"Finance Minister Sudhir Mungantiwar has presented a very progressive Budget keeping in mind the financial crisis and challenges facing the state. The budget gives a new direction to agriculture and rural development," he said.
The Gross State Domestic Product is expected to grow by 8 per cent during 2015-16 compared to 5.8 per cent in 2014 -15, an indication of good planning and honest efforts despite the adverse conditions, Fadnavis said.
Meanwhile, Leader of Opposition in Assembly and Congress member Radhakrishna Vikhe-Patil said the State budget is full of "empty promises". "The Budget is not in tune with the existing financial situation."
"In his Budget speech Mungantiwar said 'tasveer badal dunga, takdeer badal dunga' (I shall change the picture and destiny). But the reality is that under this government, people's life has become miserable, especially in drought-hit areas," Vikhe Patil said.
"We don't think farmers will get the Rs 25,000 crore promised in the Budget," Leader of Opposition in Council Dhananjay Munde of NCP said.
Munde, however, welcomed the provision of Rs 5 crore in the Budget for building an auditorium in memory of late NCP leader R R Patil, who also served as Deputy Chief Minister.
Former Finance Minister and senior NCP MLA Jayant Patil dubbed the Budget as "directionless". The farmers, farm labourers, entrepreneurs and other sections of society have been cheated by this Budget," he said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
