The Maharashtra government has established a state-level Project Implementation Organisation to supervise the execution of the Mumbai Metropolitan Region (MMR) Economic Master Plan. This is a part of NITI Aayog’s Growth Hub (G-HUB) program. The government issued a resolution to officially create the new unit on Wednesday, February 5.
The extra chief secretary of the housing department will lead this organisation. It will include representatives from multiple state bodies and agencies. The unit will oversee other committees responsible for carrying out the master plan at the state level.
The unit will also help the Growth Hub Coordination Committee and the Growth Hub Governing Board by dealing with challenges faced during implementation. If necessary, it will consult NITI Aayog for guidance.
To manage the execution of the plan, the government has also set up a Growth Hub Coordination Committee and a Growth Hub Regulatory Board. The chief secretary will lead the coordination committee, while Chief Minister Devendra Fadnavis will head the regulatory board.
A Project Implementation Unit and a Project Implementation Authority have also been formed. The Mumbai Metropolitan Region Development Authority (MMRDA) was originally responsible for monitoring the Project Implementation Unit. However, challenges in oversight led to the formation of the new state-level unit.
This unit will make sure of better coordination, improve decision-making, and help resolve implementation issues more effectively.
A NITI Aayog report projects that the MMR’s Gross Domestic Product (GDP) will double in the next five years. The region’s GDP is expected to rise from INR 12 lakh crore (USD 140 billion) to INR 26 lakh crore (USD 300 billion) by 2030. The report also highlights the need for 30 lakh new jobs to support this growth.
The MMR currently provides employment to about one crore people. The new state-level unit will help improve the region’s economic expansion.