Mumbai, Feb 6: Tata Sons chairman N Chandrasekharan will head the Maharashtra state Economic Advisory Council (EAC) which also includes Karan Adani and Anant Ambani, a government resolution said on Monday.
Karan Adani, the CEO of Adani Ports and SEZ Ltd, is the son of Gautam Adani, who is battling allegations of stock manipulation and fraud in Adani Group raised by Hindenburg Research. The Adani Group has denied the allegations, which created a political firestorm and eroded his networth.
The Adani junior has been named as the expert on the ports and SEZ sector in the 21-member body.
The name of Anant Ambani, the youngest son of Reliance Industries chairman Mukesh Ambani, appears next to the "diversified" sector in the list of the EAC members. Anant is the Executive Director of Reliance Industries.
"An Economic Advisory Council as an Independent Body to advise the state government on economic and other related issues ," the government resolution said.
The council has domain experts from fields including textiles, pharma, ports, special economic zone, banking, agriculture, industries, engineering, and manufacturing.
The EAC will advise the state government on any financial or other policy matter referred to it, address issues of macroeconomic importance and present the council's views to the government.
Reacting to the GR, Leader of Opposition in Maharashtra Legislative Council Ambadas Danve, who belongs to the Uddhav Thackeray faction of Shiv Sena, has sarcastically said the state government should hand over the reins of power to Adani and others.
The 21-member panel comprises a chairman, three full-time members (who are top officials of the state government), and 17 part-time members.
Sanjiv Mehta, Chairman and Managing Director of Hindustan Unilever Ltd; SN Subramanyam, Chief Executive Officer & Managing Director, Larsen & Toubro; Milind Kamble Chairman, Dalit Indian Chamber of Commerce and Industry; Ajit Ranade Vice Chancellor, Gokhale Institute Of Politics & Economics are part of the council.
Senior bureaucrats O P Gupta Additional Chief Secretary, Finance Department, Harshdeep Kamble Principal Secretary, Industries Department, and Rajgopal Devara, Additional Chief Secretary, Planning Department, are also part of the panel.
The notification said the role of the state of Maharashtra is crucial in the fulfillment of the objective to make India a USD 5 trillion economy.
Accordingly, the goal of Maharashtra to become an economy of USD 1 trillion is intrinsically linked with the national goal and the collaboration of private and public sectors will help to achieve it.
To study and determine parameters of key indicators in all sectors, as well as formulate strategies for growth in these sectors aligned with the objective of a "USD 1 trillion economy", involves extensive and in-depth consultation with various stakeholders in the state, the GR said stating the objective behind setting up the EAC.
The EAC will suggest measures for achieving the Sustainable Development Goals (SDGs) and determine parameters for important indicators in all sectors as well as to formulate strategies for growth in these sectors linked to the objective of USD 1 trillion.
It will also submit the five-year plan document to the state government in accordance with the above mentioned matters.
Meanwhile, Ambadas Danve slammed the government in a tweet.
"Instead of running the government for Ashar and Adani why don't you hand over this state government to them (sic)," he tweeted along with a page of the GR with the name of Karan Adani encircled.
"The inclusion of Adani Group's Karan Adani in the Economic Advisor Council shows for whom the government is working. But this will not work in Maharashtra," he added.
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Kolkata (PTI): Chief Minister Mamata Banerjee undertook a roadshow in south Kolkata spanning over six kilometres on Monday afternoon at the fag end of campaigning for the second and final phase of the West Bengal assembly election.
The TMC chief was accompanied by party Rajya Sabha MP Sagarika Ghose and candidates Aroop Biswas and Debasish Kumar from Tollygunge and Rashbehari, respectively.
People waiting on the roadside and on rooftops and balconies waved at Banerjee as she greeted them with folded hands, walking briskly, as her party compatriots had a tough time keeping pace with her.
The chief minister is contesting from the Bhabanipur assembly seat, where she is pitted against her bete noire, Suvendu Adhikari of the BJP, who defeated her in the 2021 elections in Nandigram.
Banerjee was subsequently elected from Bhabanipur in a byelection.
The roadshow started at Sukanta Setu in the Jadavpur area and culminated at Gopalnagar crossing, past her Kalighat residence, with two small stopovers in between.
TMC flags, festoons, cutouts of Banerjee and banners with slogans in favour of the candidates adorned the roadsides through which the road show passed and culminated at around 5.30 pm.
A large number of TMC supporters participated in the roadshow that Banerjee conducted to end her campaign for the 2026 assembly election in West Bengal.
