Magnetic Maharashtra | |
---|---|
Country | India |
Prime Minister(s) | Narendra Modi |
State | Maharashtra |
Key people | Ministry of Finance |
Launched | 18 February 2018 |
Status | Active |
Magnetic Maharashtra is a summit held in Maharashtra, India, aimed to attract investment into the economy of Maharashtra. [1] [2]
Under Chief Minister Uddhav Thackeray, "Magnetic Maharashtra 2.0 was launched in 2020.
The 2018 edition of the summit, called Magnetic Maharashtra: Convergence 2018, was organised from 18 to 20 February 2018, at MMRDA Ground, Bandra-Kurla Complex, Mumbai, India. [3] The event was inaugurated by the ten Chief Minister of Maharashtra, Devendra Fadnavis [4] and was attended by Prime Minister Narendra Modi [5] and NITI Aayog CEO Amitabh Kant. [6] The summit attracted an investment of ₹ 12.1 trillion (US$150 billion) [7] with ₹ 35,000 crore (US$4.4 billion) in the renewable energy sector. [8]
The second edition of the summit. called Magnetic Maharashtra 2.0 was launched in June, 2020, [9] amid the COVID-19 pandemic in Maharashtra. The event was inaugurated by Chief Minister of Maharashtra Uddhav Thackeray. [10] [11] 56 MOUs with investments worth ₹ 129,439 crore (US$16 billion) were signed. [12]
Shiv Sena is a right-wing Marathi regionalist and Hindu ultranationalist political party in India founded in 1966 by Bal Thackeray. Currently led by Eknath Shinde, this party is the ruling party of the Indian state of Maharashtra since 2019. Shiv Sena's election symbol is the Bow and Arrow. It uses the saffron colour in its flag and a image of a roaring tiger.
The Mumbai Metro is a rapid transit (MRT) system serving the city of Mumbai and the wider Mumbai Metropolitan Region in Maharashtra, India.
Uddhav Balasaheb Thackeray is an Indian politician who served as the 19th Chief Minister of Maharashtra from 2019 to 2022 and the Leader of the House, Maharashtra Legislative Assembly from 2019 to 2022. He is a member of Maharashtra Legislative Council since 2020, the president of Maha Vikas Aghadi since 2019 and the president of Shiv Sena since 2022. He was also the leader (pramukh) of Shiv Sena from 2013 to 2022, working President from 2003 to 2013 and the editor-in-chief of Saamana from 2006 to 2019.
Vibrant Gujarat, also referred to as Vibrant Gujarat Global Summit, is a biennial investors' global business event that is held in the state of Gujarat, India. The event is aimed at bringing together business leaders, investors, corporations, thought leaders, policy and opinion makers; the summit is advertised as a platform to understand and explore business opportunities in Gujarat. The summit's primary objective is to promote Gujarat as an attractive investment destination and to facilitate partnerships and collaborations across different sectors. Summit began in 2003 and is now held every two years.
Chabahar Free Trade–Industrial Zone (CFZ) is an Iranian free trade zone formed according to the law on the establishment and administration of free trade–industrial zones.
Anil Vasantrao Deshmukh is an Indian politician from the state of Maharashtra. He is a senior leader of the Nationalist Congress Party. Deshmukh served as the Minister for Home Affairs in Government of Maharashtra between 2019 and 2021. Deshmukh resigned in 2021 as the Home Minister of Maharashtra due to allegations of extortion and laundering charges and is currently in judicial custody.
Mumbai–Ahmedabad High Speed Rail Corridor (MAHSR) or Mumbai–Ahmedabad HSR is an under-construction high-speed rail line, which will connect India's economic and financial hub and Maharashtra’s capital, Mumbai, with the largest city of the state of Gujarat, Ahmedabad. When completed, it will be India's first high-speed rail line.
Nagpur Metro is a rapid transit system for the city of Nagpur, Maharashtra, India. Phase I of the metro project cost was estimated to cost ₹8,650 crore but the final project cost incurred was ₹9,279 crore (US$1.2 billion). In February 2014, the Government of Maharashtra gave approval for the Metro project, while the Government of India's Ministry of Urban Development had given "In Principle" approval for the project. On 20 August 2014, Union Cabinet gave approval for the development of the project, and the Prime Minister laid the foundation stone on 21 August. Construction began on 31 May 2015, with trial run beginning on 30 September 2017.
