\/v2\/categories?post=717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxclick.org\/wp-json\/wp\/v2\/tags?post=717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}