SOURCE ; NEW18
Last Updated:April 30, 2025, 10:00 IST
The new platform will help streamline and accelerate the development of fundamental infrastructure projects by attracting public and private investments through a regulated system
The decision was finalised in a cabinet meeting chaired by chief minister Devendra Fadnavis earlier this week. (PTI)
The Maharashtra government, in a major move to ensure long-term and stable funding for critical infrastructure like roads and bridges, has approved the creation of a dedicated investment trust platform named ‘Maha InVit’ (Maharashtra Infrastructure Investment Trust). The decision was finalised in a cabinet meeting chaired by chief minister Devendra Fadnavis earlier this week.
The new platform will help streamline and accelerate the development of fundamental infrastructure projects by attracting public and private investments through a structured and regulated system.
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The initiative will serve as a fixed-return investment model, offering public sector investors a stable channel to invest in infrastructure. It is expected to significantly boost Maharashtra’s capacity to fund major road and transport projects without relying solely on budgetary provisions. The ‘Maha InVit’ trust will be set up as an independent entity under government oversight. Key infrastructure bodies, including the Public Works Department (PWD), Maharashtra State Road Development Corporation (MSRDC), and Maharashtra Infrastructure Development Corporation, will transfer selected revenue-generating assets into the trust.
This mechanism will allow the trust to raise long-term capital from the market, which can then be reinvested into newer infrastructure projects. Officials said this would create a self-sustaining investment cycle for roads, highways, and other public works. The state government has also appointed a special purpose vehicle (SPV) to operationalise the trust structure. Approvals have been granted for this model, which is aligned with recommendations from the central government’s National Monetisation Pipeline (NMP). Maharashtra aims to be among the first states to implement such a model effectively.
The move is being hailed as a visionary step, ensuring that upcoming projects are not delayed due to funding gaps. With more predictable returns, government bodies and investors are likely to participate actively. Officials believe this will lead to quicker project execution, improved public amenities, and better-quality roads. Maha InVit is expected to change how infrastructure is financed in the state—shifting from ad-hoc funding to a reliable, investment-driven approach.
