Latest news with #MaharashtraCabinet
Entrepreneur
06-08-2025
- Business
- Entrepreneur
Maharashtra Cabinet Approves Startup Policy, Freight Corridor and Land Reforms
For the textile sector, the government approved a grant of INR 50 crore for 1,124 workers of the Nagpur Weavers' Cooperative Spinning Mill. The funds will be generated from the sale of the mill's land. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. The Maharashtra Cabinet on Tuesday cleared several significant proposals aimed at boosting economic growth, infrastructure, and social welfare. According to a statement from the Chief Minister's Office, the state has adopted the Maharashtra Startup, Entrepreneurship and Innovation Policy 2025. The initiative is designed to encourage skill development, promote entrepreneurship, and support innovation across various sectors. In a major infrastructure move, the cabinet approved the development of a new freight corridor linking Vadhavan Port in Palghar district to the Hindu Hriday Samrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg at Bharvir. Project planning and land acquisition for the corridor have been finalised. Land reform measures also received a nod. A policy for disposing of unviable government land, including small, narrow, inaccessible, or landlocked plots unsuitable for construction, has been sanctioned. Additionally, the Maharashtra State Road Transport Corporation has been allowed to monetise surplus land through a revised policy for commercial use of its additional holdings. For the textile sector, the government approved a grant of INR 50 crore for 1,124 workers of the Nagpur Weavers' Cooperative Spinning Mill. The funds will be generated from the sale of the mill's land. In the healthcare and welfare sector, the cabinet decided to raise the monthly grant for non-government organisations working with leprosy patients from INR 2,000 to INR 6,000, enhancing support for those in need. Officials said these decisions reflect the government's focus on fostering economic progress while ensuring social inclusion.
The Hindu
01-07-2025
- Politics
- The Hindu
Farmers demonstrate against land survey for Shaktipeeth expressway project
Farmers in various districts of Marathwada demonstrated on the streets on Tuesday (July 1, 2025) opposing the land survey for the proposed Nagpur-Goa Shaktipeeth Expressway project. Agitating farmers expressed concerns over the acquisition of their fertile land for the 802-kilometre greenfield, access-controlled, six-lane corridor that will connect central and western Maharashtra to Goa. The protests were renewed after the Maharashtra Cabinet on June 24 approved the acquisition of land for the project. Also Read | Maharashtra Cabinet clears ₹20,787 crore for Shaktipeeth Expressway amid farmers' opposition The expressway will pass through Nanded, Hingoli, Parbhani, Beed, Latur and Dharashiv districts in the Marathwada region, an official said. Farmers staged a sit-in protest on a road at Malegaon in Ardhapur taluka of Nanded district, vowing not to part with their land. "The government has ignored agriculturists while surveying for the Shaktipeeth project. We will oppose the survey," Nanded MP Ravindra Chavan told PTI. Also Read | Farmers march to Mumbai, demand scrapping of Shaktipeeth project Farmers sat on the Nanded-Washim Road in Hingoli district, briefly disrupting the vehicular traffic. "I am opposing this project as my orchard will be acquired, rendering me landless," a protester said. Another farmer said the compensation for the acquisition of land won't last forever. "I hold two acres of land which will be acquired for the expressway project. What's the use of compensation? It will not last forever. As a farmer, I am dependent on land", he said. Similar agitations were staged in parts of Beed and Dharashiv districts. Named after the revered Shakti Peethas or important Hindu pilgrimage sites, the expressway is envisioned to improve connectivity to religious sites and boost regional development. The expressway will link 18 major pilgrimage sites, including Shaktipeeths such as those dedicated to goddesses Renuka Devi in Mahur, Tulja Bhavani in Tuljapur, Mahalakshmi in Kolhapur, and Patradevi in Goa. Originating from Pavnar in Wardha district in eastern Maharashtra to Patradevi in Sindhudurg on the Maharashtra-Goa border, the expressway will pass through 12 districts.
