Tag: economics development of maharashtra - service sector

The state of Maharashtra has implemented the Right to Education (RTE) in the age group 6-14 years to provide free and compulsory education under the Sarva Shiksha Abhiyan (SSA). The expenditure of the state government on primary education was 19486 crore during 2016-17.

Internet subscriber base was 5.45 crore in Maharashtra as on 30th September 2017, which is highest among all the states.

Rashtriya Madhyamik Siksha Abhiyan (RMSA) was launched in 2009 with the objective to improve the access as well as the quality of secondary education. During 2016-17, the state government's expenditure on secondary and higher secondary education was 16089 crore.

Rashtriya Uchchatar Shiksha Abhiyaan (RUSA) is a centrally sponsored scheme launched by the Government of India in 2013. It aims at providing strategic funding to higher educational institutions throughout the country. Maharashtra is the first state in the country to receive  RUSA grant of 20 crore under Research and Innovation and Quality improvement for setting up innovation and technology transfer hubs.

Service Sector is the largest employment generating and fastest growing sector of the state economy. The contribution of service sector to the Gross State Domestic Product (GSDP) has been highest compared to other sectors in the economy. It was 54.5 % during 2017-18.

To meet the challenge of liberalization, privatization and globalization, the state enacted the new Maharashtra Public Universities Act, 2016. Key focus of this Act is to promote academic autonomy and excellence, skill based education through democratic process in higher education.

Road development plan (2001-2021) is being implemented in the state of Maharashtra with a target to develop 3.37 lakh kms of road.

There are 1814 primary health centres and 360 community health centres are there in Maharashtra as on 31 March 2017.

Infrastructure is the basic requirement for economic development. A sound infrastructural foundation is the key to overall socio-economic development of the state. This act as a magnet for attracting additional investment into the state and thus provides a competitive edge to it over other states.

There are 22 state universities in Maharashtra. Out of which 4 universities are for agriculture, one university for health sciences courses, one university for veterinary science, one for technology and 15 other for other universities for general courses. In addition to these, there are 21 autonomous universities, one central university, 4 private universities and 5 institutes of national importance in the state.