Government Schemes and Policy · 8 March 2026

Maharashtra Budget 2026-27: Crop loan waiver up to ₹2 lakh and Ladki Bahin Yojana to continue

Exam-focused facts from the 8 March 2026 current affairs briefing.

Key facts

  • Maharashtra Chief Minister Devendra Fadnavis presented the state Budget 2026-27, becoming the first CM to do so.
  • Punyashlok Ahilyadevi Holkar Shetkari Karjmafi Yojna will waive crop loans up to ₹2 lakh for farmers with arrears up to September 2025.
  • Farmers who are regular in loan repayments will receive a ₹50,000 incentive under the scheme.
  • Mukhyamantri Majhi Ladki Bahin Yojana for women will continue with adequate government funding.
  • The budget aims to make Maharashtra a $5 trillion economy by 2047.
  • A memorial will be built for late NCP leader and former Deputy CM Ajit Pawar, who died in an air crash near Baramati in January.
  • Concrete roads will be provided in villages with a population of over 1,000.