Chief Minister Devendra Fadnavis on Sunday acknowledged the state treasury is under financial pressure, but asserted Maharashtra continues to meet all key parameters of a strong and stable economy.

Responding to several issues raised by legislators on the last day of the Winter session of the assembly, Fadnavis rejected allegations that the state's finances are weakening.

"We do not have an overflowing treasury, and I will not claim that we do. However, I can state with certainty that among the country's large states, Maharashtra even today qualifies on all economic indicators of a robust economy," he told the Lower House while replying to the debate on the final-week resolution.

Fadnavis expressed confidence that Maharashtra would become India's first USD one trillion state economy bet

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