As debt mounts, Maharashtra cuts Ladki funds, stalls loan waiver

The state's first Budget after Mahayuti govt's win reveals a record-high debt of Rs 9.3 lakh crore and a revenue deficit of Rs 45,891 crore for 2025-26. No new major schemes are introduced, focusing instead on existing ones. Local body poll budget allocations have increased, and new taxes are proposed to generate Rs 1,125 crore revenue.
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