State expects major announcements for big-ticket projects
EXPECTING A PUSH
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-