Maharashtra Govt approves amendment of cooperative societies act

07 May 2021 CW Team

The Maharashtra Government has approved a proposal to amend the Cooperative Societies Act 1960 to ensure that members of cooperative societies do not lose their voting rights during the next elections.

As per the current law, a member must attend at least one cooperative society meeting every five years, or he will be considered inactive and lose his voting rights.

Currently, the second wave of the Covid-19 pandemic has halted the operations of a number of cooperative societies across the state.

The cabinet has decided to allow such members to remain active members of societies, despite the possibility that many members would lose their voting rights if several societies were unable to hold their annual meetings.

The state government postponed cooperative society elections until the end of August on April 6.

In the meantime, the cabinet approved a plan to transfer the Annasaheb Patil Economically Backward Development Corporation from the skills development department to the state planning department.

During its meeting, the council of ministers approved the higher and technical education department's proposal to convert the existing three colleges into a cluster university.

The Rayat Shikshan Sanstha included colleges of arts, commerce, and science.

In another decision, the cabinet approved a proposal from the state Medical Education Department to apply the 7th Pay Commission recommendations to teachers at aided private Ayurvedic and Unani colleges.

This approval will increase the exchequer's financial burden by Rs 116.77 crore, plus arrears, beginning 1 January 2016.

To bring parity in construction rights, FSI, and TDR in the region, the state cabinet has decided to merge the Pimpri Chinchwad New Township Development Authority with the Pune Metropolitan Regional Development Authority.

Image Source

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..