Friday, March 26, 2010

Maharashtra Budget 2010-11

Infrastructure

1. An outlay of Rs 2,480 crore is proposed for 2010-11 for development of roads.

2. A sum of Rs 520 crore has been proposed for the improvement of 1,500 kms of road under the NABARD-backed scheme

3. Under the Jawaharlal Nehru urban renewal mission, Maharashtra will construct 75,000 dwelling units in 2010-11 and an outlay of Rs 1,240 crore and Rs 300 crore have been proposed as the Centre’s and the state’s share, respectively.

4. Four laning of Mumbai-Goa national highway to be completed by 2014.

5. A special project of Rs 189 crore to construct roads in the Naxal-infested Gadchiroli and Gondia districts has been okayed by the Centre.

6. A sum of Rs 7,366 crore has been earmarked for completing the on-going projects in the irrigation sector, and a special provision of Rs 650 crore has been set aside, following the governor’s suggestion, to remove the physical backlog in Amravati, Akola, Washim, Buldhana and Ratnagiri.

Power and Energy

1. 500 MW from Khaparkheda thermal power station and 1,000 MW from the Bhusawal station will be available

2. The state government has recently sanctioned the extension of the Uran gas project which will add about 1,200 MW power in the next three years.

3. Land acquisition work for the Rs 8,508 crore Dondaicha thermal power project, which is expected to generate 1,320 MW power, is underway and the project will be on stream by 2014-15.

4. Vidarbha will get a massive Rs 3,248 crore in 2010-11 for its irrigation projects, while Marathwada’s share will be Rs 973 crore.

5. A provision of Rs 1,840 crore has been proposed in 2010-11 for the urban infrastructure development scheme

6. Thermal power projects set up in Dhule and Ratnagiri

Agriculture

1. There are plans to make a massive investment in the agro-marketing sector through a slew of new schemes. With the assistance of the international fund for agricultural development, the ‘Convergence of Agricultural Interventions’ project is being implemented in the six Vidarbha districts at an investment of Rs 593 crore.

2. To strengthen and modernize the basic infrastructure of agricultural marketing

in the state, the World Bank assisted ‘Maharashtra Agriculture Competitiveness

Project’ and the Asian Development Bank assisted “Agri -business

3. Terminal market complexes will be set up at Mumbai, Nagpur, Nashik and modern agro-market projects at Basmatnagar, in Hingoli district.

Education

1. Medical colleges at Raigad and Nandurbar districts Computer labs in 2,500 secondary schools

2. A Rs 300 crore plan to set up computer laboratories in 2,500 secondary schools in the next five years.

3. Rs 5 crore for a proposed performing arts university in Pune.

4. Rs. 35 crore has been proposed for the year 2010-11.

5. During the year 2010-11 as pilot project Government intends to start sub-centres at Satara, Nanded, Jalna and Raigad Districts. For this purpose provision of Rs. 2 crore is proposed.

Pilgrimage

1. Rs 494 cr for developing places of pilgrimage.

2. The state government has introduced a slew of projects for Maharashtra’s popular pilgrim centres — a master plan of Rs 315 crore for the fabled Bhavani Mata shrine at Tuljapur; Rs 681 crore for the development of Dehu, Alandi, Pandharpur, Bhandaradongar and Palkhi Tal.

Taxation

1. 1% VAT on price of flats One-time motor vehicle tax on autos and black-and-yellow taxis.

2. Relief in luxury tax to small hotels and lodges. No tax on daily rent up to Rs 750 Concessional VAT (5%) for raisins, currants and tea continues.

3. Tax exemption on solar lanterns, camphor, dhoop, cotton-seed oil cake

WHAT PUNE GETS
1.A knowledge corridor between Mumbai and Pune to provide employment opportunities

2. A golden quadrilateral between Mumbai-Pune-Nashik-Aurangabad

3. Rs 960-crore project for the four-laning of Talegoan-Chakan-Shikrapur-Nhavra-Chaufula road to reduce traffic pressure in Pune
4. A university for performing arts
5. Rs 1 crore for the Pune International Film Festival

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