Tag: the economy of maharashtra

According to Maharashtra State Economic Survey 2018-19, States contribution to all India nominal GDP is highest at 14.4 percent.

Maharashtra is the third largest state in India in terms of geographical area measuring about 3.08 Lakh Sq. Kms. Rajasthan is the largest state in India followed by Madhya Pradesh & Maharashtra.

According to the Economic Survey of Maharashtra for 2016-17, the state had the highest the state had the highest growth of GDSP (Gross State Domestic Product) and SPCI (State Per Capita Income) in comparison with other states.

Maharashtra is  one of the most urbanised state of India. 45.2 % of Maharashtra's population lives in towns and cities. Among Indian States, Goa is now the most urbanised State with 62.2 percent urban population living in towns and cities. In terms of absolute number of persons living in urban areas, Maharashtra continues to lead with 50.8 million persons which comprises 13.5 percent of the total urban population of the country. 

According to the Census, a person aged 7 years and above who can read and write with understanding in any language, is treated as literate. The literacy rate in India as per the Census of 2011 is 74.04 percent; 82.14 percent for males and 65.46 percent for females. In Maharashtra, the literacy rate is 82.3 percent.

According to 2011 population census the most populated states are:

1. Uttar Pradesh (199.6 million)
2. Maharashtra (112.4 million)
3. Bihar (103.8 million)
4. West Bengal (91.3 million)

According to Maharashtra State Economic Survey 2018-19, Per capita Income during 2018-19 is expected at 1,91,827 as against 1,76,102 during 2017-18 (higher by 8.9 percent).

The Maharashtra State economy is characterised by:

• Abundant Natural Resources
• Availability of skilled manpower
  
• Technological advancement
  
• Developed infrastructure
  

The Maharashtra state capital Mumbai is not only home for leading corporate houses and firms but also has Asia's oldest Stock Exchange, the Bombay Stock Exchange. 

Sex ratio is defined as the number of females per 1000 males in the population. This information is an important social indicator to measure the extent of equality between males and females in a society at a given time. According to 2011 census, the sex ratio of Maharashtra was 929 females per 1000 males.