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Time of India
2 days ago
- Business
- Time of India
State Secured Record FDIs Last Financial Year, Surge To Continue: CM
Nagpur: Chief minister Devendra Fadnavis announced on Thursday that the state secured an unprecedented Rs1,64,875 crore in foreign direct investment (FDI) for the financial year 2024-25. This accounts for 40 percent of India's total FDI inflow and marks a 32 percent increase over the previous year. "This year, Maharashtra has broken its own records for the last decade," Fadnavis said in a post on X. He added that the state had already surpassed its previous high within the first nine months of the fiscal year, crediting the surge to the 'leadership of deputy chief ministers Eknath Shinde and Ajit Pawar, and the collective effort of the state cabinet'. The chief minister highlighted that the final quarter alone — from January to March 2025 — brought in Rs25,441 crore in FDI, solidifying Maharashtra's position as India's top destination for foreign investment. "Under the leadership of my colleagues Shinde, Pawar and the cabinet, this race for our Maharashtra will continue," Fadnavis said. Official data shared by the chief minister showed Maharashtra's FDI trajectory over the past decade, with major fluctuations: Rs61,482 crore in 2015-16, rising to Rs1,31,980 crore in 2016-17, and rebounding to Rs1,19,734 crore in 2020-21 after brief dips. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like เทรด CFDs ด้วยเทคโนโลยีเทรดสุดล้ำ และ รวดเร็วกว่า IC Markets อ่านเพิ่มเติม Undo The figure for 2024-25 marks the highest to date. Industry experts attribute Maharashtra's continued success in attracting foreign investment to its robust infrastructure, skilled workforce, and investor-friendly policies, even amid broader economic uncertainties. Mumbai's longstanding role as India's financial capital has also bolstered the state's appeal to global investors. The record-breaking figure comes as the Mahayuti coalition, comprising the BJP, Eknath Shinde-led Shiv Sena, and NCP headed by Ajit Pawar, readies for local elections later this year. The FDI milestone is likely to feature prominently in the ruling alliance's pitch to voters, with Fadnavis presenting it as evidence of the state's economic resilience and growth. According to data compiled by the department for promotion of industry and internal trade (DPIIT) through December 2024, Maharashtra leads the country in FDI inflow, followed by Karnataka and Gujarat. The final quarter of the financial year, Fadnavis noted, will only further strengthen Maharashtra's standing. "Of course, there is still one quarter left in this financial year," he added.


Time of India
4 days ago
- Politics
- Time of India
Prompt repairs to Nira canal could've prevented breach: Yugendra
Pune: Yugendra Pawar, grandnephew of NCP (SP) chief Sharad Pawar, who contested the assembly election against his uncle Ajit Pawar from Baramati, on Wednesday criticised the standard of works carried out in and around Baramati. Parts of Baramati, Indapur, and Daund tehsil in Pune district faced crop damage and flooding in some residential areas after the heavy rain on Sunday that also caused the Nira right bank canal to breach. Yugendra visited the affected areas on Wednesday and interacted with people who told him that the situation had not turned normal. "These canals are old, some are from the British era and needed regular inspection. If they (state administration) reviewed the condition of canals every two to five years, cracks can be repaired and such disasters prevented," Yugendra said. Deputy chief minister Ajit Pawar represents Baramati constituency and claims that he is responsible for the maximum development of the tehsil. Yugendra did not name his uncle but criticised the administration for not carrying out diligent pre-monsoon works. "There is some damage in Baramati town and we will have to go deeper to find out the reasons. There has been no casualty. There were pipelines and drains in place, but they were not cleaned before the monsoon. Such incidents are not limited only to Baramati. The state govt spent crores of rupees on the Metro in Mumbai, but its ceiling collapsed. Similarly, the Worli station was flooded after the first rain. Poor work is a problem across the state," Yugendra added.


