Summary:
The state government on Monday hinted that it will achieve an ambitious target of $1-trillion economy by 2025 from the present $ 475-billion economy. State finance minister Sudhir Mungantiwar told DNA that the goal to make Maharashtra a $1 trillion economy is challenging but can be achieved. Industrial proposals with proposed investment of Rs 12.86 lakh crore were approved between August 1991 and February 2019. Of these, 9098 projects were commissioned (44.8%) with an investment of Rs 3.06 lakh crore (23.8%) and generated employment of about 13.23 lakh. Of the Rs 6.90 lakh crore, the state received FDI worth Rs 3.99 lakh crore between 2014-15 and 2018-19..