Latest news with #SimhasthaKumbhMela
Time of India
2 days ago
- Business
- Time of India
Poll-bound state's supplementary budget: 57,509 cr
Mumbai: Just three months into the financial year, the cash-strapped Mahayuti govt which faces local body polls across the state, tabled supplementary budgetary demands worth a steep Rs 57,509 crore in the state legislative assembly on Monday. This will add to the financial strain of the state which not only faces its highest-ever debt projection at Rs 9.3 lakh crore but also its steepest revenue deficit at Rs 45,890 crore for 2025-26. Supplementary demands are additional funds sought by govt beyond allocations made in the budget tabled in March. The current demands account for 8.2% of the total expenditure projected in the state budget. In the coming year, the state faces rural and urban local body polls including to high profile municipal corporations like the BMC, which will see a prestige war between the govt and the Opposition. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai The demands raised are mainly aimed at urban and rural infrastructure projects like Metro, support for municipal bodies, road and irrigation schemes and the Simhastha Kumbh Mela. Also, allocations have been suggested for welfare schemes including the Mahatma Jyotirao Phule Health Scheme, Sanjay Gandhi Niradhar Yojana, schemes for the elderly, payment for female anganwadi workers and scholarships for backward students. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Texas Introduces New Benefit for "Senior Drivers" Auto Savings Learn More Undo The urban development department which controls the state's 29 municipal corporations has been allocated the highest share in the demands at Rs 15,465 crore. The PWD department which has faced agitations from contractors over unpaid dues has been allocated Rs 9,068 crore. Other departments with large allocations include public health (Rs 6,952 crore), rural devt (Rs 4,733 crore) and social justice (Rs 3,799 crore). Last year, the state faced financial strain on account of pre-poll sops like the Ladki Bahin Yojana announced with an eye on the assembly polls. The sops were worth Rs 96,000 crore. In addition, the state introduced supplementary demands worth Rs 1.3 lakh crore after the budget. The Opposition has sharply criticised the supplementary demands. "The state budget had projected a revenue deficit of Rs 45,890 crore for this year. With the additional supplementary demands of Rs 57,509.7 crore, the total revenue deficit will rise above Rs 1 lakh crore. By the end of the year, it could rise beyond Rs 2 lakh crore. It shows the extent of financial mismanagement," said NCP (SP) leader Jayant Patil. However, the finance department led by deputy CM Ajit Pawar said net burden of supplementary demands would be lower. Although gross supplementary demands are Rs 57,509 crore, net burden is Rs 40,644 crore, an official statement said.
Time of India
2 days ago
- Politics
- Time of India
Maharashtra introduces bill empowering Nasik Kumbh Mela authority to permit temporary townships
Mumbai: The state govt has introduced a bill granting sweeping powers to the Nasik-Trimbakeshwar Kumbh Mela Authority for managing the Simhastha Kumbh Mela, scheduled to be held in Nasik next year. The bill follows an ordinance introduced in June. The Kumbh Mela is organised every 12 years, and the last event in 2015 attracted 2.5 crore devotees. According to the bill, the authority will have the power to grant permission for any development, including the layout of any new temporary city or township for the purpose of stay or tourism for citizens attending the Kumbh Mela. It will also have the power to grant permission to construct structures, including buildings or any material such as tents and huts, streets, and amenities around such a city or township. The bill also states that during the period such permission is given, the provision of any plan, including the development plan, regional plan, final town planning scheme, rule, bye-law, or notification made under any law, will not be applicable. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai According to the bill, the authority will have the power to provide road connectivity from a nearby major road to the new township or city. The permission for such development, including the layout, city, or township, shall last only as long as decided by the authority and will not exceed two years. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trending in in 2025: Local network access control [Click Here] Esseps Learn More Undo Additionally, no court will have the jurisdiction to entertain any suit or proceeding against any action or order issued by the authority. The bill states that the authority will have the power to prosecute those guilty of obstructing or failing to cooperate with any officer or employee authorised by the authority. Punishment could be a jail term extended up to one year, a fine, or both. According to the bill, the 22-member authority will be headed by the Nasik Divisional Commissioner. A committee of ministers will be set up to review the work of the authority, review its report, and approve the fees imposed by the authority.
Time of India
2 days ago
- Business
- Time of India
Nashik Airport Achieves Record Passenger Traffic in May Amid Growing Connectivity, ET Infra
Advt Advt The Nashik airport , managed by Hindustan Aeronautics Ltd , recorded its highest monthly air passenger traffic in May this airport handled 37,509 passengers in May, marking the highest monthly footfall since operations commenced in 2014, HAL sources said. Previously, the highest air traffic was 36,082 passengers in increase resulted from enhanced air connectivity with additional cities served by the Nashik airport. Additionally, flight occupancy exceeded 90 per cent, with most flights on the Nashik-Delhi and Nashik-Bengaluru routes reaching full capacity. These factors contributed to the rise in passenger footfall at the Nashik airport, according to sources at the airport numbers at the Nashik airport steadily increased over the past year due to positive responses from air travellers. In Jan this year, the passenger footfall was 31,737, but it declined marginally to 31,669 in the airport recorded a rise every month from March onwards. In March, the airport handled 34,221 passengers, followed by 36,082 in April and 37,509 in a private airline operates flights from the Nashik airport to six destinations: Delhi, Goa, Ahmedabad, Hyderabad, Bengaluru, and Coimbatore via Indore. The airline also plans to start flights from Nashik to Kolkata in the coming occupancy prompted the private airline to introduce 232-seater Airbus A321 flights on the Nashik-Delhi and Nashik-Bengaluru routes from March 30. Previously, the airline operated 180-seater Airbus A320 flights on these routes. Deploying larger Airbus aircraft on the Nashik-Delhi and Nashik-Bengaluru routes also increased passenger traffic in March at Nashik Airport, sources the 2024-25 financial year, the Nashik airport is expected to handle 3.4 lakh passengers, compared to 2.4 lakh in the 2023-24 financial total passenger footfall for 2022-23 was 1.07 Rawal, the chairman of the aviation committee of the Nashik Industries and Manufacturers' Association (Nima), said the airport has significant potential for air service, as evidenced by the increasing passenger footfall. The average passenger footfall has exceeded 1,200. However, due to the rising number of passengers, expanding the Nashik airport is Nahar, the president of Nima, said passenger footfall at will surge during the upcoming Simhastha Kumbh Mela , scheduled between 2026 and 2028."Currently, the airport's capacity is 300 passengers at a time. Considering the anticipated increase in passenger numbers during the Kumbh Mela, expanding the Nashik airport is essential. We are addressing the issue with chief minister Devendra Fadnavis, who has assured the expansion of the Nashik airport before the Simhastha Kumbh Mela commences," he said.
