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INTRODUCTION

Maharashtra's contribution to the Indian Economy is high and hence it is called as the Power House of India. Maharashtra contributes to less than ten per cent of the total population of the country, but accounts for nearly one-fourth of the gross value of India's industrial sector. The state has succeeded in achieving high levels of industrialisation, demonstrated by the fact that the secondary and tertiary (manufacturing and service) sectors provide 78.8 per cent of Maharashtra's gross domestic product, as compared to the national average of 65.4 per cent for the same fields.

This high level of industrialisation is also reflected in the per capita income in the state, which stands at approximately Rs.17,295, as compared to a national average of Rs.10,771. Maharashtra contributes to almost 14.7 per cent of India's gross domestic product and 15.1 per cent of the national income. The state also accounts for nearly 40 per cent of the total tax collections in the country.

 
   
 
 
 

 

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