Maha economy to become trillion dollar by 2030: CM

Mumbai, Dec 13 (Representative) Chief Minister Devendra Fadnavis on Friday expressed that Maharashtra will be able to achieve the target of a trillion-dollar economy in between 2028 and 2030. Speaking at inaugural function of the three-day World Hindu Economic Conference held at Jio World Convention Centre, Bandra-Kurla Complex in suburban Bandra, he listed out various development policies that are being implemented to make Maharashtra the most developed state in the country. “We are going to make the economy of the state worth trillion dollars. Last year, the state crossed the target of half a trillion,” he informed. Fadnavis further said that Mumbai is the financial capital of the country but it will become the fintech capital in the future. Talking about the country’s progress over past years, he noted that India’s spectacular progress has stunned the entire world. India, which is advancing at the highest speed, is emerging as the third superpower in the world, he said. “The people of the world were saying that how can a country with such a large population progress? But the skilled manpower of the country is the important tool of development, and we are taking everyone along in the development,” he further said.

“Along with the country, Maharashtra is also moving ahead at a great pace today. An advisory committee has been set up to make Maharashtra the most developed state in the country and through this, the strategies for the development of Maharashtra are being planned based on the study of which areas Maharashtra can move forward,” he said. Globally, Maharashtra is making a chain to complement development, he informed. The Chief Minister said that the state government was trying to set up the most dynamic road network and cited example of the Nagpur-Mumbai Samriddhi Highway. The 700-km-long highway connects 16 districts in the state to the JNPT port, creating a very good supply chain, he said. The state government is focusing on enabling infrastructure such as roads, aviation, port development, Fadnavis pointed. He also said that the World Hindu Economic Council has proposed different concepts based on India’s culture and development principles in various sectors. “There is a fundamental gap between our culture and the West. In the Western culture only those who are capable can develop, but every person born in our culture has the right to develop himself,” he added while making a comparison of Indian and Western concept of development.