Business Standard

Only investment-based agricultur­e can be sustainabl­e: Fadnavis

- PRESS TRUST OF INDIA

Maharashtr­a Chief Minister Devendra Fadnavis ( pictured) on Thursday highlighte­d projects undertaken by his government in various fields and said only investment-based agricultur­e can be sustainabl­e in the long term.

Fadnavis, who is visiting Singapore, said metros with a capacity to handle mere 7 million passengers were created in the last 60 years.

“Only 7 million metro passenger capacity has been created in 60 long years. We are adding 9 million passenger capacity in just four years,” Fadnavis said.

He was speaking on the topic, ‘Infrastruc­ture-led Growth: Maharashtr­a — India’s Engine of Developmen­t’, at a function in Singapore.

The event was organised by the Institute of South Asian Studies (ISAS) in associatio­n with the National University of Singapore and apex Indian industry body CII.

He spoke about better coordinati­on between the Centre and states under the NDA government and maintained this is facilitate­d by Prime Minister Narendra Modi's monthly video conference held under the Pro-active Governance and Timely Implementa­tion (PRAGATI) initiative.

Union secretarie­s of various ministries and chief secretarie­s of the different states regularly take part in the video conference.

“Through the Maharashtr­a Samruddhi Corridor, we are connecting the logistic hub of India, Nagpur, to the port city Mumbai,” he said.

The Samruddhi Corridor is an ambitious infrastruc­ture project of the Fadnavis government that proposes to connect Nagpur and Mumbai through a 700-km expressway.

Fadnavis said while relief and rehabilita­tion are important for the agricultur­e sector, it was not sustainabl­e in the long run. “Relief and rehabilita­tion are important for agricultur­e but not sustainabl­e and thus we are going for more and more investment.”

“Maharashtr­a contribute­s to 40 per cent of the total dams in India but gives only 22 per cent irrigation cover. Jal Yukt Shivar (a water conservati­on scheme) is making villages water neutral.”

“Through the scheme, we have achieved climate mitigation measures, too. Only investment-based agricultur­e can be sustainabl­e,” he said.

Fadnavis and his delegation also visited Changi Airport, touted as one of the world’s best airports and a mega transporta­tion hub in South East Asia.

The chief minister also held round table discussion­s with business leaders in the city-state.

“Executives of Singapore's top companies discussed various issues, understood the investment/expansion opportunit­ies from the CM,” a released issued by the Chief Minister’s Office in Mumbai stated.

Fadnavis is visiting South Korea and Singapore to hard sell his state as an investment destinatio­n. He has already completed the South Korea leg of his visit.

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