Synopsis
The Maharashtra government has appointed Pravin Pardeshi as the Chief Economic Advisor to the Chief Minister, focusing on economic growth and strategic planning for the state's future.Key Takeaways
- Pravin Pardeshi appointed as Chief Economic Advisor.
- Focus on making Maharashtra a trillion-dollar economy.
- Overseeing Maharashtra's Vision 2047.
- Advising on taxation, labor, and fiscal policies.
- Coordination with international financial institutions.
Mumbai, April 12 (NationPress) The Maharashtra government announced the appointment of Pravin Pardeshi, the CEO of the Maharashtra Institution for Transformation (MITRA) and a retired bureaucrat, as the Chief Economic Advisor (CEA) to the Chief Minister, mirroring the role of the CEA at the national level.
Pardeshi will hold the rank of Minister of State and will serve in this capacity throughout the tenure of Chief Minister Devendra Fadnavis.
In his new role, he will oversee the Directorate of Economics and Statistics as well as the Maharashtra Remote Sensing Application Centre, with the aim of establishing a data-driven administrative framework.
The state’s general administration department issued a notification late Saturday regarding Pardeshi's appointment as the Chief Economic Advisor.
This appointment comes at a crucial time as the state government is committed to transforming Maharashtra into a trillion-dollar economy.
His responsibilities will include crafting Maharashtra's Vision 2047, enhancing the gross state domestic product, offering advice on taxation, labor, land use, and fiscal policies, and providing a quarterly financial report to the state Cabinet on behalf of the Chief Minister.
As CEA, Pardeshi will assess proposals for significant financial adjustments and will also focus on agricultural and industrial policies.
He will aid in developing frameworks that provide incentives for electric vehicles, micro, small and medium enterprises, green energy solutions, and logistics enhancements.
Additionally, he will finalize and oversee the implementation of policies aimed at border area development and the District GDP Initiative.
Pardeshi will coordinate and manage various initiatives introduced by NITI Aayog, such as Urban Growth Hubs and District Strategic Plans.
He will also assist the state government in preparing strategic budget forecasts and recommend resource allocation to priority sectors.
Pardeshi will liaise with numerous governmental and international financial entities, including NITI Aayog, the Reserve Bank of India, the Ministry of Finance, and other central agencies.
He will spearhead the execution of projects financed by the World Bank, Asian Development Bank, and United Nations Development, among others.
Furthermore, he will maintain collaboration with global think-tanks and academic institutions.
Pardeshi will also take on the task of developing a dashboard for the Chief Minister's Office that displays the current financial state and implements a system to identify deficiencies in essential infrastructure and the unorganized economy.
He will build a data ecosystem and forecast trends related to Artificial Intelligence.
Furthermore, he will contribute to formulating policies that incentivize industries and special economic zones, propose strategies to eliminate obstacles hindering the ease of doing business, and engage in discussions with state agencies and diverse industrial organizations, including CII, FICCI, and startups.
Additionally, Pardeshi will provide insights for knowledge management and capacity-building efforts, establish study groups focused on employment, inflation, and trade, organize lectures and practical workshops on various subjects, and mentor young economists and analysts within the state government framework.
Lastly, he will suggest strategies to tackle issues such as the state revenue deficit, debt burdens, and slowdowns across various sectors.
