India, Jan. 30 -- The Maharashtra government has initiated a 5-30% budget cut on account of rising fiscal deficit, expenses towards implementation of the Ladki Bahin scheme and a reduction in revenue receipt for the fiscal year 2025-26.

The cut is highest, at 30%, on revenue and capital expenditure - including on construction projects, contractual services, investment, foreign tours, and grants of capital, according to the government resolution (GR) issued on Thursday.

A 20% is effective on expenses towards electricity and water bills, overtime allowance, office expenditure, rent taxes, arms and ammunition, vehicular fuel and professional services, while a 10% cut is effective on wages, and 5% on salaries, effective till the end of the ...