2 weeks ago
Sharad Pawar: closure of 36,000 Maharashtra industrial units 'deeply shocking'
In India, there is a state called Maharashtra.
It is known for having many factories and businesses.
Recently, people found out that more than 36,000 companies closed down there in the last five years.
That is a very big number!
A leader named Sharad Pawar said this news is 'deeply shocking.'
He explained that we do not even know how many workers lost their jobs.
Some companies in a place called Chakan are moving away too.
They say traffic, pollution, and problems with water, electricity, and roads made them leave.
These companies employed more than 2,000 people.
Mr. Pawar wants the government to talk to business owners and help them stay in Maharashtra.
NCP (SP) chief Sharad Pawar called the closure of 36,211 industrial units in Maharashtra over five years 'deeply shocking.'
Union Minister of State for Corporate Affairs Harsh Malhotra disclosed the closures in a Parliament reply during the monsoon session.
Nashik MP Rajabhau Waje said 6,433 units shut in Pune, 12,009 in Mumbai, and 4,704 in Thane.
Twenty companies in Chakan are relocating due to traffic, pollution, water, electricity, and road issues, affecting over 2,000 workers.
Pawar urged high-level meetings with entrepreneurs and a special 'Single Window' system, while Waje questioned the materialization of investment MoUs.
- Who
- NCP (SP) chief Sharad Pawar, Nashik MP Rajabhau Waje, Union Minister of State for Corporate Affairs Harsh Malhotra, and the Devendra Fadnavis-led Maharashtra state government.
- What
- 36,211 private companies in Maharashtra closed over the past five years, and 20 firms in the Chakan industrial area are relocating.
- Where
- Maharashtra, India, including Pune district, Mumbai city, Thane district, and the Chakan industrial area.
- When
- The closure data was disclosed during the monsoon session of Parliament; Pawar commented on Thursday.
- Why
- Closures and migration of industries are attributed to lack of infrastructure, traffic congestion, pollution, and water, electricity, and road issues.
Opposition: Sustain existing industries
State government: Focus on new investments
Industrial policy priorities
Opposition: Sustain existing industries
Pawar and Waje argue the government must focus on sustaining existing industries and reusing the land of closed units, saying the closures and migration of industries are not a matter of pride for the state.
State government: Focus on new investments
The state government claims to have signed Memorandums of Understanding (MoUs) worth multi-crore rupees for investments in various places.
Key facts
- Closed industrial units
- 36,211 private companies
- Time period
- Past five years
- Pune district closures
- 6,433
- Mumbai city closures
- 12,009
- Thane district closures
- 4,704
- Chakan companies relocating
- 20
- Workers affected in Chakan
- Over 2,000
- Source of data
- Ministry of Corporate Affairs reply in Parliament
Quotes
Sharad Pawar
Nationalist Congress Party chief and former union minister
“Responding to a question raised ... Union Minister of State for Corporate Affairs Harsh Malhotra informed Parliament that as many as 36,211 private companies in Maharashtra have shut down over the past five years. However, government records lack information on how many people lost their jobs after these companies closed and whether they received adequate compensation. This is deeply shocking.”
indianexpress.com
“The decision by as many as 20 companies in the Chakan industrial area to relocate due to traffic congestion, pollution, water, electricity, and road issues is extremely serious. More than 2,000 workers are employed across these companies.”
indianexpress.com
Sources
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