31.1.15

Mumbai Next


The Maharashtra state government will hold a transformation summit for the Mumbai Metropolitan Region (MMR) on February 6 to give weight to Mumbai's demands before the Union budget and get funds allocated. Industrialists and Bollywood biggies will be invited to it. The previous government's plans to turn Navi Mumbai, Wadala, Jogeshwari and Kalyan into financial hubs will be given a push. The government also plans to make a time-bound programme to clear project hurdles and make execution faster.
According to chief minister Devendra Fadnavis, investments and projects the government has planned for Mumbai has the potential to generate $50 billion in revenue for the state.
Fadnavis said that at the summit, titled `Mumbai Next', the government would come up with an execution plan instead of just discussing projects, so that matters can be placed before business heads for implementation.“Industrialists like Cyrus Mistry and Mukesh Ambani, and Bollywood biggies like Amitabh Bachchan and Aamir Khan will participate in the meet. Union finance minister Arun Jaitley and Union minister of state for finance Jayant Sinha will also be there,“ he said. “Representatives of the World Bank and the European Council and foreign business heads will also participate.“
Interestingly, most of the projects had been put in execution mode by the previous Congress-NCP government.They include Nhava-Sewri transharbour sea link, coastal road from Cuffe Parade to Marve, and Metro routes Dahisar-Charkop-Bandra Mankhurd, Colaba-Bandra-Airport-Seepz and Wadala-Ghatkopar-Kasarvadavali-Teen Hath Naka. Also part of the agenda will be the Navi Mumbai Airport-Influenced Notified Area (NAINA), which was framed in 2013, and growth centres on the lines of the BKC in Kalyan, Ulhasnagar, Bhiwandi, Ambernath, Vasai, Wadala, Kalwa and Oshiwara.

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