Hindustan Times
4 days ago
- Politics
- Hindustan Times
Shah meets CM, Dy CMs during curtailed visit to city
Mumbai: Union home minister and senior BJP leader Amit Shah held meetings with chief minister Devendra Fadnavis and deputy chief ministers Eknath Shinde and Ajit Pawar before curtailing his Mumbai visit and returning to New Delhi on Tuesday afternoon. The home minister met Fadnavis and Shinde together on Tuesday morning while his meeting with Pawar was held on Monday, said sources in the Mahayuti alliance. Shah's meetings with top leaders of the alliance assumes significance in light of upcoming elections to 687 local bodies in the state including the Brihanmumbai Municipal Corporation (BMC). In the meeting with Fadnavis and Shinde, discussions were held about the three parties contesting the local polls together and the seat-sharing arrangement for civic polls in Mumbai and other cities, said a senior BJP leader. Ajit Pawar raised some issues related to his party during his meeting with Shah, said an NCP minister. On Tuesday, Shah presented the state government's newly constituted 'Chhatrapati Sambhajiraje Rajya Prerna Geet Award' to the song 'Anadi me, Anant me, Awadhya me' (I am without an end, without a start, invincible), written by Savarkar. The award was presented to Savarkar's kin Ranjit Savarkar, at Varsha, the official residence of the chief minister. Shah left for Delhi thereafter, upending plans of inaugurating the Veer Savarkar Study and Research Centre at Mumbai University. State officials and BJP leaders said they were not aware why Shah's visit was curtailed. Earlier in the day, Shah attended a programme commemorating 150 years of the Lakshminarayan Temple in Madhavbaug. He said he was born in Mumbai and three of my sisters were married in the temple premises. He also extolled the initiatives taken by the temple in the education sector. 'This tradition has been going on for 150 years and it is a matter of great pride for all of us. We have to think that when we celebrate the completion of 200 years, what will be the form of this trust. Can we convert this trust into a religious centre that removes all the worries of the middle-class society,' Shah said. The home minister suggested that a wellness centre be built in the temple premises for the ailing citizens utilising the centre's health schemes. Chavan set to be new state BJP chief State BJP chief Chandrashekhar Bawnakule on Tuesday indicated that the party's working president Ravindra Chavan would be his successor. 'Chavan is our working president and soon he will be the state BJP president,' Bawankule said during a programme at the BJP office, while admitting former NCP MLA Dilip Wagh into the party. Bawnakule was inducted as revenue minister in the Mahayuti government last year.

The Hindu
5 days ago
- Politics
- The Hindu
Pawar family and Thackeray family should reunite, says Maharashtra Cabinet Minister
Batting for the re-unification of the Thackeray cousins and the Pawar uncle-nephew duo, Maharashtra Cabinet Minister Chhagan Bhujbal said that he would want the Thackeray family and the Pawar family to come together. 'Who likes to see the families being split like this? I would want them to come together. But I also know that it is not going to happen,' he told The Hindu in an exclusive interview for 'Pulse Maharashtra', a show on The Hindu's YouTube channel. The statement is significant on the background of the speculations in Maharashtra politics about the re-unification of Thackeray cousins – Raj Thackeray and Uddhav Thackeray. There have been speculations about Sharad Pawar and Ajit Pawar too coming together. Sharad Pawar and his nephew Ajit Pawar split ways after Ajit Pawar, in 2023, staked a claim to the party formed by Sharad Pawar. Also Read | Chhagan Bhujbal slams Banthia panel report on OBCs 'I have seen them together. I have seen the kind of love that the Thackeray family had for Raj Thackeray. During each vacation or holiday, Balasaheb Thackeray would call Raj over to his residence. The family would not have lunch till Raj arrived. Such was the love the family shared towards him. Then, the family split. It does not feel nice for the families to be separated. Similarly, about Ajit Pawar. I have seen him since very young days. He was groomed under the tutelage of Sharad Pawar. Who likes to see them apart? Even I want the families to be together. But I know, it will not happen. They will not come together,' he said. Recently, Raj Thackeray had said that it will not be easy to wipe off the legacies of the Thackeray and Pawar families. He had said that the families have left their mark not just in regional politics, but also in national politics, and that there was an effort to 'finish off' their names from politics. Chhagan Bhujbal was recently inducted in the Maharashtra cabinet, days after he had publicly expressed strong reservations against his party leader Ajit Pawar's decision to exclude him earlier. From OBC reservation to the State politics, from Maratha quota demand to slamming Manoj Jarange-Patil, and from Thackerays to the Pawars, he spoke on a range of topics in a free-wheeling conversation. To watch the entire interview, please visit The Hindu's YouTube channel for 'Pulse Maharashtra'.


