HomePuneUnion govt to allocate Rs 5,000 cr for setting up Pune Growth...

Union govt to allocate Rs 5,000 cr for setting up Pune Growth Hub and Rs 517 cr for metro expansion | Pune News

Published on

In a big push to accelerate economic development and explore the full potential Pune Metropolitan RegionThe Union government has ensured funding of Rs 5,000 crore for the ‘Pune Growth Centre’ over the next five years, which would enable overall development of the region.

In it Union budget Introduced for 2026-27, Finance Minister Nirmala Sitharaman has sanctioned a fund of Rs 5,000 crore for each growth center over the next five years.

“The funds allocated to the Pune Growth Hub will benefit the development of Pune metropolitan area. This includes Pune district, Pune Municipal Corporation, Pimpri-Chinchwad Municipal Corporation, 3 cantonments, 7 municipalities, along with MSRDC, MIDC and other included areas, covering a total area of ​​6,914.26 sq km,” said city MP and Union minister Murlidhar Mohol.

Under this project, which is being carried out jointly by the Government of Maharashtra, NITI Aayog and Pune International Centre, a comprehensive economic master plan for Pune Metropolitan Region is being prepared and three necessary committees have also been set up for this purpose, he said.

This scheme will be worth Rs 80,000 crore, Mohol said, “The main objective of the Pune Growth Hub is to make Pune a leading global hub in the fields of technology, manufacturing, education, cultural heritage and artificial intelligence to create employment opportunities and develop infrastructure. This will lead to significant growth in the fields of technology, manufacturing, education and tourism. This project will attract large-scale investments and create employment opportunities in the Pune metropolitan region.”

The project aims to develop Pune as a major industrial and economic hub of the country, he said. “Pune is also included among the cities that are being developed as growth engines of the country. Therefore, Pune will benefit immensely from the provisions of the budget,” he said.

State Minister Madhuri Misal said that the Pune Metro, Pune Growth Center and the Pune-Bombay-Pune-Hyderabad The rail corridor will give a big boost to the development of Pune and its surrounding areas.

Story continues below this ad.

Following the success of the Lakhpati Didi scheme for women, a major scheme to provide market access to women self-help groups has been announced. A separate system has been created to encourage women-led industries. This will significantly increase women’s participation in the economy. In addition, the creation of women’s shelters in all districts has been announced. To strengthen health services, emergency and trauma centers will be created in all district hospitals. This will greatly benefit citizens in disadvantaged areas, he said.

This budget is one that accelerate development, create jobsand propel the country to become the world’s third largest economy, Misal said.

In a major push to accelerate economic development and explore the full potential of the Pune Metropolitan Region, the Union government has ensured funding of Rs 5,000 crore for the ‘Pune Growth Centre’ over the next five years, which would enable overall development of the region.

In the Union Budget table for 2026-27, Finance Minister Nirmala Sitharaman approved a fund of Rs 5,000 crore for each growth center for the next five years.

Story continues below this ad.

“The funds allocated to Pune Growth Center will support the development of Pune metropolitan area. This includes Pune district, Pune Municipal Corporation, Pimpri-Chinchwad Municipal Corporation, 3 cantonments, 7 municipalities, benefit along with MSRDC, MIDC and other included areas, covering a total area of 6,914.26 sq km,” said City MP and Union Minister, Murlidhar Mohol.

Under this project, which is being carried out jointly by the Government of Maharashtra, NITI Aayog and Pune International Centre, a comprehensive economic master plan for Pune Metropolitan Region is being prepared and three necessary committees have also been set up for this purpose, he said.

This scheme will be worth Rs 80,000 crore, Mohol said, “The main objective of the Pune Growth Hub is to make Pune a leading global hub in the fields of technology, manufacturing, education, cultural heritage and artificial intelligence to create employment opportunities and develop infrastructure. This will lead to significant growth in the fields of technology, manufacturing, education and tourism. This project will attract large-scale investments and create employment opportunities in the Pune metropolitan region.”

The project aims to develop Pune as a major industrial and economic hub of the country, he said. “Pune is also included among the cities that are being developed as growth engines of the country. Therefore, Pune will benefit immensely from the provisions of the budget,” he said.

Story continues below this ad.

State Minister Madhuri Misal said the Pune Metro, Pune Growth Center and Pune-Mumbai-Pune-Hyderabad rail corridor will give a big boost to the development of Pune and its surrounding areas.

Following the success of the Lakhpati Didi scheme for women, a major scheme to provide market access to women self-help groups has been announced. A separate system has been created to encourage women-led industries. This will significantly increase women’s participation in the economy. In addition, the creation of women’s shelters in all districts has been announced. To strengthen health services, emergency and trauma centers will be created in all district hospitals. This will greatly benefit citizens in disadvantaged areas, he said.

This budget will accelerate development, create jobs and propel the country to become the third largest economy in the world, Misal said.

Latest articles

Union Budget 2026 balances stability and growth, says Bharat Forge CMD Baba Kalyani

2 minutes of readingFebruary 1, 2026 21:18 IST Pune-based Bharat Forge Chairman and Managing Director...

As merger stalls, Tatkare says NCP will remain firmly in NDA | Pune News

4 minutes of readingPuneUpdated: Feb 1, 2026 09:52 pm IST Even as Chief Minister Devendra...

Prohibition order before the polls: police warn against publishing criminal reels | Pune News

2 minutes of readingPuneFebruary 1, 2026 21:39 IST The prohibitory order issued by the Pune...

Union Budget: Pune a leading contender for college townships close to industrial corridors, say educationists | Pune News

3 minutes of readingPuneFebruary 1, 2026 08:53 pm IST Pune, a well-known educational hub along...

More like this

Union Budget 2026 balances stability and growth, says Bharat Forge CMD Baba Kalyani

2 minutes of readingFebruary 1, 2026 21:18 IST Pune-based Bharat Forge Chairman and Managing Director...

As merger stalls, Tatkare says NCP will remain firmly in NDA | Pune News

4 minutes of readingPuneUpdated: Feb 1, 2026 09:52 pm IST Even as Chief Minister Devendra...

Prohibition order before the polls: police warn against publishing criminal reels | Pune News

2 minutes of readingPuneFebruary 1, 2026 21:39 IST The prohibitory order issued by the Pune...