Maharashtra receives only 44 per cent of promised investment, reveals vision document


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Maharashtra has received only 44 per cent of the investment than what was promised in the form of various Memorandums of Understandings (MoU), a vision document presented before the state Cabinet on Tuesday revealed.

The 84-page vision document elaborated on the state’s plan to bring more investment. However, it mentioned that the state so far has received investment of Rs 2.64 lakh crore, which is 44 per cent than the promised one. The state has set a target of attracting investment of Rs 10 lakh crore by 2030.

The document has been prepared as per the instructions of the National Institution for Transforming India (NITI) Aayog, which has asked all states to take a lead in policy interventions and set a target of developmental plans in all sectors. They are also expected to make a presentation on their vision before the NITI Aayog. A meeting in this regard is likely to place on Thursday.

The vision document takes stock of the plans and progress of 20 key departments including agriculture and allied services, health, irrigation, education, social justice, industries and skill development.

The document also revealed that Maharashtra was at number four in terms of per capita income in 2014-15 after Haryana, Kerala and Tamil Nadu. It has set a target to achieve 10 per cent economy growth by 2030 and take its per capita income from Rs 1,34,081 to Rs 6,00,000.

The silver lining in the report is that Maharashtra stands at number one position in the number of open defecation free villages. As per the report, Maharashtra’s 26.8 per cent gram panchayats have become ODF, which is higher than the national average of 13.7 per cent.



Written by Loknath Das