State ex­pects ma­jor an­nounce­ments for big-ticket projects


Hindustan Times ST (Mumbai) - - METRO - Faisal Ma­lik

MUM­BAI: Ma­ha­rash­tra ex­pects some ma­jor an­nounce­ments to­day for its big-ticket in­fra­struc­ture project for Mum­bai Metropoli­tan Re­gion and al­lo­ca­tion for the drought mit­i­ga­tion mea­sures.

The state is also ex­pect­ing spe­cial at­ten­tion to ru­ral econ­omy con­sid­er­ing se­vere agrar­ian cri­sis.

Though the Cen­tre al­lo­cated the fi­nan­cial as­sis­tance of Rs 3049crore two months ago, the next three months are go­ing to be the real chal­lenge in the wake of one of the worst-hit drought in the re­cent past in the state.

The num­ber of tankers and the fod­der de­pots are on the rise, and the wa­ter sources dry­ing up, the state is ex­pect­ing more funds to fight the cri­sis.

The state, which has big ex­pec­ta­tions from this bud­get con­sid­er­ing its own prob­lems and need for a push in the race of de­vel­op­ment, has ex­pec­ta­tions for the big projects like Mum­bai-nagur Su­per Ex­press­way, In­ter­na­tional Fi­nan­cial Ser­vices Cen­tre at BKC and as­sis­tance to Metro projects.

Though the state has a debt bur­den of more than Rs 3.50 lakh crore the Deven­dra Fad­nav­isled BJP gov­ern­ment in the state wants to bring in re­forms in in­dus­trial sec­tor and si­mul­ta­ne­ously try­ing to tackle the cri­sis with avail­able re­sources.

The state gov­ern­ment has planned an In­ter­na­tional Con­ven­tion Cen­tre near Mum­bai which will cost around Rs750 crore. It will be the big­gest con­ven­tion cen­tre in the world and the state has sought fi­nan­cial sup­port of Rs 500 crore from the Six-lane project with es­ti­mated cost of Rs30,000 crore. The project looks to bring travel time down from 14 hours to 8 hours. Com­ple­tion of project by early 2018-19 Big­gest ever con­ven­tion cen­tre across the world. Es­ti­mated cost is Rs750 crore. Ma­ha­rash­tra has sought as­sis­tance of Rs500 crore for its de­vel­op­ment. Also known as Se­va­gramwardha-paw­nar de­vel­op­ment project. The project that costs around Rs266 crore aims at re­viv­ing Se­va­gram

Wardha and Paw­nar, which are places known to be im­por­tant in the life of Ma­hatma Gandhi. The state has sought two-third of the to­tal cost of the project from the cen­tre.

Mun­gan­ti­war, state fi­nance min­is­ter told HT. To pur­sue his de­mands, the fi­nance min­is­ter has re­cently met Arun Jait­ley in New Delhi. “We have also sought two-third amount of the to­tal cost as fi­nan­cial aid from the Cen­tre for ‘Gandhi for­to­mor­row’ project also known as Se­va­gram-wardha-

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