Maharashtra Government Faces Financial Crisis Amid Election Buzz

Nana Patole, Maharashtra Congress president, claims the state must borrow funds to pay employee salaries, sparking criticism of the Mahayuti government's fiscal management. The Opposition accuses the government of violating fiscal norms through welfare spending. Patole also reported progress in seat-sharing talks among Maha Vikas Aghadi allies.


Devdiscourse News Desk | Mumbai | Updated: 07-10-2024 20:07 IST | Created: 07-10-2024 20:07 IST
Maharashtra Government Faces Financial Crisis Amid Election Buzz
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Nana Patole, Congress president of Maharashtra, has claimed that the state government is forced to borrow money to meet its salary obligations amidst a mounting financial crisis.

The Opposition has criticized the Mahayuti government for what they describe as fiscal irresponsibility, alleging misuse of funds on welfare measures like the monthly cash transfer scheme for women, in contravention of fiscal norms.

Patole assured reporters that negotiations over seat-sharing among Maha Vikas Aghadi allies continue smoothly, and expressed hope for electoral improvements in Maharashtra following positive outcomes anticipated in other state polls.

(With inputs from agencies.)

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