Mumbai, Maharashtra Deputy Chief Minister Ajit Pawar on Friday announced a financial assistance scheme to provide a monthly allowance of Rs 1,500 to eligible women in the age group of 21 to 60 years in the state budget for 2024-25.

Pawar, who holds the finance portfolio, said in his budget speech in the Assembly that the "Mukhyamantri Majhi Ladki Bahin Yojana" scheme will be implemented from July, four months before the state elections in October.

He said that an annual budgetary allocation of Rs 46,000 crore will be made for this scheme.

Announcing another welfare scheme, the Finance Minister said an eligible family of five will get three free LPG cylinders every year under the 'Mukhyamantri Annapurna Yojana'.