Maharashtra Day: State aiming to become USD 1 Trillion economy, says Governor C.P. Radhakrishnan

01 May,2025 03:23 PM IST |  Mumbai  |  mid-day online correspondent

Governor C.P. Radhakrishnan said that Maharashtra would play a key role in building a Developed India during the nation`s Amrit Kaal (golden era) and the state was aiming to become a USD 1 trillion economy

Maharashtra Governor C.P. Radhakrishnan said that the state has set a target to become a USD 1 trillion economy, supporting India’s larger USD 5 trillion economy goal. Pic/X


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On the occasion of Maharashtra Day 2025, Governor C.P. Radhakrishnan said that the state was aiming to become a USD 1 trillion economy as he urged people to work together to create a modern, strong, and developed Maharashtra.

He said that Maharashtra would play a key role in building a "Developed India" during the nation's Amrit Kaal (golden era).

The official state flag-hoisting ceremony was held at Shivaji Park in Dadar area of central Mumbai.

The event was attended by top government officials including state's Chief Minister Devendra Fadnavis, Speaker Rahul Narwekar, Council Chairman Ram Shinde, and various Maharashtra ministers, military officials, and several foreign diplomats.

Governor C.P. Radhakrishnan paid tribute to the victims of the recent Pahalgam terror attack in Jammu and Kashmir, and praised the state for quickly stepping up efforts in helping stranded tourists and ensuring their safe return back home.

The Governor said that Maharashtra has set a target to become a USD 1 trillion economy, supporting India's larger USD 5 trillion economy goal.

At the World Economic Forum in Davos, the state signed 63 agreements worth Rs 15.7 lakh crore, expected to generate nearly 16 lakh jobs, he said, adding that major industries involved include IT, electric vehicles, green energy, defence, pharmaceuticals, and steel. Gadchiroli is being developed as a "Steel Hub" with nine new steel projects.

He announced that under the Chief Minister's Annapurna Scheme, the needy families in Maharashtra will receive three free gas cylinder refills each year.

"The farmers in the state will also receive Rs 20,000 per hectare as support. Over Rs 3,389 crore has been distributed to 31 lakh farmers affected by natural disasters," Radhakrishnan said.

He mentioned that under the Pradhan Mantri Awas Yojana, over 93 per cent of the homes in Phase 1 are complete, and work is ongoing for nearly 18.5 lakh homes in Phase 2.

A new policy for sand mining has also been introduced, he said.

The Governor, in his Maharashtra Day message said that to preserve cultural heritage, plans are underway to build a Maharashtra Cultural Centre and Museum in Mumbai. Efforts are ongoing to get UNESCO recognition for the state's sea forts. Monuments for Chhatrapati Shivaji Maharaj are being planned in Panipat and Agra.

He further stated that the National Education Policy 2020 (NEP) is being implemented across the state.

Maharashtra won 201 medals at the 38th National Games and has offered government jobs to 31 athletes. Prize money for Asian Games medal winners has been increased, the Governor said.

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