Indian Express
6 days ago
- Politics
- Indian Express
Flooding in Pune: Congress, AAP target Ajit Pawar, call his planning negligent
As parts of Pune city and district including the Pawar family stronghold of Baramati, Daund and Indapur witnessed severe flooding, the Maharashtra Congress targeted Deputy Chief Minister Ajit Pawar, claiming he had been negligent in ensuring a proper plan was put in place. The Aam Aadmi Party also alleged that Ajit Pawar has been busy giving media bytes but has come a cropper on the planning front. 'Ajit Pawar has been the deputy chief minister and district guardian minister of Pune for years. Despite this, Pune city and district has suffered from severe flooding. This only shows that no proper planning has been put in place. Ajit Pawar has been negligent on this count. All this is due to the nexus with the builder lobby,' said Congress leader Nana Patole who is the former MPCC president. Patole said Ajit Pawar has nothing to do with the people. 'And that is exactly the reason the entire state is suffering today. There is flooding and sewage all over the state. On one hand, Maharashtra is suffering the flood nightmare and on the other hand the rulers are preparing to welcome Home Minister Amit Shah in Nanded,' he said. AAP State spokesperson Mukund Kirdat said,'The severe flooding in at least three talukas and even in parts of Pune shows that the administration was not prepared to handle the situation. A canal was burst, several houses were submerged, highways were flooded and traffic took a massive hit in the last two days. Everything went haywire just as the monsoon neared. This has clearly exposed that Mahayuti government and Ajit Pawar had not taken strong steps to anticipate such a situation. Ajit Pawar is found most of the time giving bytes to the media and playing to the gallery.' Kirdat said the current situation has shown that there was a pressing need to consider climate change. 'The warning was always there. We have been witnessing climate change for the past few years. It seems the administration and the government have not given thought about climate change while planning,' he said. MPCC chief Harshavardhan Sapkal said that with the very first heavy rain of the season, corruption in the state government and the Mumbai civic body was exposed as Mumbai's streets turned into drains. He also said the rain exposed the way things were planned in other parts of the state, including in Baramati, Daund and Indapur talukas. 'Roads and railway tracks were flooded, and office-goers in Mumbai faced immense hardships. The BMC spends crores of rupees annually on pre-monsoon works and drain-cleaning, yet every year tells the same story. It is because contractors and those in power are looting public money and lining their own pockets that Mumbaikars are suffering,' alleged Sapkal. Sapkal said, be it Mumbai or other parts of the state, 'In a place like Baramati where the Pawar's have ruled, a canal burst. In neighbouring Daund, several houses were submerged, and highways went out of bounds…It has exposed the functioning of the Mahayuti government. One bout of rain has exposed the corrupt governance of the BJP, Shinde Sena, and Ajit Pawar's alliance. Their 'efficiency' is such that they might need boats to go door-to-door asking for votes in the upcoming elections. Every year, the BMC spends crores on pre-monsoon work, yet the question arises: Where does the money really go? These conditions are the result of a corrupt alliance between Mantralaya, BMC administration and contractors…The situation elsewhere in the state is no different,' he said. Manoj More has been working with the Indian Express since 1992. For the first 16 years, he worked on the desk, edited stories, made pages, wrote special stories and handled The Indian Express edition. In 31 years of his career, he has regularly written stories on a range of topics, primarily on civic issues like state of roads, choked drains, garbage problems, inadequate transport facilities and the like. He has also written aggressively on local gondaism. He has primarily written civic stories from Pimpri-Chinchwad, Khadki, Maval and some parts of Pune. He has also covered stories from Kolhapur, Satara, Solapur, Sangli, Ahmednagar and Latur. He has had maximum impact stories from Pimpri-Chinchwad industrial city which he has covered extensively for the last three decades. Manoj More has written over 20,000 stories. 10,000 of which are byline stories. Most of the stories pertain to civic issues and political ones. The biggest achievement of his career is getting a nearly two kilometre road done on Pune-Mumbai highway in Khadki in 2006. He wrote stories on the state of roads since 1997. In 10 years, nearly 200 two-wheeler riders had died in accidents due to the pathetic state of the road. The local cantonment board could not get the road redone as it lacked funds. The then PMC commissioner Pravin Pardeshi took the initiative, went out of his way and made the Khadki road by spending Rs 23 crore from JNNURM Funds. In the next 10 years after the road was made by the PMC, less than 10 citizens had died, effectively saving more than 100 lives. Manoj More's campaign against tree cutting on Pune-Mumbai highway in 1999 and Pune-Nashik highway in 2004 saved 2000 trees. During Covid, over 50 doctors were asked to pay Rs 30 lakh each for getting a job with PCMC. The PCMC administration alerted Manoj More who did a story on the subject, asking then corporators how much money they story worked as doctors got the job without paying a single paisa. Manoj More has also covered the "Latur drought" situation in 2015 when a "Latur water train" created quite a buzz in Maharashtra. He also covered the Malin tragedy where over 150 villagers had died. Manoj More is on Facebook with 4.9k followers (Manoj More), on twitter manojmore91982 ... Read More