Covid-19 effect: Maharashtra govt freezes new capital works till March 2021, decides 67% cut in development spending
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Chief Minister Uddhav Thackeray-led government would freeze on new capital works till March next year, amid the mounting economic challenges due to the novel coronavirus. Maharashtra has decided to impose a 67 percent cut in development (scheme) spend for 2020-21, considered to be the highest since 1960. The state government has sought a Rs 50,000 crore package from the centre to overcome the challenges.