February 2018

MAHARASHTRA PM Narendra Modi lays foundation stone of Navi Mumbai International Airport   Prime Minister Narendra Modi has laid the foundation stone of the New Mumbai International Airport.   He performed the Bhumi Poojan ceremony for the upcoming airport.   The prime minister highlighted the importance of transportation in the faster growth of the economy. … Read more

MAHARASHTRA Rs 300 crore spent on Pune corridors project so far   Around Rs300 crore has been spent on the ongoing work on the two Metro corridors in the city and most of the expenses have been on civil work.   The Maharashtra Metro Rail Corporation Limited (MahaMetro) said the project was not facing any financial crunch … Read more

  MAHARASHTRA Maharashtra clears Act for use of Swiss challenge method   The state cabinet cleared the Maharashtra Infrastructure DevelopmentEnabling Authority Act, which will serve as a framework to allow for infrastructure proposals to be allotted to private players using the Swiss challenge method.   The method is a new process of giving contracts. Any person with credentials can … Read more

MAHARASHTRA Maharashtra still no. 1 in tree cover   Retaining its position as the state with the highest tree cover, Maharashtra has witnessed a marginal rise in tree cover over the last two years, stated the State of Forest 2017 survey.   In 2015, trees covered an area of 9,558 sq km in the state. Last year, the figure was … Read more

MAHARASHTRA Maharashtra metro’s paid-up capital rises to Rs1,049 cr The Maharashtra Metro Rail Corporation Limited’s (Mahametro) paid up capital has increased to Rs1,049 crore, with central and state governments each being allotted 50% of the equity shares. Nagpur and Pune’s civic bodies have no equity shares in the company as of now though they are bearing some … Read more

MAHARASHTRA Maharashtra budget on March 9   The Maharashtra Budget 2018-19 will be presented on March 9 by Finance Minister Sudhir Mungantiwar.   This will be the fourth budget of the finance minister.   The month-long budget session of the Maharashtra legislature will begin from February 26. It will have 22 working days and nine holidays.   The Business … Read more

MAHARASHTRA Mumbai 12th richest city globally; total wealth at USD 950 billion    India’s financial capital Mumbai, with a total wealth of USD 950 billion, has been named among the top 15 wealthiest cities globally, while New York topped the list, says a report.   According to a report by New World Wealth, the economic … Read more

MAHARASHTRA Mumbai Dabbawalas partner with Paytm Payments Bank   Paytm Payments Bank , a digital bank which provides zero balance accounts and zero charges on digital transactions, partnered with the Mumbai Dabbawala Association, the pioneers of home-cooked food delivery.   As part of this association, around 5000 dabbawalas will now be able to collect instant … Read more

  MAHARASHTRA Mumbai airport becomes world’s busiest single-runway airport   On January 20, Mumbai airport created a new world record for single-runway operations by handling 980 arrivals and take-offs in 24 hours.   With this, the Mumbai Chhatrapati Shivaji Maharaj International airport bettered its own feat of 974 flights in 24 hours, recorded on December … Read more

MAHARASHTRA Maharashtra plans to ban hookah joints soon   A state government plan to introduce a bill to ban hookah joints across the state is in the final stages. The bill is expected to be on the lines of the law in Gujarat. The government is studying the way Gujarat went about it. The government inGujarat had initially issued an ordinance … Read more