Maharashtra To Get rs 370 Cr Concessions in Power Tariffs
The textile industry in Maharashtra is set to get 370 crore concessions in power tariff. The step will help in revival of sick textile mills and generate jobs, chief minister Devendra Fadnavis said. He also asked officials to provide interest and capital grants to the industry in the state. Power tariffs in Maharashtra are higher than that in the other states and this is one of the reasons why spinning mills incur losses.