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Maha received $13.5 bn FDI this financial year: Governor

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Press Trust of India Mumbai
Last Updated : Jan 26 2019 | 10:55 AM IST

Maharashtra has received USD 13.5 billion Foreign Direct Investment (FDI) this financial year, state Governor Ch Vidyasagar Rao said here Saturday.

Rao was addressing a gathering at the Shivaji Park after reviewing a parade to mark the 70th Republic Day.

"Maharashtra has received 30 per cent of the FDI which came to India. The state received USD 13.5 billion FDI this financial year. I am sure, Maharashtra will become the first trillion dollar economy state by 2025. The government is also committed to further improving the ease of doing business in the state," he said.

Asserting that the state was committed to double the farmers income by 2022, he said around 41 lakh farmers have benefited from the government's Chhatrapati Shivaji Maharaj Shetkari Sanman Yojana, a farm loan waiver scheme.

"With a view to provide weather-related information to farmers in real time, project Mahavedh has been made operational in all 2,060 revenue circles in the state," he said.

He added that the government has also launched the 'Maha Agritech' programme to solve the agrarian problems with the help of satellites and drones.

According to him, Maharashtra was leading in the implementation of the 'Pradhan Mantri Crop Insurance Scheme' and the 'Restructured Weather Based Fruit Crop Insurance Scheme.'

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First Published: Jan 26 2019 | 10:55 AM IST

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