Mumbai, July 14 (IANS) The Maharashtra Cabinet chaired by Chief Minister Devendra Fadnavis on Tuesday approved the Asset Monetisation Policy to boost revenue for Urban Local Bodies (ULBs). This aims to make ULBs financially self-reliant allowing Municipal Corporations, Municipal Councils, and Nagar Panchayats to leverage their land and properties to generate new, sustainable revenue streams.The policy has a primary objective of systematically and transparently developing civic-owned real estate….
Latest Maharashtra Cabinet News & Updates
Mumbai, July 14 (IANS) The Maharashtra Cabinet on Tuesday approved the implementation of the centrally sponsored Urban Challenge Fund (UCF) scheme (running from 2025-26 to 2030-31). It aims to transition ULBs towards market-based financing, bond issuance, and bank loans to create sustainable revenue infrastructure under three core pillars: Water & Sanitation, Creative Urban Redevelopment, and Cities as Growth Hubs.Chief Minister Devendra Fadnavis hopes that the creation of an UCF will positi…
Mumbai, July 14 (IANS) In a bid to provide relief to farmers, the Maharashtra Cabinet chaired by Chief Minister Devendra Fadnavis on Tuesday cleared modifications in the Punnyashlok Ahilyadevi Holkar Shetkari Karjmukti Yojna 2026, a massive Rs 36,585 crore scheme benefiting 56 lakh farmers across the state. For nearly 13 lakh farmers covered under the 2019 scheme, the restrictive cap of Rs 50,000 has been abolished, extending complete loan waiver benefits up to Rs 2 lakh, said the government rel…
Mumbai, July 14 (IANS) The Maharashtra State Road Transport Corporation (MSRTC), which holds prime commercial real estate across 850 locations totalling 3,500 acres, has received a major procedural boost. To prevent administrative delays, the Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis on Tuesday, exempted MSRTC’s land development projects from the strict provisions of the March 2026 state PPP policy. A high-level committee led by the Transport Minister will now oversee the …
Kolhapur, June 20 (IANS) Union Minister for Home Affairs and Cooperation, Amit Shah, on Saturday launched the ambitious Rs 1,445.97 crore Shri Ambabai (Mahalaxmi) Temple Development Plan in Kolhapur. The mega-project aims at temple conservation, heritage preservation, creating modern amenities for devotees, and boosting regional tourism. The foundation stone-laying ceremony was held in the presence of Maharashtra Chief Minister Devendra Fadnavis and Deputy Chief Minister Eknath Shinde.Prior to t…
Mumbai, June 9 (IANS) In a major move to boost administrative efficiency and bring synergy to governance, the Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis, on Tuesday approved the restructuring of various ministerial departments. With this decision, the number of existing administrative departments will increase from 33 to 45 by elevating sub-departments into independent departments. Chief Minister Devendra Fadnavis has anchored this policy on the concepts of ‘Ease of Doing…
Mumbai, June 3 (IANS) Following the transfer of the historic Air India Building at Nariman Point, Mumbai, to the Government of Maharashtra, Public Works Minister Shivendra Raje Bhosale on Wednesday conducted an on-site inspection of the premises and issued necessary instructions to officials for an structural audit. Minister Bhosale directed that a comprehensive structural audit of the building be carried out before shifting government offices there.He further instructed that interior developmen…
Mumbai, June 2 (IANS) The Maharashtra Cabinet chaired by Chief Minister Devendra Fadnavis on Tuesday approved road improvement projects worth approximately Rs 24,884 crore across the state, to be executed through the Public Works Department (PWD). Minister for Public Works, Shivendra Raje Bhosale, announced that projects worth approximately Rs 24,884 crore will be implemented for the holistic development of state roads with financial assistance from the Asian Infrastructure Investment Bank (AIIB…
Mumbai, May 26 (IANS) The Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis, on Tuesday approved naming the Sawantwadi Railway Station after the architect of the Konkan Railway, former Union Minister the late Madhu Dandavate. Following approval from the Central Government, the Sawantwadi Railway Station will be renamed “Lokmanya Madhu Dandavate Railway Terminus.”The late Madhu Dandavate, who served as the Railway Minister and Union Finance Minister, is widely regarded as the archi…
Mumbai, April 29 (IANS) The Maharashtra Cabinet chaired by Chief Minister Devendra Fadnavis on Wednesday approved the Artificial Intelligence (AI) Policy 2026 which aims for an investment of over Rs 10,000 crore and the creation of 1.5 lakh job opportunities. The Cabinet also cleared a proposal for strengthening green energy usage and transmission capacity. The AI Policy 2026 proposes the establishment of 6 AI Centres of Excellence to balance opportunities across the state and 5 AI Innovation Ci…