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Maharashtra Cabinet Approves 2047 Vision To Reach $5 Trillion, Creates CM-Led Implementation Unit

Departments must submit metric-tracked action plans under phased targets with quarterly reviews.

Overview

  • The cabinet approved the 'Viksit Maharashtra 2047' roadmap and set up a Vision Management Unit under the chief minister.
  • The plan targets a $5 trillion state economy by 2047 in alignment with Viksit Bharat @2047.
  • Implementation will run in three phases with goals to 2029, 2035 (Maharashtra@75) and 2047 (India@100).
  • The CM-led VMU will appoint members, align policies and investments with the vision, coordinate departments, and hold quarterly progress reviews.
  • Drafted after consultations with over 700,000 stakeholders and 16 sectoral groups, the document lists about 100 initiatives, with departments ordered to file impact-assessed, metric-tracked action plans and pursue financial restructuring and revenue measures.