The state government's decision to 'review' all major infrastructure projects in view of a major financial crisis suffocating the state has sent shockwaves in India Inc., though nobody has commented openly so far in the country's commercial capital.

As Chief Minister Uddhav Thackeray ordered the reappraisal based on broad parametres like availability of finances, long-term financial viability of projects, their priority and relevance, state minister and NCP leader Jayant Patil made a shock disclosure that the state was in the grip of a '4.71 lakh crore debt, plus commitments of another '2 lakh crore on 'mega-infra projects' made by the previous government.