Maharashtra Budget: Infra In Focus With Rs 86,000-Crore Nagpur-Goa Highway, Metro Expansions In Mumbai, Pune

Deputy Chief Minister Ajit Pawar tabled Maharashtra's budget for financial year 2025–26 on Monday, allocating Rs 64,000 crore towards dealing with traffic-congestion issues in Mumbai among many other schemes and plans announced for the infrastructure segment.

Here Are The Highlights

• Plans were also announced to expand Mumbai's metro-railway system from Navi Mumbai to Santa Cruz via a metro rail line that will run from the Navi Mumbai International Airport near Ulwe to Chhatrapati Shivaji Maharaj International Airport in Santa Cruz and back.

• The Maharashtra government also plans to designate the Mumbai Metropolitan Region as a "growth zone" and plans to take the value of the economy from $140 billion to $1.5 trillion by 2047.

• Pawar also announced a "Logistics Policy" for the construction of dedicated logistics infrastructure spanning over 10,000 acres. The budget aims to create approximately 5 lakh direct and indirect jobs through special incentives and facilities offered to infrastructure projects.

• The administration has also commenced land acquisition for the construction of the Nagpur-Goa Shaktipeeth Expressway, for which an amount of Rs 86,300 crore has been allocated.

• The budget also proposed plans to construct Mumbai's third airport near Vadhavan port near the Maharashtra-Gujarat border. This will be built close to a Mumbai-Ahmedabad bullet train station.

• An elevated road will also be constructed from Thane to Navi Mumbai International Airport. The two suburbs of Kalyan and Dombivli are expected to benefit from this connectivity.

• The budget also announced the construction of a Savarkar Sea Bridge, which will be 14 km long between Bandra and Versova with a planned investment of Rs 18,120 crore allocated to the project. The expected time period by which the project is to be completed is May 2028.

• The state government has also submitted proposals to the Union government regarding the expansion of Pune Metro Rail Phase-2 which will cover two routes, Khadakwasla to Kharadi and Nal Stop to Manikbag.

• An elevated road project linking the coastal towns of Uttan and Virar, spanning 55 km is set to be constructed for approximately Rs 87,427 crore.

• In the coming year, 41.2 km of metro lines are set to be launched in Mumbai and 23.2 km in Pune. The government also plans to operationalise a total of 237.5 km of lines in the next five years.

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