Maharashtra CM Eknath Shinde Announces Rs 81,000 Crore Investment to Create Jobs
Mumbai (Maharashtra) [India], July 30: Maharashtra Chief Minister Eknath Shinde announced on Tuesday that an investment of Rs 81,000 crores has been approved. This investment is expected to create 20,000 direct jobs and around 100,000 indirect jobs in Maharashtra.
Addressing the media, CM Eknath Shinde said, “A decision has been taken in the Cabinet sub-committee meeting today. An investment of Rs 81,000 crores has been approved, which will create 20,000 jobs directly and around a lakh jobs indirectly. Many MoUs will be signed tomorrow also, after which more than 1 lakh investments will be made here in semiconductors, industries are coming here, whatever help they need, our government is giving it.”
He further informed that the Maharashtra government has adopted a liberal policy to prioritize industries. “We have adopted a liberal policy due to which industries give priority here, this will create jobs and we will soon achieve the target of Maharashtra for 1 trillion dollars which will contribute to PM Modi’s target of 5 trillion dollars economy,” said Shinde.
Earlier in the day, a Memorandum of Understanding (MoU) was signed between the Maharashtra government and NSDC International Limited to establish a center for skill-based certificate courses in Pune. The agreement, signed in the presence of Chief Minister Eknath Shinde, aims to provide employment opportunities to the youth of the state, both domestically and internationally.
The CMO Maharashtra also posted about the signing of the MoU on its official X handle, stating, “An MoU was signed between the state government and NSDC International Limited in the presence of the Chief Minister Eknath Shinde for setting up a center for skill-based certificate courses at Pune. This MoU will benefit the youth of the state to get employment opportunities in the country and abroad. NSDC International Limited Company will be provided space at Government Distance Education Tantra Niketan Sanstha in Pune for the training center.”
Doubts Revealed
Maharashtra -: Maharashtra is a state in the western part of India. It is known for its capital city, Mumbai, which is the financial hub of the country.
CM -: CM stands for Chief Minister. The Chief Minister is the head of the government in a state in India.
Eknath Shinde -: Eknath Shinde is a politician and the current Chief Minister of Maharashtra.
Rs 81,000 Crore -: Rs 81,000 Crore is a large amount of money. One crore is equal to 10 million, so 81,000 crores is 810 billion rupees.
Direct jobs -: Direct jobs are employment opportunities created directly by a project or investment, like working in a new factory.
Indirect jobs -: Indirect jobs are employment opportunities created as a result of a project or investment, like jobs in shops or services that support the new factory.
Liberal policy -: A liberal policy is a set of rules that make it easier for businesses to start and grow, often by reducing regulations and taxes.
$5 trillion economy goal -: India aims to make its economy worth $5 trillion, which means the total value of all goods and services produced in the country would be $5 trillion.
MoU -: MoU stands for Memorandum of Understanding. It is an agreement between two or more parties to work together on a project.
NSDC International Limited -: NSDC International Limited is a company that focuses on providing skill development and training to help people get jobs.
Skill-based training center -: A skill-based training center is a place where people can learn specific skills needed for certain jobs, like computer programming or machine operation.
Pune -: Pune is a city in Maharashtra, known for its educational institutions and growing industries.
Domestically -: Domestically means within the country. In this context, it means providing job opportunities within India.
Internationally -: Internationally means outside the country. In this context, it means providing job opportunities in other countries.
