15 pc of investments announced in Make in India Week fake: NCP

Opposition NCP today claimed that about 15 per cent of the total investment of Rs 8 lakh crore announced during the recently held 'Make in India Week' was fake as it questioned an MoU signed by Maharashtra government for the creation of affordable housing.
The opposition party alleged that about 15 per cent of the total investment of Rs 8 lakh crore said to have been garnered by Maharashtra government during the event was fake.
Furnishing the MoU signed between Maharashtra government and housing body MCHI-CREDAI during Make in India Week, NCP spokesperson Nawab Malik said the pact to develop 5.69 lakh affordable houses in the Mumbai Metropolitan Region (MMR) was "fake" as a similar MoU was signed during Congress-NCP rule in 2010.

"The MoU signed between the state housing department and MCHI-CREDAI is completely fake as we had signed the same MoU to develop a similar number of affordable homes with the housing body in 2010, when Ashok Chavan was Chief Minister and Chhagan Bhujbal was his deputy," Malik told reporters here.
"The value of this MoU, signed by Principal Secretary of housing department, Shreekant Singh, and MCHI-CREDAI President Dharmesh Jain, is Rs 1.10 lakh crore, which means that around 15 per cent of the Rs 8 lakh crore (investment) announced by the Chief Minister is fake," he alleged.
Malik further said the MoU signed by Chavan had lapsed in February 2015 without a single brick being laid, and that the government approached the housing body as part of the 'Make in India' campaign only to give an impetus to the investment announcements.

"The government says over 82 builders are part of MCHI and this project will generate around 7.65 lakh direct jobs. We want to know who these builders are and where will the government get people to buy houses as there is no money in the market," he said.

In the upcoming session of Maharashtra Legislature, NCP will demand that the government share online the details of companies that have agreed to invest in the state during the Make in India Week, Malik said.
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Replying to NCP's charge, Maharashtra Chief Minister
Devendra Fadnavis said his government has a policy to follow up each and every MoU.

"I am not aware what was signed in the year 2010, but if at all it (the MoU) was signed, it shows that the erstwhile (Congress-NCP) government has the habit of signing fake MoUs and do nothing (about it). Our government has a policy of following every single MoU signed," Fadnavis told