Fadnavis Leads Maharashtra's Push for Economic Growth

Fadnavis Leads Maharashtra's Push for Economic Growth.webp

Mumbai, April 8 – Chief Minister Devendra Fadnavis instructed the administration on Wednesday to focus on the speedy and effective implementation of the vision document for Viksat Maharashtra 2047, so that the state can transcend being merely a large economy and become a leader in per capita income.

He said that the period from 2026 to 2030 is critical for both the state and the nation, and directed all departments to focus on achieving measurable targets by 2030.

The Chief Minister was speaking at a meeting of the Vision Management Regulatory Board, held today to review the implementation of the 2047 roadmap.

CM Fadnavis emphasised that any vision remains a mere paper exercise without a solid implementation policy.

He said the state has established a Vision Management Unit to conduct in-depth discussions with every department, and targets have been clearly bifurcated to be achieved by 2030.

While advanced districts will leverage new technology for faster growth, the Chief Minister highlighted that the 11 underdeveloped districts hold massive potential and must become the next growth engines to bridge the gap with the national average.

He stressed that action plans must be Specific, Measurable, and Time-bound (SMT), with 100 per cent target completion aimed for within the next four years.

The Chief Minister clarified that no separate massive funds would be allocated for this vision; instead, work must be done within the existing financial framework.

He urged a shift away from “Business as Usual” and directed departments to proactively secure funds from Central Sector and Centrally Sponsored Schemes.

“There is no dearth of funds in the state, but rather a lack of a viable project pipeline,” he remarked.

He noted that projects must be ready and robust enough to attract funding from sources like Public-Private Partnership models, the Asian Development Bank, and the World Bank.

He also mandated that the impact of any policy be measured 6 months to 1 year after its announcement.

To ensure transparency and accountability, CM Fadnavis instructed that all departments must finalise their action plans in coordination with the Finance Department by April 30. Progress will be tracked via a Dynamic Monitoring Dashboard. Regular reviews will be conducted to ensure every department meets its benchmarks.

During the session, Principal Secretary (Planning) A. Shaila gave a comprehensive presentation on the Mission Document. This was followed by detailed presentations from departments including Agriculture, Industry, Tourism, Urban Development, Energy, Health, and Education, detailing their specific roadmaps toward the 2047 goal.

The Chief Minister concluded by expressing satisfaction with the groundwork laid so far and called on all departments to work in coordination and with responsibility to turn the dream of Viksat Maharashtra 2047 into a reality.
 
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action plans departmental targets district development economic development economic growth financial planning maharashtra performance monitoring project pipeline public-private partnership state government strategic planning sustainable development viksat maharashtra 2047 vision document
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