India, April 25 -- Devendra Fadnavis may be a chief minister in a hurry, but on Thursday, he was told the pace still wasn't enough - Maharashtra's economy would have to accelerate further if it hopes to hit the $1-trillion mark by 2028.

With the economy's current growth lagging at 11%, against a target of 14.5%, the Maharashtra Institute for Transformation (Mitra), a government think tank, suggested leveraging available capital expenditure space, off-budget funding and boosting the growth of backward districts.

These were some of the highlights of a presentation made by Praveen Pardeshi, chief executive officer of Mitra, at its governing council meeting chaired by Fadnavis on Thursday. Pardeshi pointed out that Maharashtra's growth lags...