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Maha offers red carpet, not red tape to investors: Fadnavis

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Press Trust of India Mumbai
Maharashtra will roll out "a red carpet and not indulge in red tape" for investors in the state, besides letting them pick the sector of their choice to make investments, Chief Minister Devendra Fadnavis said today.

"We have a large land bank, uninterrupted power supply to industries and the state has a distinct identity. I adopted a cafeteria approach and prevailed upon potential investors to choose the sector of their choice to make investments, and the government would provide a red carpet and not indulge in red tape," Fadnavis said while addressing a press conference here.

Maharashtra was the most industrialised state of India and had 14 per cent share in the national GDP, he said.
 

Creating agriculture value chain, Information Technology, manufacturing sector were some of the areas, where investment was expected, Fadnavis said, but declined to give the figure of investment.

"Chief Secretary and Principal Secretary (Industries) along with CEO MIDC would do the follow up of the discussions held," he said.

Fadnavis said, in association with the WEF the state will create a value chain with farmers regarding 14 crops other than sugarcane, where technology and seeds will be provided to farmers with the help of WEF and the farmers get assured buyers overseas.

The target this year is to ensure that 10 lakh farmers are part of the initiative, while next year the target is 25 lakh farmers, he said adding that focus would be on creating the value chains in rain-fed areas of Vidarbha and Marathwada.

Similarly, discussions about biotechnology centered around removal of suspicion about GM crop and lowering the input cost of BT cotton, he said adding that the GM crop should be harmonised with organic farming.

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First Published: Jan 28 2015 | 7:30 PM IST

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