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Maharashtra unveils new industrial policy

Maharashtra unveils new industrial policy

MaharashtraÂ’s New Industrial Policy 2013-18 announced recently proposed an investment of Rs 5 lakh crore, jobs for two million people, new industrial corridors and attractions for micro, small and medium industries.The new policy which aims to increase the state GDP to 28 per cent will be implemented from April 1 and will be valid for five years, it was officially announced.
The government has proposed integrated industrial areas (IIA) to ensure all-round industrial development and boost the “walk to work” concept, said Chief Minister Prithviraj Chavan. Chavan said that those who have acquired land for SEZs directly from the Central government, may get it de-notified and then apply to the state government for the IIAs.
The other highlights include a 1,000 MW gas-based power plant and multi-modal logistics park in Pune, as part of the state governmentÂ’s initiatives under the Delhi-Mumbai Industrial Corridor (DMIC).

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