Budget proves Modi govt’s commitment to common man, says Maharashtra CM Fadnavis | mumbai news | Hindustan Times
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Budget proves Modi govt’s commitment to common man, says Maharashtra CM Fadnavis

CM said he is grateful that finance minister and PM have allocated Rs 40,000 crore for Mumbai’s suburban rail projects

mumbai Updated: Feb 01, 2018 16:40 IST
HT Correspondent
HT Correspondent
Hindustan Times
CM,Devendra Fadnavis,Maharashtra
Maharashtra Chief Minister Devendra Fadnavis(HT File Photo)

Maharashtra Chief Minister Devendra Fadnavis on Thursday hailed the 2018 Union Budget, presented by finance minister Arun Jaitley, as “historic and unprecedented”. The assurance to farmers of a minimum support price (MSP) 1.5 times the production cost and allocation of Rs 40,000 crore for Mumbai’s railway projects prove that the Modi government has kept its commitment to the common man, Fadnavis said.

“Through assurance that the MSP will cover the production cost, the government has fulfilled a demand that has been pending for two decades. It has also made sufficient provisions for irrigation projects as demanded by us. These announcements will give a major boost to the agricultural sector,” Fadnavis said after the Budget presentation.

The CM said he was grateful to Prime Minister Narendra Modi, Jaitley and railway minister Piyush Goyal for the Rs 40,000 crore allocated for railway projects, which includes an elevated corridor between CST and Panvel.

First Published: Feb 01, 2018 16:29 IST