Maharashtra Government signs MoUs worth ₹61,000 crores

In order to bring about jobs in the state, the state government has signed MoUs worth ₹61,000 crores with 25 Indian companies in more than 15 sectors.

Maharashtra Government signs MoUs worth ₹61,000 crores

On Tuesday, December 22, the state government signed a memorandum of understanding (MoUs) worth ₹61,000 crores with 25 Indian companies in more than 15 sectors under its ‘Magnetic Maharashtra’ initiative.

The MoUs were signed in the presence of Chief Minister Uddhav Thackeray and Industries Minister Subhash Desai. Moreover, these MoUs are touted to create 2.53 lakh jobs across the state. The proposed investments are from IT, pharmaceuticals, healthcare, biotechnology, food processing, steel, automobiles, engineering and oil and gas sectors among others.

Maharashtra CM Uddhav Thackeray, further assuring support to the investors stated, “It is important that entrepreneurs invest in Maharashtra even in times of crisis. The investment of ₹1,12,000 crores in just six months during the COVID-19 crisis is certainly a great example of Maharashtra for the entire country.”

On the other hand, earlier on Sunday, December 20, Thackeray, speaking about the controversy over the land in Kanjurmarg for the tentative Metro card shed, stated that the conflict can be 'resolved through dialogue', in his virtual address.

Elucidating on the clash of egos, the CM added that the land issue was not about his ego, but should not be the oppositions' either. With the Bombay High Court halting the Metro work in Kanjurmarg, Thackeray has directed officials to explore shifting of Metro car shed from the proposed Kanjurmarg land to other sites which include the land set aside for the Centre's Mumbai-Ahmedabad bullet train.

The government led by CM Uddhav Thackeray had earlier decided to shift the metro car shed from Aarey to Kanjurmarg in order to protect the greenery at the Aarey forests which led to the BJP leaders slamming the state government.

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