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According to the Maharashtra government, 60,000 industries have been re-opened in the state, which employ close to 1.5 million people. [138] The government also states that there have been investment intentions (FDI) from countries such as Germany, Japan, Russia. [138]
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Bank name Established Headquarters Branches Total assets Revenues Refs Axis Bank: 1993: Mumbai, Maharashtra: 5,377 ₹ 1,518,238 crore (US$180 billion) ₹ 106,155 crore (US$13 billion) [24]
After the formation of Maharashtra, the state government established the Maharashtra Industrial Development Corporation in 1962 to spur growth in other areas of the state. In the decades since its formation, MIDC has acted as the primary industrial infrastructure development agency of the government of Maharashtra.
Maharashtra was one of the first states to implement the three tier system under the Maharashtra Zilla Parishads and Panchayat Samitis Acts 1961 of Maharashtra State. That act was amended with Act XXI to bring it in line with 73rd amendment to the Indian constitution in 1994. [10] [11]
Maharashtra has 29 Municipal Corporations, 232 Municipal councils and 125 Nagar Panchayats.These Urban local bodies are governed by Maharashtra Municipal Corporations Act, 1949, [1] Mumbai Municipal Corporation Act, 1888 [2] and The Maharashtra Municipal Councils, Nagar Panchayats and Industrial Townships Act, 1965.
It also administers various welfare schemes for central government pensioners, i.e., redressal for Pensioners' grievances through CPENGRAM, an online pension sanction module for civil pensioners "Bhavishya", Sankalp, etc., under the umbrella of Pensioners' Portal.
The corporation is controlled by a board of directors appointed by the state government. Day-to-day management is provided by the vice chairman and managing director supported by a team of joint managing directors, made up of the chief administrator (New Towns), the heads of various departments and personnel from various technical and non-technical disciplines, including officers, engineers ...