The state’s capital, Mumbai, is the commercial capital of India and has evolved into a global financial hub. Retrieved 19 May 2018. Amid the sharp drop in income collections, state’s committed revenue expenditure has continued to burden the state exchequer, forcing the state to apply brakes on development spend and borrow Rs 52,000 crore to meet the salary bill. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: In the following 5 chapters, you will quickly find the 26 most important statistics relating to "Maharashtra". This build is likely to take five years and probably result in a big shift in the city’s quality of life.
Maharashtra also has suburban railway networks in Mumbai and Pune that carry around 6.4 million passengers every day using the same tracks that are used by long-distance passenger and freight trains.[88]. An international cargo hub project, the Multi-modal International Cargo Hub and Airport at Nagpur, (MIHAN), has been developed.
Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. 64.14% of the people are employed in agriculture and allied activities. Pharmaceuticals, petrochemicals, heavy chemicals, electronics, automobiles, engineering, food processing, and plastics are some of the major industries in the state. Economy of Maharashtra is equivalent to Nigeria on nominal basis and is equivalent to Thailand on ppp basis. In rural Maharashtra, the end of the kharif sowing season has coincided with loss of work under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) resulting in labour losses. American Journal of Engineering Research, 2(03), pp.27-35. But subdued consumption activity remains a big concern. The state has also added to the road network connecting district places to major trading ports and cities. Although its population makes Maharashtra one of the country's largest energy users,[14][15] conservation mandates, mild weather in the largest population centres and strong environmental movements have kept its per capita energy use to one of the smallest of any Indian state.
The Maharashtra State Road Transport Corporation (MSRTC) provides economical and reliable passenger road transport service in the public sector. exporter of pomegranates, grapes[156] and onions. Agriculture includes crops, horticulture, milk and animal husbandry, aquaculture, fishing, sericulture, aviculture, forestry, and related activities. [89] JNP accounts for more than half of total container volumes handled at India's 12 public ports and around 40 percent of the nation's overall containerized ocean trade. The state’s GVA will shrink by 16.4 per cent by the year end,” a senior government source said. Press Information Bureau, Government of India, Maharashtra Industrial Development Corporation, Council for the Indian School Certificate Examinations, Central Board for Secondary Education (CBSE), Maharashtra State Board of Secondary and Higher Secondary Education, Maharashtra State Road Transport Corporation, Dr. Babasaheb Ambedkar International Airport, Multi-modal International Cargo Hub and Airport at Nagpur, Meetings, Incentives, Conferencing, Exhibitions, National Bank for Agriculture and Rural Development, Learn how and when to remove this template message, "India's major ports see 6.7 percent growth in container volumes", "Information About Maharashtra, Industries, Economy, Exports of Maharashtra", "Economic Survey of Maharashtra 2019-20, Directorate of Economics and Statistics, Planning Department, Government of Maharashtra", http://oar.icrisat.org/10872/1/A%20Better%20World%20-%20Volume%204.pdf, "Identification of suitable sites for Jatropha plantation in Maharashtra using remote sensing and GIS", "A model Indian village- Ralegaon Siddhi", "Maharashtra economy soars to $85b by 2005", "Maharashtra used up 1193 MW more power in wintert", "ONGC makes significant oil, gas discovery in Arabian Sea - Times of India", "Maharashtra State Power Generation Company -A Power Generating Utility", Maharashtra State Power Generation Company, "Power demand-supply position of the state of Maharashtra", "With No Water and Many Loans, Farmers' Deaths Are Rising in Tamil Nadu", "In 80% farmer-suicides due to debt, loans from banks, not moneylenders", "Sugar cooperatives on death bed in Maharashtra", "PROBLEMS AND PROSPECTS OF THE COOPERATIVE MOVEMENT IN INDIA UNDER THE GLOBALIZATION REGIME", "National Federation of Cooperative Sugar Factories Limited", "सागरी मत्स्य उत्पादनात महाराष्ट्र चौथ्या स्थानावर | eSakal", "Media and Entertainment Industry -Brief Introduction", "Govt dissolves education board; schools now under Pune Municipal Corporation's wing - Times of India", "Maharashtra Assembly passes bill allowing private companies to open schools in state, sets guidelines", "PMC schools to run junior colleges from 2018-19 - Times of India", "Free sanitary napkins for girls in civic schools - Times of India", "CBSE Class XII Results: Pune schools stand tall; Arts students shine again – Pune Mirror -", "High 90% scores & full marks in subjects bring cheer to ICSE schools – Times of India", "List of autonomous institutes in Maharashtra", "Economic Times: Despite private participation Education lacks quality in Maharashtra", All India Council for Technical Education, "Multimodal transportation system in state", Mumbai Metropolitan Region Development Authority, "List of State-wise National Highways in India", "The Maharashtra State Road Transport Corporation", "Thane is busiest railway station in Mumbai – Times of India", "Maharashtra – Physical Infrastructure, Railways", "Reliance Airport gets five projects on lease", "Maharashtra Tourism Development Corporation", "Mumbai a global financial centre? Indian government owned Indian Railways runs Rail network in Maharashtra as well as the rest of the country. Therefore, the agricultural calendar of Maharashtra and other parts of India is governed by Monsoon. Rao, R.P., and Talukdar, S.N., Petroleum Geology of Bombay High Field - India, in Giant Oil and Gas Fields of the Decade:1968-1978, Halbouty, M.T., editor, AAPG Memoir 30, 1980, Tulsa: American Association of Petroleum Geologists. [50] The service sector includes traditional fields such as education, health, transport, real estate, banking and insurance as well as newer sectors such as information technology. Other macro indicators, including electricity consumption, vehicle registrations, etc, have also seen subdued growth, indicating the lack of adequate demand, an official added.
remaining industrially backward. The Government of Maharashtra is promoting the development of several Special Economic Zones (SEZs) across Maharashtra for sectors such as IT/ITeS, pharmaceuticals, biotechnology, textile, automotive & auto components, gems & jewellery and food processing.
