The state has abolished the local body tax and the Centre had assured that it would compensate the financial burden.
Mumbai: The Maharashtra government is expecting Rs 3500 crore aid from the Union Budget for the farmer suicide prone districts of the state and several other issues, said state finance minister Sudhir Mungantiwar.
“We are developing the forest industrial zone. To boost private investment in the sector, the state is expecting that the central government will declare a five year income tax holiday for investment in this sector” he said.
“The state government is implementing 90 projects in the farmer suicide prone districts and most of the projects are in Wardha, Yavatmal and Osmanabad districts. It includes drip irrigation and many water conservation projects.”
The state has abolished the local body tax and the Centre had assured that it would compensate the financial burden, so we are expecting Rs 2,500 crore aid from the Centre, he added.
“Considering the demand of producers of Marathi plays, we have received approved GST concession on tickets upto Rs 500. Many central government schemes are going on in urban and rural areas, like housing for all, drinking water, Swacha Bharat Abhiyan and many others. So we are expecting that funds for these schemes will come in time so that we can complete the schemes in time,” the minister concluded.