algaon - unfolding new era of self-driven growth and prosperity

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The agricultural dominated Jalgaon district holding its majority share in banana and cotton produces is unfolding new era of liberalisation and self-driven growth. Jalgaon in-spite of being politically ill-fated to ruling State Governments, has now driven its own growth parameters utilising its strengths, geographical advantages and being centre point of commuting for nation’s many developed and fast developing metros.
Last few years have been foundation stones of people driven growth and overcoming shorts of its local governances with zero to low support in desired parameters. Banking has been pioneer of this boon with Jalgaon being the most affected victim of co-operative Societies financial irregularities trapping over 1,000 Crores of cash of citizen’s savings. District earlier having few nationalised and private banks and just finger countable ATM has rapidly changed. Nation’s almost all large scale private banks, nationalised banks and co-operative banks are now in Jalgaon district and that too widening their presence to Tahsil levels as well. This dawn in banking has ushered all new parameters of businesses and personal services in banking to region assisting it in shaping a stable and secure growth ahead.
Education turned second biggest plus for region with significant arrival of many national level schools, Engineering and Technical education institutions. Many more educational institutions are also in pipeline to mark their presence in this. Jalgaon now has more number of intake seats than Nashik in engineering and technical education, a University presence along with wonderful rising count of schooling facilities. This has also availed wonderful number of employment opportunities to region and has availed sound inflow of other than local students boosting overall economy of region. Educational growth here can be symbolised with a pretty one liner statement: You avail/ have 500 skilled teaching resources in various field, we have rewarding jobs/ recruitment for them.
During this growth arena, Jalgaon’s industrial and trade sectors aiming hand to hand steps of growths, could not raise much. Both Industries and trade sectors being local governance support and taxation structure dependent could not open their wings in spite of many agitations and demands raised. Industrial sector is equally facing labour issue with earlier regionalism troubling other State workers along with no to lowest infrastructural facilities from Corporation. The most tragic segment for them is to pay double taxes i.e. to MIDC as well as to Corporation. Traders continue to be most desired catches from local and State governances with no visionary approach in boosting trades. Region’s traders earlier striking harder with Octroi now have LBT as another challenge to digest. The most ancient saying of odd circumstances always usher one to apply the best seem to be the current mantra of both of these sectors. Hopes of doubled pace growth in industrial zone post airport start up and Corporation slowly begun infrastructure reforms to show itself as working governance are a few rays of hopes for both these segments.
Real estate has turned one of most lucrative and rewarding planned strategy for region. Large inflow of outsider officials, faculty members, students, growing populace and need of land for various governmental, banking and educational institutions along with housing have almost tripled property rates in Jalgaon in last 2 years. Real estate is today’s most talked and has always been most preferred investment tool in region. The year 1990’s and year 2000 investors have turned multi-millionaire just for withholding invested lands. This segment is now all set to mark arrival of various national level builders/ developers for medium sized projects.
The earlier built negativity of having no businesses/ growth in region is fading in trade communities with this new unfold in prosperity. This growth being self-driven and people owned would multiply rapidly and is one of more stable and permanent phases of charisma for region. Let us all contribute and apply our best to be the most benefited element of this new dawn of global growth.

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