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<h1>State guarantee for HUDCO infrastructure loan authorised to enable land acquisition and development of a major transport corridor.</h1> The cabinet approved winding up the state asset reconstruction company after regulatory non licensing and authorised a state guarantee for HUDCO financing to fund land acquisition and development of the Virar Alibaug transport corridor, with HUDCO borrowing amendments to support the project; it also enacted land regularisations, conversion of leaseholds to freehold, relief for pending non agricultural tax dues, and measures to facilitate housing, education grants, judicial infrastructure, health administration reforms, and adoption of the Maharashtra Jan Vishwas Ordinance to simplify minor offences.