Global Investors Summit, officially the Invest Madhya Pradesh Global Investors Summit or GIS is a biennial business summit organized by Government of Madhya Pradesh in Indore, the commercial capital of central India to attract domestic and foreign investment for development of the state. Based on the theme– India's Growth Centre and aimed at bringing together business leaders, investors, corporations, thought leaders, policy and opinion makers; the summit serves as a perfect platform to understand and explore business opportunities in the State of Madhya Pradesh.
The Greater Nashik Metro or Metro NEO is a proposed rapid transit system in the Nashik Metropolitan Region. The system is proposed to reduce traffic congestion as well as provide direct connectivity to Nashik city from its suburbs. The Greater Nashik Metro will connect suburbs of Nashik city like Deolali, Nashik Road, Upnagar, Nashik Airport, Sinnar, Igatpuri, Gangapur Road, Trimbakeshwar, Dindori, Bhagur, Niphad, Adgaon, Ghoti Budruk and Girnare.
The military budget or defence budget of India is the portion of the overall budget of Union budget of India that is allocated for the funding of the Indian Armed Forces. The military budget finances employee salaries and training costs, maintenance of equipment and facilities, support of new or ongoing operations, and development and procurement of new technologies, weapons, equipment, and vehicles.
Make in India is an initiative by the Government of India to create and encourage companies to develop, manufacture and assemble products made in India and incentivize dedicated investments into manufacturing. The policy approach was to create a conducive environment for investments, develop a modern and efficient infrastructure, and open up new sectors for foreign capital. The initiative targeted 25 economic sectors for job creation and skill enhancement, and aimed "to transform India into a global design and manufacturing export hub."
The Sagarmala Programme is an initiative by the Government of India to enhance the performance of the country's logistics sector. The programme envisages unlocking the potential of waterways and the coastline to minimize infrastructural investments required to meet these targets.
Devendra Fadnavis was sworn in as the chief minister of Maharashtra for the second time on 23 November 2019. Alongside Fadnavis, Ajit Pawar was sworn in as the deputy chief minister. Before a Supreme Court-ordered no confidence motion could take place, Pawar resigned on 26 November. Fadnavis resigned shortly thereafter, making his second ministry the shortest Maharashtra ministry, surpassing P. K. Sawant's 1963 interim government, that had lasted for nine days.
Tamil Nadu Global Investors Meet (TNGIM) is a business summit organized by Government of Tamil Nadu to facilitate domestic and foreign investments in the state. The first of these summits took place in 2015 and later in 2019. The next meet is scheduled to take place in January 2024.
The first case of the COVID-19 pandemic in the Indian state of Maharashtra was confirmed on 9 March 2020.
Severe Cyclonic Storm Nisarga was the strongest tropical cyclone to strike the Indian state of Maharashtra in the month of June since 1891. It was also the first cyclone to impact Raigad & Mumbai since Phyan of 2009. The third depression and second named cyclone of the 2020 North Indian Ocean cyclone season, Nisarga originated as a depression in the Arabian Sea and moved generally northward. On 2 June, the India Meteorological Department (IMD) upgraded the system to a cyclonic storm, assigning the name Nisarga. On the next day, Nisarga further intensified to a severe cyclonic storm and turned to the northeast, ultimately making landfall approximately 95 km (60 mi) south of Mumbai. Nisarga rapidly weakened once inland and dissipated on 4 June.
After the 2019 Maharashtra Legislative Assembly elections, post-poll alliance was formed in between Shiv Sena, Nationalist Congress Party and Indian National Congress to form Maha Vikas Aghadi (MVA). Uddhav Thackeray, the president of Shiv Sena was sworn in as the 19th Chief Minister of Maharashtra on 28 November 2019. Following is the list of ministers from the cabinet of Uddhav Thackeray starting from November 2019.
The 2022 Maharashtra political crisis began on 21 June 2022 in the Indian state of Maharashtra when Eknath Shinde, along with several other MLAs of the Maha Vikas Aghadi (MVA) coalition moved to Surat in the Bharatiya Janata Party (BJP)-governed Gujarat, throwing the coalition into a crisis.