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Maharashtra cabinet clears bamboo policy promising 5 lakh jobs and Rs 50000 crore investment
India
Published on 24 April 2026

Bamboo clusters may become farmers next steady income source
Maharashtra’s cabinet has approved a bamboo industry policy aimed at attracting Rs 50,000 crore investment and creating over 5 lakh jobs through 15 planned clusters. The move is designed to offer farmers a more sustainable income stream. Alongside this, the government will allocate Rs 500 crore to upgrade Dr. Ambedkar’s educational institutions, and sanctioned 2,228 new posts for the Bombay High Court.
- Cabinet approved a bamboo policy backed by Rs 50,000 crore investment
- Plan targets over 5 lakh jobs via 15 industry clusters
- Policy aims to create sustainable income for farmers
- Rs 500 crore upgrade for Dr. Ambedkar institutions; 2,228 court posts cleared
Read the full story at The Economic Times
This summarization was done by Beige for a story published on
The Economic Times
