Maharashtra Govt Approves ₹22,250 Cr State Guarantee for Virar–Alibaug Multi-Modal Corridor Land Acquisition

The Maharashtra government has granted a ₹22,250 crore state guarantee to MSRDC for raising funds from HUDCO to acquire land for the Virar–Alibaug Multi-Modal Corridor. The approval comes with strict repayment conditions, escrow controls, and a revised financial structure approved by the Cabinet.

Illegal Sand Mining; Vehicle Permits to Be Suspended for Repeat Offences

The Maharashtra Government has issued a fresh GR imposing strict action against vehicles used in illegal sand mining. First and second offences will attract 30–60 day permit suspensions, while repeat violations may lead to permit cancellation.