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Maha govt will explore new markets in wake of US tariffs: CM Fadnavis

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Mumbai, Aug 27: Chief Minister Devendra Fadnavis on Wednesday said that the Maharashtra government has established a war room to review the situation arising from the US government’s move to impose a 50 per cent tariff on India, effective from August 27.

“The government will make all efforts to convert the present crisis into an opportunity by exploring new market options. When one path is shut, many other paths open. We have kept our eyes open for new opportunities. We will take this challenge as a new opportunity,” claimed the Chief Minister while speaking to reporters at his official residence, Varsha, after performing Pooja on the occasion of Ganesh Chaturthi.

He further added that the government has opened a war room to look for increasing trade opportunities in other markets and make improvements to be ready for global competition, adding that the government has set a target of making nearly 100 improvements, which include efforts to reduce production costs and export products to other markets.

The Chief Minister’s statement comes when the state government has already initiated discussions with the Union government to seek guidance to protect the interests of Maharashtra industries and employment to weather the US tariff shock.

He claimed that the state government is committed to safeguarding the interests of its industries and the economy.

The state government’s move to swing into action to tackle the imposition of a 50 per cent tariff by the US is important as Maharashtra is the second-highest exporting state from India in FY 2023-24 with IRs 5.56 lakh crore exports, which is 15.37 per cent of total exports from India.

Of the Rs 5.56 lakh crore exports, the state’s exports to the US were reported at Rs 111762 crore.

According to the state government data, the top five exporting districts from the state are Mumbai Suburban, Mumbai City, Pune and Thane, contributing 74 per cent of the state’s total exports.

The top 10 importing countries from the US are the UAE, Hong Kong, Belgium, the UK, China, Italy, the Netherlands, Germany, and Mexico. Top export products from Maharashtra are pearls, precious and semi-precious stones; drug formulations/ biologicals; gold and other precious metals, jewellery; motor vehicles and cars; and iron and steel.

Meanwhile, the Chief Minister said that the Ganeshotsav Mandalas have responded positively to the Prime Minister Narendra Modi’s appeal to showcase Operation Sindoor during the ongoing festival.

He further added that the self-reliant India and Swadeshi have also been projected by the Ganeshotsav Mandalas.

“In response to the appeal made by the Prime Minister to the country, the people have responded by accepting it as a people’s movement,” he claimed.

On Shiv Sena UBT chief Uddhav Thackeray and his family visiting the cousin and Maharashtra Navnirman Sena Raj Thackeray’s home for Ganapati Darshan, CM Fadnavis said that it is good that both brothers have come together.

Crime

Mumbai Police File FIR Against Agent Who Issued Fraudulent Dubai Job Offer To Retired Navy Chief Petty Officer Rakesh Kumar Yadav

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Mumbai: The Sahar police have registered an FIR against manpower agent Vinayak Koli for allegedly providing a fake appointment letter to a retired Navy Chief Petty Officer, Rakesh Kumar Yadav, 56, in an attempt to send him to Dubai.

Yadav, who retired in 2008 and previously worked as a seaman, had connected with Koli in 2021 while they were both working for the same company in Nigeria. In August 2025, while seeking a new job, Yadav responded to a WhatsApp job advertisement for an Electro Technical Officer. He discovered one of the contact numbers belonged to Koli, who then assured Yadav of an overseas position with Prayati Shipping Company.

Koli collected Yadav’s documents and, on October 9, provided him with an offer letter, an invitation, and a flight ticket from Mumbai to Dubai for the following day. However, on October 10, when Yadav presented the documents at Mumbai International Airport, immigration officers grew suspicious. An inquiry confirmed the offer letter was fraudulent.

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National News

Consumer Connect: ‘MahaRERA Confirms Interest Payment For Delay Is Absolute,’ Says Expert

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Your questions concern most homebuyers facing delayed possession. The answers lie in Section 18(1) of RERA, which states, “Where an allottee does not intend to withdraw from the project, he shall be paid by the promoter, interest for every month of delay, till handing over of possession, at such rate as may be prescribed.” In Maharashtra, the interest rate under Rule 18 is SBI’s highest MCLR + 2% per annum. The interest becomes payable soon after the promised possession date and any grace period mentioned in the agreement.

