Chief Minister Devendra Fadnavis announces major reforms to boost ease of doing business in Maharashtra, moving 20 industrial permits to self-certification and gradually reducing power tariffs from Rs 10.88 to Rs 9.97 per unit by 2028-29
Maharashtra CM Devendra Fadnavis addresses industrialists in Mumbai on Saturday. Pic/BY SPECIAL ARRANGEMENT
Maharashtra is set to make significant changes in industrial permit procedures to boost ease of doing business, with Chief Minister (CM) Devendra Fadnavis announcing that 20 out of 33 industrial permits have now been moved to a self-certification system. Efforts are underway to further reduce the number of remaining 13 permits in the near future.
Speaking at a discussion session organised jointly by the Ramky Group of Industries and MIDC on the development of a ‘Bulk Drug Park’ and ‘Life Sciences Hub’, CM Fadnavis was joined by Medical Education Minister Hasan Mushrif, Minister of State Madhuri Misal, Principal Secretary Industries Dr P Anbalagan, Medical Education Commissioner Anil Bhandari, and other entrepreneurs from the medical sector.
Addressing industrialists, Fadnavis assured that power tariffs in the state would gradually decrease over the next five years. Currently at Rs 10.88 per unit, the rate is expected to drop to Rs 9.97 per unit by 2028-29, making Maharashtra the state with the lowest electricity tariff in the country, he claimed.
To facilitate a business-friendly environment, the Maitri portal has been given comprehensive powers, Fadnavis said. The portal allows businesses to obtain all permits from a single platform, ensures transparent tracking of every application, and includes provisions for penalising authorities if services are not delivered within stipulated timelines.
Maharashtra pushes green industry growth with MSME incentives and eco-friendly initiatives
Fadnavis emphasised the government’s focus on green and sustainable infrastructure, including common effluent treatment plants (CETP), promotion of a circular economy, and adoption of eco-friendly technology to make industries more environmentally responsible.
MSME units will receive incentives under these initiatives, while the government also plans to extend benefits to suppliers of larger industries. The CM stressed that public-private partnerships will play a key role in creating world-class, competitive, and affordable industrial ecosystems.
“By making the state’s industrial policy more dynamic and adopting a ‘no-nonsense business’ strategy, the government aims to create a stable and transparent business environment. Maharashtra will not only be competitive in India but also globally,” Fadnavis said.
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