NCP(SP) Calls for Transparency on Pending Contractor Payments in Maharashtra
NCP(SP) demands Maharashtra reveal pending contractor dues
Image: The Indian Express
The Nationalist Congress Party (SP) has urged Maharashtra Chief Minister Devendra Fadnavis to disclose the total pending dues owed to contractors as of March 31, 2026. This demand follows a letter from the Maharashtra Contractors Association seeking loan waivers due to unpaid bills, highlighting the financial struggles of nearly three lakh small contractors in the state.
- 01The NCP(SP) demands the Maharashtra government reveal pending contractor dues as of March 31, 2026.
- 02Mahesh Tapase, NCP(SP) spokesperson, criticized the BJP government for failing to pay contractors while promoting Maharashtra as a business-friendly state.
- 03Contractors have written to Union Finance Minister Nirmala Sitharaman and RBI Governor Sanjay Malhotra requesting loan waivers and GST exemptions.
- 04Tapase claims that the state administration is pushing small contractors towards financial ruin by withholding payments for completed projects.
- 05Public debts in Maharashtra have exceeded ₹10 lakh crore, raising concerns about a potential financial crisis.
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The Nationalist Congress Party (SP) has demanded that Maharashtra's Chief Minister Devendra Fadnavis disclose the total amount of pending dues owed to contractors as of March 31, 2026. This call for transparency comes a day after the Maharashtra Contractors Association appealed to Union Finance Minister Nirmala Sitharaman for loan waivers due to significant unpaid bills. Mahesh Tapase, spokesperson for NCP(SP), criticized the ruling Bharatiya Janata Party (BJP) government for its failure to pay contractors while simultaneously promoting Maharashtra as an investment hub. He highlighted the plight of nearly three lakh small contractors who are facing financial difficulties because their payments for completed government projects have been delayed. Tapase also pointed out that the state's public debt has surpassed ₹10 lakh crore, warning of an impending financial catastrophe. The contractors' association has also requested GST exemptions and low-interest loans to alleviate their financial burdens, emphasizing the urgent need for government action to support small businesses in the state.
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The financial struggles of contractors could lead to a decrease in small business activities and economic instability in Maharashtra.
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