Economy of Maharashtra Overview

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Questions and Answers

What is the population of Maharashtra as per the 2011 census?

  • 13.45 crores
  • 11.24 crores (correct)
  • 12.34 crores
  • 10.54 crores

Which of the following is NOT a revenue division of Maharashtra?

  • Delhi (correct)
  • Pune
  • Nagpur
  • Mumbai

What percentage of Maharashtra's population lived in urban areas as of the last recorded data?

  • 30.25%
  • 45.20% (correct)
  • 50.75%
  • 40.10%

According to the 2011 census, what was the sex ratio in Maharashtra?

<p>929 females per 1000 males (B)</p> Signup and view all the answers

How much did agriculture and allied activities contribute to the Gross State Value Added in Maharashtra during 2016-2017?

<p>12.2% (A)</p> Signup and view all the answers

Which of the following is NOT considered a characteristic of the economy of Maharashtra?

<p>High unemployment rates (B)</p> Signup and view all the answers

What was the literacy rate in Maharashtra according to the 2011 census?

<p>82.3% (B)</p> Signup and view all the answers

During which year was Maharashtra established as a state?

<p>1960 (B)</p> Signup and view all the answers

What percentage of the total FDI inflow in India was accounted for by Maharashtra from April 2000 to September 2017?

<p>31% (C)</p> Signup and view all the answers

Which of the following issues is NOT listed as a general problem in the industrial sector?

<p>High taxation rates (A)</p> Signup and view all the answers

What initiative was launched by the Government of India to facilitate the business approval process?

<p>National Single Window System (NSWS) (C)</p> Signup and view all the answers

Which program aims to develop small, medium, and micro enterprises in Maharashtra?

<p>Maharashtra State Industrial Cluster Development Programme (MSICDP) (D)</p> Signup and view all the answers

Which measure specifically encourages small-scale industries to participate in international exhibitions?

<p>Export performance awards (B)</p> Signup and view all the answers

Which state has consistently been the number one investment destination in India?

<p>Maharashtra (C)</p> Signup and view all the answers

What is NOT mentioned as a service sector activity?

<p>Real estate (A)</p> Signup and view all the answers

What is one of the general problems indicated for the industrial sector?

<p>Lack of opportunities for skill development (A)</p> Signup and view all the answers

How many state universities are solely focused on agricultural education?

<p>4 (C)</p> Signup and view all the answers

What is the primary focus of the Maharashtra Public Universities Act, 2016?

<p>Enhance academic autonomy and skill-based education (B)</p> Signup and view all the answers

What was the contribution of the service sector to the Gross State Domestic Product (GSDP) during 2017-18?

<p>54.5% (B)</p> Signup and view all the answers

Which of the following is NOT considered a core area for the development of the service sector?

<p>Manufacturing (B)</p> Signup and view all the answers

Which tier of health infrastructure includes Primary Health Centres and Community Health Centres?

<p>Primary tier (A)</p> Signup and view all the answers

What is the main purpose of improving economic infrastructure in a state?

<p>To facilitate production and distribution of goods and services (D)</p> Signup and view all the answers

What grant did Maharashtra receive to establish innovation and technology transfer hubs?

<p>`20 crore (B)</p> Signup and view all the answers

Which of the following measures is part of the road development plan in the state?

<p>Developing 3.37 lakh kms of road (B)</p> Signup and view all the answers

Which organization launched the Rashtriya Uchchatar Shiksha Abhiyaan (RUSA)?

<p>Government of India (C)</p> Signup and view all the answers

Which of the following statements about social infrastructure is correct?

<p>It enhances the quality of human life. (D)</p> Signup and view all the answers

How many Community Health Centres were reported as of 31st March 2017 in Maharashtra?

<p>360 (A)</p> Signup and view all the answers

What type of universities are included in the category of institutes of national importance in Maharashtra?

<p>Nationally recognized universities (D)</p> Signup and view all the answers

What was the internet subscriber base in Maharashtra as of September 30, 2017?

<p>5.45 crore (A)</p> Signup and view all the answers

Which initiative is aimed at promoting port-led development in Maharashtra?

<p>Sagarmala programme (B)</p> Signup and view all the answers

What does the Government of Maharashtra emphasize through the National Rural Health Mission (NRHM)?

<p>Strengthening rural health systems (C)</p> Signup and view all the answers

Which of the following is a component of social infrastructure?

<p>Drinking water (B)</p> Signup and view all the answers

What is one of the main objectives of the Maharashtra Tourism Policy, 2016?