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Business Standard
3 days ago
- Business
- Business Standard
Maharashtra govt tables supplementary demands of ₹57,509 cr in assembly
The Maharashtra government tabled supplementary demands of ₹57,509.71 crore in the state legislative assembly on Monday to allocate funds for various schemes and projects. Deputy Chief Minister Ajit Pawar, who is also the state finance and planning minister, presented these demands on the first day of the three-week monsoon session. Supplementary demands are additional funds sought by the government over budgetary allocations. The government has primarily allocated these funds for infrastructure projects such as roads, metro rail, and irrigation schemes, as well as for planning and execution of the upcoming Simhastha Kumbh Mela. The demands include ₹1,600 crore for the Mahatma Jyotirao Phule Health Scheme, ₹1,500 crore for the Sanjay Gandhi Niradhar (Destitute) Grant Scheme, scholarships for students from the backward classes, and overall development of socially and economically weaker sections. The largest allocation ₹11,042.76 crore has been earmarked for grants recommended by the 15th Finance Commission, and it has also made a provision of ₹6,952 crore for public health. Additionally, ₹3,228.38 crore has been provisioned for refunds related to stamp duty surcharge to metro projects, municipal corporations, municipal councils, and Zilla Parishads. The government has allocated ₹1,000 cr for the planning and execution of the Simhastha Kumbh Mela. Of the total supplementary demands, ₹19,183.85 crore was for mandatory expenditures, ₹34,661.34 crore for planned schemes, and ₹3,664.52 crore for centrally-sponsored schemes. Though the gross demand amounts to ₹57,509.71 crore, the net financial impact on the state exchequer is ₹40,644.69 crore, Pawar said. The government has made a provision of ₹2,182.69 crore as margin money loans to cooperative sugar factories under assistance from the National Cooperative Development Corporation (NCDC).
Time of India
3 days ago
- Business
- Time of India
Nashik airport set passenger footfall record in May this year, ET Infra
Advt Advt The Nashik airport, managed by Hindustan Aeronautics Ltd, recorded its highest monthly air passenger traffic in May this airport handled 37,509 passengers in May, marking the highest monthly footfall since operations commenced in 2014, HAL sources said. Previously, the highest air traffic was 36,082 passengers in increase resulted from enhanced air connectivity with additional cities served by the Nashik airport. Additionally, flight occupancy exceeded 90 per cent, with most flights on the Nashik–Delhi and Nashik–Bengaluru routes reaching full capacity. These factors contributed to the rise in passenger footfall at the Nashik airport, according to sources at the airport numbers at the Nashik airport steadily increased over the past year due to positive responses from air travellers. In January this year, the passenger footfall was 31,737, but it declined marginally to 31,669 in the airport recorded a rise every month from March onwards. In March, the airport handled 34,221 passengers, followed by 36,082 in April and 37,509 in a private airline operates flights from the Nashik airport to six destinations: Delhi, Goa, Ahmedabad, Hyderabad, Bengaluru, and Coimbatore via Indore. The airline also plans to start flights from Nashik to Kolkata in the coming occupancy prompted the private airline to introduce 232-seater Airbus A321 flights on the Nashik–Delhi and Nashik–Bengaluru routes from March 30. Previously, the airline operated 180-seater Airbus A320 flights on these routes. Deploying larger Airbus aircraft on the Nashik–Delhi and Nashik–Bengaluru routes also increased passenger traffic in March at Nashik Airport, sources the 2024–25 financial year, the Nashik airport is expected to handle 3.4 lakh passengers, compared to 2.4 lakh in the 2023–24 financial total passenger footfall for 2022–23 was 1.07 Rawal, the chairman of the aviation committee of the Nashik Industries and Manufacturers' Association (Nima), said the airport has significant potential for air service, as evidenced by the increasing passenger footfall. The average passenger footfall has exceeded 1,200. However, due to the rising number of passengers, expanding the Nashik airport is Nahar, the president of Nima, said passenger footfall will surge during the upcoming Simhastha Kumbh Mela , scheduled between 2026 and 2028."Currently, the airport's capacity is 300 passengers at a time. Considering the anticipated increase in passenger numbers during the Kumbh Mela, expanding the Nashik airport is essential. We are addressing the issue with Chief Minister Devendra Fadnavis, who has assured the expansion of the Nashik airport before the Simhastha Kumbh Mela commences," he said.
