Saturday, May 8, 2010

Ruler Devlopments of Maharashtra

Favourable economic policies in the 1970s led to Maharashtra becoming India's leading industrial state in the last quarter of 20th century. Over 41% of the S&P CNX 500 conglomerates have corporate offices in Maharashtra. However, regions within Maharashtra show wide disparity in development. Mumbai, Pune and western Maharashtra are the most developed. These areas also dominate the politics and bureaucracy of the state. This has led to resentment among less developed regions like Vidarbha, Marathwada, and Konkan.

Maharashtra's gross state domestic product for 2008 is forecast to be at $150 billion at current market prices. The state's debt was estimated at 36 per cent of GDP in 2005.

In 2007 Maharashtra reported a revenue surplus of INR 810 crore.Maharashtra is the second most urbanised state with urban population of 42% of whole population.

is India's leading industrial state contributing 15% of national industrial output and over 40% of India's national revenue.64.14% of the people are employed in agriculture and allied activities. Almost 46% of the GSDP is contributed by industry. Major industries in Maharashtra include chemical and allied products, electrical and non-electrical machinery, textiles, petroleum and allied products. Other important industries include metal products, wine, jewellery, pharmaceuticals, engineering goods, machine tools, steel and iron castings and plastic wares. Food crops include mangoes, grapes, bananas, oranges, wheat, rice, jowar, bajra, and pulses. Cash crops include groundnut, cotton, sugarcane, turmeric, and tobacco. The net irrigated area totals 33,500 square kilometres.