More than 41% of the S&P CNX 500 conglomerates have corporate offices in Maharashtra.
[7] It is one of the most urbanised of Indian States. There are large coal production facilities in Chandrapur district. Statista assumes no Places of interest include ancient caves and monuments at Ajanta, Ellora, Elephanta and Karle-Bhaje, numerous mountain forts from the Maratha empire era such as Raigad, Sinhagad, Rajgad, Shivneri, Panhala, British era hill stations such as Lonavala, Khandala, Mahabaleshwar, and Matheran, tiger reserves such as Melghat, Nagzira, and Tadoba, and national parks such as Navegaon Bandh. Between 1999 and 2018, GDP … The 97-hectare PIECC will boast a seating capacity of 20,000 with a floor area of 13,000 m2 (139,931 sq ft). alive. In 1960, the region of Maharashtra was a pioneer in the development of Agricultural Cooperative Societies after independence. Recent years have seen a huge increase in farmers committing suicide in Maharashtra because of indebtedness resulting from monsoon failure, climate change, and at times cost of growing crops being higher than the market price. Mumbai, Pune and Nagpur are the major airports in the state. [101], As of 2015[update], Mumbai's metro area GDP (PPP) was estimated at $368 billion.
As a part of the ‘Make in India’ initiative, the state government in planning to come up with an electronics policy for companies interested to invest in this sector in Maharashtra. The state has 416 post-secondary school industrial training institutes (ITIs) run by the government and 310 Industrial Training Centres (ITC) run by private entities that offer vocational training in numerous trades such as construction, plumbing, welding, automobile mechanic etc. A comparative study of customer preferences towards fresh groceries: organized v/s unorganized retailers. benefits. Maharashtra … Vidarbha's economy is primarily agricultural, with the addition of forest and mineral wealth.
For consent related queries and conditions, please write to info.brandindia@ibef.org, An initiative of the Ministry of Commerce & Industry, Government of India, ALERT : Javacript is either disabled OR not not supported by this browser. The Maharashtra Express service which connects the city of Kolhapur in southwestern Maharashtra to Gondia in Northeast Maharashtra holds the current record for the longest distance covered in one state as its entire run of 1,346 km (836 mi) is entirely within Maharashtra. Devi, M.S., Singh, V.V., Xavier, M. and Shenoy, L., 2019. In terms of Gross State Value Added or GSVA, the economy will likely see 7.4 per cent plunge in the October-December quarter from a year ago. [107], Mumbai has been ranked sixth among top ten global cities on the billionaire count with 28[108] and 46000 millionaires, with total wealth around $820 billion[109] 48th on the Worldwide Centres of Commerce Index 2008,[110] seventh in the list of "Top Ten Cities for Billionaires" by Forbes magazine (April 2008),[111] and first in terms of those billionaires' average wealth. Compressive study on importance of wind power in India. [9]:18, As part of its sustainability efforts, the state has started a project for the identification of suitable plantation sites for Jatropha, a drought resistance plant. Check dates and other details of Indian Railways' private service, Air Force to add more fire power!
Mumbai is the major port in Maharashtra, which led to flourishing trade and industrial development since 17th century A.D. Major national highways, railways pass through state, aiding in fast movement of goods and people. convenience stores, the vegetable markets, and hawkers. [101], Until the 1970s, Mumbai owed its prosperity largely to textile mills and the seaport, but the local economy has since then diversified to include finance, engineering, diamond-polishing, healthcare and information technology. The state government announced plans to invest US$ 1,658.2 million for the development of railways infrastructure. Knoema is the most comprehensive source of global decision-making data in the world. there FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Centre for Civil Society, CCS RESEARCH INTERNSHIP PAPERS 2004, Kaul, S., 2006.
Religious tourism includes places such as Shirdi (Saibaba temple), Nashik (Hindu holy place), Nanded (Gurdwara), Nagpur (Dikshabhomi), Siddhivinayak temple and Haji Ali Dargah in Mumbai and Pandharpur (Vitthal-Rukmini temple) as well as the five Jyotirlingas out of eleven and Shakti peethas such as Kolhapur (Mahalakshmi Temple). They were placed on your computer when you launched this website. Major district roads provide a secondary function of linking between main roads and rural roads. ", "GDP growth: Surat fastest, Mumbai largest", "City Development Plan (Economic Profile)", "Delhi, not Mumbai, India's economic capital – Times of India", "Indian Ports Association, Operational Details", "Mumbai sixth among top 10 global cities on billionaire count", "Mumbai richest Indian city with total wealth of $820 billion, Delhi comes second: Report", "Worldwide Centres of Commerce Index 2008", "In Pictures: The Top 10 Cities For Billionaires", "The boom is over in Detroit.
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