Maha govt mulls disposing unused land

Maharashtra government is debt ridden and hence the government is mulling to dispose off the unused land for a commercial value of around Rs. 5000 crore. This was informed in a report after the chief minister of Maharashtra Devendra Fadnavis has given the target of raising an amount of Rs. 12000 crore in order to give a boost to the state exchequer.

Maha govt mulls disposing unused land

Chief minister Fadnavis has recently chaired the meeting for taking a stock of the state’s financial situation. In this meeting he also discussed various measures in order raise the additional revenue. The finance minister Sudhir Mungantiwar, the additional chief secretary finance Sudhir Kumar Srivastava and other secretaries were also present for the meeting.

According to the report issued by one of the senior finance department official the chief minister has given a target of increasing the revenue by Rs. 12000 crore for the current financial year. The chief minister has pointed out some of the important sectors through which the revenue can be generated. The chief minister is in favor of bringing out various policies to increase the revenue.

“The CM has pointed some sectors through which revenue can be generated. He is in favour of bringing policies that will increase the use of land for residential and non-agriculture purposes,” the official said.