Maharashtra CM Highlights Investment Progress and Economic Growth Targets

Maharashtra Chief Minister Devendra Fadnavis defended the state's investment initiatives and economic growth during the budget session, highlighting Maharashtra's progress toward becoming a USD one trillion economy by 2030. He emphasized the state's leading role in foreign direct investment, with a higher-than-average conversion rate of memorandums of understanding (MoUs) into actual investments, particularly those signed at Davos. Fadnavis addressed opposition criticism regarding tax collection and GDP contribution, noting steady growth and the state's economy now comparable to Belgium's.