After the formation of Maharashtra State on May 1, 1960, the Government of Maharashtra
constituted a "Board of Industrial Development" (BID) on October 1, 1960, under the
Chairmanship of Shri. S. G. Barve, I.C.S. The various committees recommendations received
in the industries department were taken up for implementation and as per the Borkar Committees
recommendations, development of Ulhas Valley Water Supply was entrusted to the Board of
Industrial Development (BID).