This means around 55 per cent of the state’s revenue receipts will be spent on these three heads, which are mandatory expenses in the state’s finances

In his budget speech on Friday, Chief Minister Devendra Fadnavis announced Punyashlok Ahilyadevi Holkar Shetkari Karjmafi Yojna, a loan waiver scheme for farmers under which crop loans of up to Rs 2 lakh till September 30, 2025, will be written off