<p>To make Maharashtra a leading tourist destination by 2025 (A)</p> Signup and view all the answers

What is the projected amount of investment the Maharashtra Tourism Policy aims to attract by 2025?

<p>Rs 30,000 crore (D)</p> Signup and view all the answers

Which organization is designated as the nodal agency for implementing the Maharashtra Tourism Policy, 2016?

<p>Maharashtra Tourism Development Corporation (MTDC) (C)</p> Signup and view all the answers

What scheme has MTDC launched to unify various experimental tourism projects?

<p>Mahabhraman (D)</p> Signup and view all the answers

What is one of the goals related to employment under the Maharashtra Tourism Policy?

<p>To create 1 million additional jobs (B)</p> Signup and view all the answers

Which of the following areas is not a main sector of the hospitality industry?

<p>Healthcare services (D)</p> Signup and view all the answers

How does the Maharashtra Tourism Policy aim to strengthen tourism infrastructure?

<p>Through public-private partnerships under a development fund (B)</p> Signup and view all the answers

Which mode of transportation is not typically categorized under the hospitality industry?

<p>Personal vehicles (A)</p> Signup and view all the answers

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Study Notes

Introduction to Maharashtra's Economy

  • Established on May 1, 1960; significant contributions from citizens have led to its distinguished economic status.
  • Divided into 36 districts across six revenue divisions: Mumbai, Pune, Nasik, Aurangabad, Amaravati, and Nagpur.

Key Features of Maharashtra's Economy

  • Second most populous state in India with a population of 112.4 million (2011).
  • Third largest state by area, covering approximately 308,000 square kilometers.
  • Most urbanized state, with 45.2% of the population residing in urban areas.
  • Sex ratio as of 2011: 929 females per 1,000 males.
  • Literacy rate reached 82.3% as per the 2011 census.
  • Achieved the highest growth rate in Gross State Domestic Product (GSDP) and State Per Capita Income (SPCI) among Indian states.

Economic Composition

  • Economic growth driven by various sectors: agriculture, industry, and services.
  • Agricultural sector's contribution to GSVA declined from 15.3% (2001-02) to 12.2% (2016-17).
  • Industrial sector projected to grow by 6.1% in 2022-23.

Foreign Direct Investment (FDI)

  • Maharashtra ranks as India’s top destination for FDI, with inflows totaling ₹6,11,760 crore from April 2000 to September 2017, representing 31% of total FDI in India.

Challenges in the Agricultural Sector

  • Agricultural problems including dependency on foreign direct investment amid liberalization.

Challenges in the Industrial Sector

  • Common issues: bureaucratic delays, limited skill development opportunities, outdated technology, insufficient infrastructure, lack of motivation for entrepreneurs, and regional imbalance.

Government Initiatives for Industrial Development

  • Introduction of a single window cell for investor clearances and National Single Window System (NSWS) for streamlined approvals.
  • The establishment of MAITRI to provide online investment process information.
  • Incentives for small scale industries, creation of Special Economic Zones (SEZs), and support for micro enterprises through Maharashtra State Industrial Cluster Development Programme (MSICDP).

Service Sector Overview

  • Comprises insurance, tourism, retail banking, education, and social services, contributing 54.5% to GSDP in 2017-18.
  • Key areas for growth: Fintech, IT/ITES, electric vehicles, tourism, private universities.

Infrastructure Development

  • Essential for economic development; acts as an investment magnet.
  • Measures include expanding electricity generation, rural electrification, extensive road development, metro projects in Mumbai and Nagpur, and promoting the Sagarmala programme for port development.

Social Infrastructure

  • Focused on improving literacy, health services, housing, and sanitation.
  • Maintains 22 state universities and various institutes for specialized education.
  • Launched the Maharashtra Public Universities Act, 2016, emphasizing academic autonomy and skill-based education.

Health Services

  • Infrastructure includes 1,814 primary health centers and 360 community health centers as of March 2017.
  • Programs under National Rural and Urban Health Missions aimed at improving health in rural and urban areas.

Tourism Development

  • Government aims to position Maharashtra as a leading tourist destination by 2025 with a focus on attracting ₹30,000 crore in investments and creating 1 million jobs.
  • Maharashtra Tourism Development Corporation (MTDC) coordinates tourism initiatives and various events to enhance the state's appeal.

Hospitality and Entertainment Industry

  • Hospitality includes food & beverage, lodging, travel & tourism, and recreation, driven by growing tourism.
  • India is recognized for producing the largest number of films globally, indicating the vibrant entertainment industry within the state.

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