Time of India
13-06-2025
- Business
- Time of India
Liquor sales volumes to decline after steep, abrupt increase in duty: CIABC to Maharashtra government
The recent hike in the excise duty by the Maharashtra government will push the IMFL whisky MRP by about 85 per cent, which will lead to a significant drop in sales volumes, industry body CIABC has said. Expressing concerns over the recent Maharashtra Cabinet decision to hike excise duty on Indian Made Foreign Liquor (IMFL), CIABC said it could severely disrupt the market, erode the competitiveness of national brands, and jeopardise the availability of legitimate alcoholic beverages in the state. Moreover, the government's decision to not increase the excise duty on Beer would create an "uneven playing field" in the alchoBev market, CIABC said, urging the state government to rethink and reconsider the hike, which may trigger serious consequences. This will also lead to downtrading in the state, compelling a shift toward lower-category products, CIABC said, adding that "if implemented in toto, will have far-reaching adverse impact". On Tuesday, the Maharashtra government decided to increase the excise duty on IMFL and country liquor. Now, IMFL will be subject to an excise duty that is 4.5 times the manufacturing cost. However, the state government has not decided to increase excise duty on beer, a move criticised by several alcohol beverage players. CIABC further said the IMFL industry contributes approximately 60 per cent of the total Excise Revenue of the state. Questioning the rationale for not increasing excise duty on beer, CIABC said the excise Duty collected from a single case of IMFL is equivalent to that from four cases of beer, underscoring the critical importance of this category. "Furthermore, duty increase on IMFL, without corresponding changes for a category, such as beer, will create an uneven playing field and distort category dynamics, leading to possible adverse impact on revenue. The Confederation of Indian Alcoholic Beverage Companies (CIABC) said a steep and abrupt increase in MRP (maximum retail price) would destabilise consumer accessibility and purchasing power, particularly within the mass-market segment which caters to the common man. "This will lead to a significant drop in legal sales volumes, overlooking the interest of industry and its substantial investment in the state," CIABC Director General Anant S Iyer said, adding that it will also endanger the employment of people engaged in the entire value chain from farm to consumer. This will also lead to the proliferation of illicit, spurious liquor and counterfeit brands. It will also increase dumping from neighbouring states and may erode Maharashtra's tax collection. "Maharashtra shares borders with states that are porous. These states have similar brands which have lower MRPs for IMFL. Any additional price escalation will trigger large-scale dumping (exfiltration) from these states, resulting in illicit inflows that damage legitimate trade and erode the state's tax base," it said. CIABC said the retail price structure must align with consumer affordability. "We request that further deliberations be held with all stakeholders to arrive at a balanced, data-driven, and sustainable course of action that protects both revenue interests and the long-term viability of the IMFL sector in Maharashtra," CIABC noted. Earlier in the day, the Brewers Association of India (BAI) defended the Maharashtra government's recent decision to increase excise duty on IMFL whisky and not on beer, saying that taxes on beer are already very high in the state compared to other markets. Tax reforms were undertaken for beer in 2018-19, and it was long overdue for spirits, said BAI, a body of the top three beer companies - UBL, Brewer Anheuser-Busch InBev (AB InBev), which owns brands as Budweiser, Hoegaarden and Corona along with Carlsberg which operates here with Carlsberg and Tuborg brands, together accounting for around 85 per cent of sales in India.>
Time of India
12-06-2025
- Business
- Time of India
Liquor sales volumes to decline after steep, abrupt increase in duty: CIABC to Maharashtra government
The recent hike in the excise duty by the Maharashtra government will push the IMFL whisky MRP by about 85 per cent, which will lead to a significant drop in sales volumes, industry body CIABC has said. Expressing concerns over the recent Maharashtra Cabinet decision to hike excise duty on Indian Made Foreign Liquor (IMFL), CIABC said it could severely disrupt the market, erode the competitiveness of national brands, and jeopardise the availability of legitimate alcoholic beverages in the state. Moreover, the government's decision to not increase the excise duty on Beer would create an "uneven playing field" in the alchoBev market, CIABC said, urging the state government to rethink and reconsider the hike, which may trigger serious consequences. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Kulkas yang belum Terjual dengan Harga Termurah (Lihat harga) Cari Sekarang Undo This will also lead to downtrading in the state, compelling a shift toward lower-category products, CIABC said, adding that "if implemented in toto, will have far-reaching adverse impact". On Tuesday, the Maharashtra government decided to increase the excise duty on IMFL and country liquor. Now, IMFL will be subject to an excise duty that is 4.5 times the manufacturing cost. Live Events However, the state government has not decided to increase excise duty on beer, a move criticised by several alcohol beverage players. CIABC further said the IMFL industry contributes approximately 60 per cent of the total Excise Revenue of the state. Questioning the rationale for not increasing excise duty on beer, CIABC said the excise Duty collected from a single case of IMFL is equivalent to that from four cases of beer, underscoring the critical importance of this category. "Furthermore, duty increase on IMFL, without corresponding changes for a category, such as beer, will create an uneven playing field and distort category dynamics, leading to possible adverse impact on revenue. The Confederation of Indian Alcoholic Beverage Companies (CIABC) said a steep and abrupt increase in MRP (maximum retail price) would destabilise consumer accessibility and purchasing power, particularly within the mass-market segment which caters to the common man. "This will lead to a significant drop in legal sales volumes, overlooking the interest of industry and its substantial investment in the state," CIABC Director General Anant S Iyer said, adding that it will also endanger the employment of people engaged in the entire value chain from farm to consumer. This will also lead to the proliferation of illicit, spurious liquor and counterfeit brands. It will also increase dumping from neighbouring states and may erode Maharashtra's tax collection. "Maharashtra shares borders with states that are porous. These states have similar brands which have lower MRPs for IMFL. Any additional price escalation will trigger large-scale dumping (exfiltration) from these states, resulting in illicit inflows that damage legitimate trade and erode the state's tax base," it said. CIABC said the retail price structure must align with consumer affordability. "We request that further deliberations be held with all stakeholders to arrive at a balanced, data-driven, and sustainable course of action that protects both revenue interests and the long-term viability of the IMFL sector in Maharashtra," CIABC noted. Earlier in the day, the Brewers Association of India (BAI) defended the Maharashtra government's recent decision to increase excise duty on IMFL whisky and not on beer, saying that taxes on beer are already very high in the state compared to other markets. Tax reforms were undertaken for beer in 2018-19, and it was long overdue for spirits, said BAI, a body of the top three beer companies - UBL, Brewer Anheuser-Busch InBev (AB InBev), which owns brands as Budweiser, Hoegaarden and Corona along with Carlsberg which operates here with Carlsberg and Tuborg brands, together accounting for around 85 per cent of sales in India.
