The Maharashtra government made some major allocation to boost infrastructure development in the state. The state government presented its budget on 6 March 2020.
A provision of Rs 3,500 crore has been made to complete the Kokan Marine Highway in three years. A Ring Road of 170 km will be constructed to divert the traffic entering Pune city from Nashik, Aurangabad, Hyderabad, Bengaluru and Mumbai; an Rs 15,000 crore expenditure is expected for developing the project. The work on the project will commence in FY20 and will be completed in the next four years by the Maharashtra State Road Development Corporation (MSRDC).
Construction of 40,000 km road will be undertaken under Rural Road Development Scheme and completed by 2020-25. An outlay of Rs 1,501 crore is proposed for this scheme for the year 2020-21. Under Urban Road Development Scheme a provision of Rs 1,000 crore has been made.
In addition to the Man-Hinjewadi to Shivajinagar route under Pune Metro, two new lines namely Shivajinagar to Shevalevadi and Man to Pirangut will be started. Along with this, the Metro line from Vanaj to Ramwadi will be expanded by extending the length of the line from Vanaj to Chandani Chowk and Ramwadi to Wagholi. Also, the length of the line from Pimpri Chinchwad to Swargate will be increased to extend it from Swargate to Katraj and from Pimpri Chinchwad to Nigdi. An allocation of Rs 1,656 crore has been made for the Metro project.
An in-principle approval was also accorded to start tourist and passenger transport from Mira-Bhayander to Dombivli on Vasai-Thane-Kalyan route under the scheme of National Waterways.
The state government has also provided additional equity of Rs 8,500 crore for the Hindu Hruday Samrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg. A provision of Rs 200 crore was made in the budget for modernisation of bus stations of the Maharashtra State Road Transport Corporation.
Apart from this, industrial estates will be developed by incurring Rs 4,000 crore expenditure in Satara district under Bengaluru-Mumbai Economic Corridor on the line of Delhi-Mumbai Economic Corridor.
For the year 2020-21, an outlay of Rs 10,650 crore has been proposed for the Public Works Department’s schemes, Rs 6,025 crore for the Urban Development Department’s schemes and Rs 5,877 crore for the Rural Development Department’s schemes.
An allocation of Rs 401 crore has been made for purchasing 1,600 new buses by replacing old buses and for modernisation of its bus stations to the Maharashtra State Road Transport Corporation.