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Chavan refutes Pawar`s concern over Maha falling b

Maharashtra Chief Minister Prithviraj Chavan on Friday refuted the reported statement of Union Agriculture Minister and NCP president Sharad Pawar that the state was lagging behind in attracting investment.



Pune: Maharashtra Chief Minister Prithviraj Chavan on Friday refuted the reported statement of Union Agriculture Minister and NCP president Sharad Pawar that the state was lagging behind in attracting investment.

"There are lot of misconceptions which are not based on the assessment of the ground situation," Chavan said, when asked about Pawar`s statement.

Pawar had expressed concern about Congress-NCP coalition government`s failure to stop industrialists from going out of Maharashtra to set up new industries or plants.

The Chief Minister attended a function to sign an MoU between the US firm General Electric (GE) and the state government for the company`s USD-2,000 million manufacturing plant at Chakan near here. In the interaction with reporters, he maintained that "by all reckonings" Maharashtra continued to be a leading industrial destination in the country.

Stating that all the investments could not be expected to come to Maharashtra as other states too were competing to attract the industries, Chavan noted that Maharashtra still accounted for 35 per cent of the FDI flow to India last year.

"GE could have gone to Bangalore or other states, but after all the thought, they came to Maharashtra," Chavan said.

He however conceded that Maharashtra needed to speed up development of minor ports, which was slow as compared to the neighbouring states.

PTI

From Zee News

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