Download the app
← Latest news

Maharashtra cabinet clears bamboo policy promising 5 lakh jobs and Rs 50000 crore investment

India
Published on 24 April 2026
Maharashtra cabinet clears bamboo policy promising 5 lakh jobs and Rs 50000 crore investment

Bamboo clusters may become farmers next steady income source

Maharashtra’s cabinet has approved a bamboo industry policy aimed at attracting Rs 50,000 crore investment and creating over 5 lakh jobs through 15 planned clusters. The move is designed to offer farmers a more sustainable income stream. Alongside this, the government will allocate Rs 500 crore to upgrade Dr. Ambedkar’s educational institutions, and sanctioned 2,228 new posts for the Bombay High Court.

  • Cabinet approved a bamboo policy backed by Rs 50,000 crore investment
  • Plan targets over 5 lakh jobs via 15 industry clusters
  • Policy aims to create sustainable income for farmers
  • Rs 500 crore upgrade for Dr. Ambedkar institutions; 2,228 court posts cleared
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.