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Maharashtra Cabinet Clears Bamboo Policy Targeting ₹50,000 Crore Investment & 5 Lakh Jobs

Written by: Team Angel OneUpdated on: 15 Oct 2025, 8:10 pm IST
Maharashtra cabinet clears bamboo industry policy aiming ₹50,000 crore investment, 15 clusters, and over 5 lakh jobs across the state in 10 years.
Maharashtra Cabinet
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The Maharashtra cabinet has approved the Maharashtra Bamboo Industry Policy 2025. The policy targets investments of around ₹50,000 crore and aims to create more than 5 lakh jobs over the next 10 years. As per the news reports, it focuses on promoting bamboo cultivation and setting up processing industries across the state.

Plan for Bamboo Clusters

15 dedicated bamboo clusters will be established in different regions. These clusters are meant to support bamboo growers, processing units, and related industries. The plan also includes using opportunities in the carbon credit market to boost earnings linked to bamboo production.

Focus on Farmers

The government intends to promote bamboo as an eco-friendly crop that can offer farmers a steady income. The policy highlights bamboo as an alternative to traditional cash crops, particularly for rural and forest-dependent communities. It is expected to encourage wider use of bamboo in construction, handicrafts, and paper industries.

Education Infrastructure Development

In another decision, the cabinet approved a development scheme for The People’s Education Society, established by Dr Babasaheb Ambedkar. The plan involves renovation and modernisation of nine educational institutions and two hostels in Mumbai and Chhatrapati Sambhajinagar. A budget of ₹500 crore has been set aside for 5 years to implement the project.

New Posts in Bombay High Court

The cabinet also cleared the creation of 2,228 new posts in the Bombay High Court at Mumbai and its benches in Nagpur and Aurangabad. It includes necessary financial provisions to fill these positions and is expected to help in managing the administrative and judicial workload across these locations.

Read More: LIC Jan Suraksha Scheme: All You Need to Know!

Conclusion

The newly approved policies and schemes cover employment generation, agricultural diversification, education upgrades, and administrative support. Together, these measures mark a wide-ranging effort to improve state infrastructure and expand work opportunities across multiple sectors.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Oct 15, 2025, 2:40 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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