Oracle has signed a Memorandum of Understanding with the Maharashtra government in San Francisco for the creation of a Center of Excellence, a research platform for designing, developing, and testing new capabilities for delivering better governmental services to citizens and business entities.
The Maharashtra government has signed a memorandum of understanding (MoU) with Malaysia-based CIDB Holdings for Nagpur-Mumbai Samruddhi Corridor. It is expected that the CIDB Holdings will invest sizable amount of funds from Rs.10,000 crore to Nagpur-Mumbai Samruddhi Corridor worth Rs.30,000 crore.
Maharashtra is the most industrialised state in the country and is one of the prime movers of IndiaÂ´s success story. Like a true leader, Maharashtra has been showing the way to emulate in fields varying from infrastructure to industrialisation and from education to research.
By signing Memorandums of Understanding (MoUs) worth Rs.8 lakh crore, Maharashtra managed to outpace other states in the recently held Make in India week. The MoUs being signed by various companies, and with these firms indicating their investment intentions, clearly showcases the faith being reposed in Maharashtra by the industry.
Maharashtra government will soon bring in an off-grid energy policy to promote rooftop solar power generation and provide subsidy to cooperative housing societies and government buildings to encourage electricity generation through the non-conventional method.
Even as the Maharashtra government is pushing for a Virar-Alibaug multi-modal corridor that will be instrumental in creating new growth centres outside Mumbai, a key public transport element that will make the project genuinely Â´multimodalÂ´ has been put on the backburner.
The Maharashtra government has contacted the Centre, demanding release of pending funds for major infrastructure projects in Mumbai and across the State. The letter was handed over by CM Devendra Fadnavis to Union Urban Development minister M Venkaiah Naidu.