Mumbai, Maharashtra Chief Minister Eknath Shinde on Thursday released a NITI Aayog report that aims to more than double economic activity in the Mumbai Metropolitan Region (MMR) to $300 billion by 2030 from $140 billion. current dollars.

However, Opposition Shiv Sena (UBT) leader Aaditya Thackeray questioned whether the Central think tank's study, ahead of the Maharashtra elections, was a precursor to making the city a Union Territory.

The report, released at "Sahyadri", the state-run guest house, in the presence of Shinde MP Devendra Fadnavis and World Economic Forum founding president Klaus Schwab, says it is possible to significantly increase economic activity in the region of Mumbai in less than five years and will create up to 28 lakh new jobs in the state.

To make it possible, investments are required throughout the megalopolis, including the private sector.

The region needs to establish itself as a global services hub for industries such as financial services, fintech, artificial intelligence, healthcare and media, according to the report.

The doubling of economic activity will lead to an increase in per capita income to $12,000 in 2030 from $5,248 today, he adds.

Speaking at a press conference elsewhere, Aaditya Thackeray claimed that the BJP-led government at the Center might be planning to convert Mumbai into a Union Territory, hence this study.

“…our demand is that Mumbai has its GIFT city that was stolen and taken to Gujarat. When we have our government at the Centre, Mumbai will have its own GIFT city,” the former state minister said.

He also demanded an apology from Union Commerce Minister and Mumbai North MP Piyush Goyal for “promoting” Gujarat International Finance Tec-City (GIFT City) near Ahmedabad.

Regional parties, including the Shiv Sena (UBT) and Maharashtra Navnirman Sena (MNS), have in the past accused the Union government of harboring plans to separate Mumbai from Maharashtra.