Viksit Maharashtra-2047: Transforming the State into a $5 Trillion Economy by 2047

The Maharashtra government has approved the 'Viksit Maharashtra-2047' vision document, aiming to transform the state into a $5 trillion economy by 2047. The initiative includes comprehensive plans across various sectors and milestones up to 2047.

MaharashtraEconomyDevelopmentVision 2047GovernanceReal Estate MaharashtraOct 28, 2025

Viksit Maharashtra-2047: Transforming the State into a $5 Trillion Economy by 2047
Real Estate Maharashtra:The Maharashtra cabinet has given the green light to the 'Viksit Maharashtra-2047' vision document, marking a significant step towards transforming the state into a $5 trillion economy by 2047. Chief Minister Devendra Fadnavis has emphasized the importance of this initiative, which will be overseen by a dedicated management unit.

The government conducted a thorough statewide survey to gather insights and perceptions from citizens, which played a crucial role in shaping the vision's roadmap. The document outlines clear timelines with milestones set for 2029, 2035, and 2047, ensuring a structured approach to implementation.

Sixteen sectoral groups have developed detailed plans across key areas such as agriculture, industry, and urban development. These plans are supported by a strong foundation of good governance principles. The vision includes 100 ambitious initiatives aimed at boosting income, converting slums into sustainable communities, and establishing global talent hubs.

To ensure the success of these initiatives, a vision management unit will be responsible for monitoring progress and aligning strategies with the overarching goals of the vision. This comprehensive approach underscores the government's commitment to sustainable and inclusive growth, positioning Maharashtra as a leading economic powerhouse in the region.

The 'Viksit Maharashtra-2047' vision document is a testament to the state's ambition and the collective effort of all stakeholders. By focusing on innovation, infrastructure, and human capital, Maharashtra aims to not only achieve its economic targets but also improve the quality of life for its citizens. The initiative is expected to attract significant investments and create numerous opportunities for growth and development.

Frequently Asked Questions

What is the 'Viksit Maharashtra-2047' vision document?

The 'Viksit Maharashtra-2047' vision document is a comprehensive plan approved by the Maharashtra cabinet, aimed at transforming the state into a $5 trillion economy by 2047. It includes detailed sectoral plans and clear implementation timelines.

What are the key sectors covered in the vision document?

The vision document covers key sectors such as agriculture, industry, and urban development, with plans supported by good governance principles.

How will the initiative be monitored and managed?

A vision management unit will be established to monitor progress and align strategies with the goals of the 'Viksit Maharashtra-2047' vision document.

What are some of the ambitious initiatives included in the plan?

The plan includes 100 initiatives aimed at boosting income, converting slums into sustainable communities, and establishing global talent hubs.

How does the vision document contribute to sustainable growth?

The vision document focuses on innovation, infrastructure, and human capital, ensuring sustainable and inclusive growth that improves the quality of life for Maharashtra's citizens.

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