In your case, the agreed possession date is April 30, and with a six-month grace period, it extends to October 31. Hence, the delay period begins November 1, and the builder must pay monthly interest at MCLR + 2% from that date until actual possession with a valid occupancy certificate. Interest for November should thus be paid in the first week of December 2025, and thereafter every month until possession. As per Section 18, payment of interest is automatic, the homebuyer need not demand it. The builder, aware of the agreed possession date, should start paying interest on the entire amount received.

MahaRERA’s FAQs (Q.21) also confirm that this interest must be automatically paid. However, in practice, many buyers are forced to file complaints before MahaRERA to claim their rightful dues. Therefore, buyers should formally call upon builders to begin payment once delay starts and, if they fail to comply, lodge a complaint with MahaRERA. Your concern about builders citing delays ‘beyond their control’ is valid. But the Supreme Court, in the Newtech Promoters case, has clarified that the right to monthly interest for delay is absolute and non-negotiable.

MahaRERA has echoed this in a recent judgment, stating, “If the respondent fails to hand over possession by the specified date, the respondent shall be liable to pay interest to the complainant. This provision does not provide for any waiver, disclaimer, exception, or force majeure. It is an absolute provision.” It is time MahaRERA issues general directions to all promoters to comply with this statutory obligation, preventing homebuyers from repeatedly approaching the authority for an already settled legal right.

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Mumbai: Jogeshwari Residents Hold Massive Candle March Demanding Justice For Sanskruti Amin’s Tragic Death From Falling Concrete Block

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Mumbai: Around 1,000 residents of Jogeshwari East on Sunday held a candlelight march to honour 22-year-old Sanskruti Amin, who died tragically on October 8 when a cement block fell from an under-construction building on Thakur Road, striking her head. The march, starting at 10.30am near Maharaja Bhavan, Caves Road, Majaswadi, protested the incident and demanded justice.

Participants carried banners with messages like “Killer Builder” and “No Bail, Only Jail,” chanting “We Want Justice.” Harish Amin, President of the Billawar Association, said, “We held a peaceful two-hour candle march with around a thousand residents. We demand that the police arrest the builder within 24 hours. If needed, we will approach the Bombay High Court or Supreme Court and launch a larger agitation. The BMC must audit all construction sites to prevent such losses.”

Resident Aarun Kotian added, “The developer must be arrested without bail and their licence cancelled. Materials keep falling from this site, endangering residents.” Sudarshini, another resident, stated, “Construction should halt until Sanskruti’s case is resolved. The BMC must inspect the site thoroughly, as objects falling from it pose risks. Many constructions here ignore safety norms.”

BJP MLA Ameet Satam, who attended the march, demanded the developer’s arrest, saying, “I’ll urge the Mumbai Police Commissioner to act lawfully. If the police fail to investigate thoroughly, we’ll ensure they do. The BMC should audit all construction sites, stopping work with violations.” He added that if prior complaints about the site were ignored, the responsible BMC officer should face inquiry. Shiv Sena (UBT) MLA Anant (Bala) Nar and MNS spokesperson Sandeep Deshpande also joined.

The FIR states Sanskruti left home at 9.30am on October 8 for work when a concrete block from the 21st floor of a nearby building killed her instantly. Her father alleged the company neglected safety measures. The Meghwadi Police filed a case against Shraddha Lifestyle LLP and others under sections 105 (culpable homicide not amounting to murder) and 3(5) (common intention) of Bharatiya Nyaya Sanhita. On Saturday, they arrested site engineer Shambhu Kumar Palat Paswan, 29, and site manager Gaurav Dineshbhai Sondagar, 39, remanding them to custody until October 14.

Sanskruti, a hotel management graduate and the only child of her parents, had recently joined a bank on September 29 after leaving a hotel job.

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