Podcast
Questions and Answers
What is the population of Maharashtra as per the 2011 census?
What is the population of Maharashtra as per the 2011 census?
Which of the following is NOT a revenue division of Maharashtra?
Which of the following is NOT a revenue division of Maharashtra?
What percentage of Maharashtra's population lived in urban areas as of the last recorded data?
What percentage of Maharashtra's population lived in urban areas as of the last recorded data?
According to the 2011 census, what was the sex ratio in Maharashtra?
According to the 2011 census, what was the sex ratio in Maharashtra?
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How much did agriculture and allied activities contribute to the Gross State Value Added in Maharashtra during 2016-2017?
How much did agriculture and allied activities contribute to the Gross State Value Added in Maharashtra during 2016-2017?
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Which of the following is NOT considered a characteristic of the economy of Maharashtra?
Which of the following is NOT considered a characteristic of the economy of Maharashtra?
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What was the literacy rate in Maharashtra according to the 2011 census?
What was the literacy rate in Maharashtra according to the 2011 census?
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During which year was Maharashtra established as a state?
During which year was Maharashtra established as a state?
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What percentage of the total FDI inflow in India was accounted for by Maharashtra from April 2000 to September 2017?
What percentage of the total FDI inflow in India was accounted for by Maharashtra from April 2000 to September 2017?
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Which of the following issues is NOT listed as a general problem in the industrial sector?
Which of the following issues is NOT listed as a general problem in the industrial sector?
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What initiative was launched by the Government of India to facilitate the business approval process?
What initiative was launched by the Government of India to facilitate the business approval process?
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Which program aims to develop small, medium, and micro enterprises in Maharashtra?
Which program aims to develop small, medium, and micro enterprises in Maharashtra?
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Which measure specifically encourages small-scale industries to participate in international exhibitions?
Which measure specifically encourages small-scale industries to participate in international exhibitions?
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Which state has consistently been the number one investment destination in India?
Which state has consistently been the number one investment destination in India?
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What is NOT mentioned as a service sector activity?
What is NOT mentioned as a service sector activity?
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What is one of the general problems indicated for the industrial sector?
What is one of the general problems indicated for the industrial sector?
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How many state universities are solely focused on agricultural education?
How many state universities are solely focused on agricultural education?
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What is the primary focus of the Maharashtra Public Universities Act, 2016?
What is the primary focus of the Maharashtra Public Universities Act, 2016?
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What was the contribution of the service sector to the Gross State Domestic Product (GSDP) during 2017-18?
What was the contribution of the service sector to the Gross State Domestic Product (GSDP) during 2017-18?
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Which of the following is NOT considered a core area for the development of the service sector?
Which of the following is NOT considered a core area for the development of the service sector?
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Which tier of health infrastructure includes Primary Health Centres and Community Health Centres?
Which tier of health infrastructure includes Primary Health Centres and Community Health Centres?
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What is the main purpose of improving economic infrastructure in a state?
What is the main purpose of improving economic infrastructure in a state?
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What grant did Maharashtra receive to establish innovation and technology transfer hubs?
What grant did Maharashtra receive to establish innovation and technology transfer hubs?
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Which of the following measures is part of the road development plan in the state?
Which of the following measures is part of the road development plan in the state?
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Which organization launched the Rashtriya Uchchatar Shiksha Abhiyaan (RUSA)?
Which organization launched the Rashtriya Uchchatar Shiksha Abhiyaan (RUSA)?
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Which of the following statements about social infrastructure is correct?
Which of the following statements about social infrastructure is correct?
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How many Community Health Centres were reported as of 31st March 2017 in Maharashtra?
How many Community Health Centres were reported as of 31st March 2017 in Maharashtra?
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What type of universities are included in the category of institutes of national importance in Maharashtra?
What type of universities are included in the category of institutes of national importance in Maharashtra?
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What was the internet subscriber base in Maharashtra as of September 30, 2017?
What was the internet subscriber base in Maharashtra as of September 30, 2017?
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Which initiative is aimed at promoting port-led development in Maharashtra?
Which initiative is aimed at promoting port-led development in Maharashtra?
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What does the Government of Maharashtra emphasize through the National Rural Health Mission (NRHM)?
What does the Government of Maharashtra emphasize through the National Rural Health Mission (NRHM)?
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Which of the following is a component of social infrastructure?
Which of the following is a component of social infrastructure?
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What is one of the main objectives of the Maharashtra Tourism Policy, 2016?
What is one of the main objectives of the Maharashtra Tourism Policy, 2016?
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What is the projected amount of investment the Maharashtra Tourism Policy aims to attract by 2025?
What is the projected amount of investment the Maharashtra Tourism Policy aims to attract by 2025?
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Which organization is designated as the nodal agency for implementing the Maharashtra Tourism Policy, 2016?
Which organization is designated as the nodal agency for implementing the Maharashtra Tourism Policy, 2016?
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What scheme has MTDC launched to unify various experimental tourism projects?
What scheme has MTDC launched to unify various experimental tourism projects?
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What is one of the goals related to employment under the Maharashtra Tourism Policy?
What is one of the goals related to employment under the Maharashtra Tourism Policy?
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Which of the following areas is not a main sector of the hospitality industry?
Which of the following areas is not a main sector of the hospitality industry?
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How does the Maharashtra Tourism Policy aim to strengthen tourism infrastructure?
How does the Maharashtra Tourism Policy aim to strengthen tourism infrastructure?
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Which mode of transportation is not typically categorized under the hospitality industry?
Which mode of transportation is not typically categorized under the hospitality industry?
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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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Description
This quiz explores the economic landscape of Maharashtra, a state that has gained significant economic status since its formation in 1960. Participants will learn about the state's administrative divisions and various features contributing to its economy, informed by the Economic Survey of Maharashtra 2017-18. Test your knowledge and understanding of Maharashtra's economic structure and statistics.