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The Maharashtra cabinet has approved a strategic public-private partnership (PPP) policy to accelerate infrastructure development and attract private investment. The policy introduces a structured approval mechanism, with projects above INR 25 crore requiring clearance from a cabinet sub-committee and smaller projects to be approved at the administrative level. A pooled fund of INR 200 crore has been created to address feasibility gaps in select projects. Dedicated PPP units will be set up across departments to strengthen planning, coordination and execution.
The Maharashtra government has approved a strategic public-private partnership (PPP) policy aimed at improving the pace and scale of infrastructure development across the state. The policy establishes a clear decision-making framework for PPP projects, with differentiated approval mechanisms based on project size to reduce delays and improve coordination. Advertisement
Under the new framework, infrastructure projects with an estimated cost of more than INR 25 crore will require approval from a cabinet sub-committee on infrastructure chaired by the chief minister. Projects below this threshold will be examined and cleared by a committee headed by the chief secretary. The government has indicated that this structure is intended to streamline approvals while maintaining oversight for large-scale investments.
To support financially viable but challenging projects, the cabinet has also approved the creation of a pooled fund of INR 200 crore. This fund will be used to address feasibility gaps in selected PPP projects, particularly in cases where private participation is required but commercial returns alone may not be sufficient. Officials have indicated that the fund will be deployed selectively, based on project need and strategic importance.
The policy provides for the establishment of a dedicated PPP unit within the state's planning department, along with similar units in other departments wherever required. In addition, a PPP cell will be set up within the Maharashtra Institution for Transformation (MITRA) to provide technical support, coordination and monitoring for PPP projects across sectors.
The government has clarified that existing PPP projects will continue under the terms of their current concession agreements and tender documents, and will not be impacted by the new policy. The framework is aligned with the state's long-term development roadmap under the Maharashtra Vision 2047, which outlines plans to significantly expand infrastructure capacity and support economic growth.
Maharashtra has previously adopted PPP models in areas such as skill development, transport infrastructure and public asset management. Earlier initiatives, including PPP-based upgrades of Industrial Training Institutes and proposed land development models, have shaped the state's approach to private participation. The new policy builds on these experiences by putting in place a more structured and centralised system for future infrastructure projects.
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