Maharashtra Budget 2019: State government to set up industrial parks in every tehsil to create jobs, to spend Rs 300 crore

Maharashtra Budget 2019: State government to set up industrial parks in every tehsil to create jobs, to spend Rs 300 crore

FPJ Web DeskUpdated: Wednesday, June 19, 2019, 11:06 AM IST
article-image
Photo by BL Soni

In a major push toward employment in Maharashtra, the state government on Tuesday during the budget it said that it would set up industrial parks in every tehsil for micro, small and medium industries to create jobs.

According to the Hindustan Times, the Maharashtra government as part of the pilot project will start creating industrial parks in 50 tehsils. For this, the state government has made a provision of Rs 300 crore. The Maharashtra government also introduced Chief Minister Employment Generation Programme (CMEGP) to encourage youth towards self-employment.

“Micro, small and medium industries have more potential of employment generation compared to big industries. So, the government will give an impetus to these industries by setting up industrial parks in 50 tehsils under a pilot project. Of the total plots developed under the scheme, 30% will be reserved for women entrepreneurs. We plan to set up 10,000 small industries, giving preference to women, entrepreneurs from scheduled caste (SC) and scheduled tribes (ST),” State finance minister Sudhir Mungantiwar told the Hindustan Times.

In the meanwhile, the Maharashtra government has allocated Rs 500 crore in its Budget for procuring modern weapons, instruments, and technologies to put an end to Naxal activities in the affected areas of the state. It also includes funds for special skill development programmes to provide employment to youth in the Naxal affected areas. For the above purpose, an outlay of Rs 150 crore is being proposed for the year 2019-20. Also, Rs 300 crore has been sanctioned to build world-class facilities for 2024 Olympics, said Finance Minister Sudhir Mungantiwar while presenting the Budget in the Legislative Assembly on Tuesday.

RECENT STORIES

Shiv Sena UBT Lok Sabha Candidate Amol Kirtikar Receives 2nd ED Summons In Khichdi Scam Case; Asked...

Shiv Sena UBT Lok Sabha Candidate Amol Kirtikar Receives 2nd ED Summons In Khichdi Scam Case; Asked...

Mumbai: Drugs Sent In Foreign Post; 1 Arrested

Mumbai: Drugs Sent In Foreign Post; 1 Arrested

Mumbai: Western Railway Official Gets 3-Year Jail In Corruption Case

Mumbai: Western Railway Official Gets 3-Year Jail In Corruption Case

Mumbai: Churchgate Reataurant Owner Accuses Former Manager Of Extortion

Mumbai: Churchgate Reataurant Owner Accuses Former Manager Of Extortion

Maharashtra Lok Sabha Elections 2024: Shiv Sena UBT Firm On Contesting From Sangli; 'Nobody Should...

Maharashtra Lok Sabha Elections 2024: Shiv Sena UBT Firm On Contesting From Sangli; 'Nobody Should...