Particle.news
Download on the App Store

Maharashtra Cabinet Clears 21 Measures, Backs Rs 37,013 Crore HUDCO Loan for VirarAlibaug Corridor

The sweeping approvals landed just before the civic poll schedule was set for December 2, signaling a broad electoral outreach.

Overview

  • The government approved a state guarantee with a comfort clause for a Rs 37,013 crore HUDCO loan to fast‑track the 126.3‑km VirarAlibaug corridor, which will now proceed on a BOT model linking key logistics hubs.
  • MAHA ARC Limited will be wound up after the RBI refused it a licence, formally closing the inactive state asset reconstruction company set up in 2022.
  • Healthcare moves include expanding Ayushman Bharat and MJPJAY to 2,399 treatments across 38 specialties, raising serious‑illness cover to ₹10 lakh, boosting field‑worker honoraria, creating an Urban Health Directorate, and regularising eligible NHM staff.
  • Housing and sectoral reliefs include exemptions for 30,000 PMAY homes in Solapur and a 4% interest subvention on short‑term working‑capital loans for fishermen and fish farmers.
  • Judicial and education steps include new courts at Ghodnadi and Paithan and five‑year annual support of Rs 7 crore for Nagpur’s Laxminarayan Institute of Technology, as analysts cast the package as a pre‑poll push after the SEC set December 2 elections.