Maharashtra's Ambitious Infrastructure and Investment Blueprint

Maharashtra's Finance Minister Ajit Pawar announced the Vadhvan port in Palghar will be operational by 2030. The state's new policy aims to attract Rs 40 lakh crore in investments and create 50 lakh jobs. Developments include the Mumbai Metropolitan Region's growth as an economic hub, a new health policy, and enhanced airport facilities.

Maharashtra Finance Minister Ajit Pawar revealed ambitious plans in his state budget, highlighting the operationalization of Vadhvan port by 2030 in Palghar district. This is part of a broader industrial policy focusing on a massive Rs 40 lakh crore investment to create 50 lakh jobs statewide.

Pawar announced that the Mumbai Metropolitan Region is poised to emerge as a significant growth hub with expectations of its economy hitting a USD 1.5 trillion mark by 2047. The budget also introduced a new health and senior citizens' policy, aiming to provide comprehensive care improvements.

The infrastructure developments extend to the aviation sector with domestic flights commencing soon from Navi Mumbai International Airport and a new night landing facility at Shirdi airport. These projects are in line with connecting Mumbai's airports through enhanced Metro service, further boosting the region's connectivity and economic prospects.

(With inputs from agencies.)