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MUMBAI: The state cabinet on Wednesday decided to set up the Maharashtra State Infrastructure Development Corporation for quality and speedy maintenance and repairs of roads in the state.
Its share capital will be Rs100 crore and 51% government share will be made available in a phased manner, officials said. “Supplementary funds for development and maintenance of roads and buildings will also be raised. Out of the 3lakh km of roads in the state, 1lakh km of major state roads and major district roads are under Public Works Department (PWD),” the official said.
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