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Nearly 10,000 cr investment expected: Finance Minister

Written by: Staff
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Mumbai, Mar 21 (UNI) Maharashtra expects to get an investment to the tune of Rs 7,000 to Rs 10,000 crore in the next few years as negotiations were in the final stages, according to Finance Minister Jayant Patil.

Talking to reporters at a post-budget briefing, Mr Patil, however, refused to divulge the names of the new investors.

The government has proposed to set up a study group to streamline the registration and licencing process under different acts, Mr Patil said, adding that the aim of this group is to evolve one-window clearance system.

This, he said, will reduce the interaction time with multiple authorities and make the entire system efficient and transparent and added that this process would be completed by December this year.

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