Dec 28, 2019,
PUNE: Maharashtra Finance minister and senior NCP leader Jayant Patil said it would be tough to take the state's economy past the USD one trillion mark in six to seven years, a goal previous chief minister Devendra Fadnavis often spoke about at political rallies and investment seminars.
Patil said Maharashtra's economy was growing at 7 per cent and to achieve the USD one trillion mark, it would have to accelerate at 15 per cent annually, which seems improbable.
https://economictimes.indiatimes.com/news/politics-and-nation/getting-maharashtra-economy-past-usd-1-trillion-mark-tough-jayant-patil/articleshow/73009580.cms
https://simple.wikipedia.org/wiki/List_of_U.S._states_by_GDP
14 February 2018
Magnetic Maharashtra Mission 2025 - $1 Trillion State GDP - Potential Business Opportunities
Opportunities are there at all size levels: Large, Medium, Small and Micro.
Maharashtra Number of Brank Branches: 13111 (2017)
At 100 new micro businesses per branch, 13,11,100 new micro businesses can be started ever year
Make it at least 10 lakhs new micro businesses in the state.
Existing microbusinesses in the state: 47,50,000
Around 10 lakhs businesses can be expanded providing new employment to 10 lakh persons every year.
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Important Economic Areas of Maharashtra
Common Themes for Progress
In every Sector Themes for Progress:
New Products
New Processes – Technologies
New Capacity
Quality Improvement
Productivity Improvement: Cost Reduction
Export
Important crops
Sorghum (Jowar)
Chickpea
Pigeonpea
Soyabean
Cotton
Sugarcane
Horticulture - Fruits and Vegetables
Onions ,
Banana
Mandarin oranges
Tomatoes
Pomegranates,
Alphonso Mangoes
Seedless grapes
Important minerals
Coal
Managanese ore
Iron ore
Lime stone
Bauxite
Important livestock
Cows - for milk
Buffaloes for milk
Goats -for milk
chicken (For meat)
Hens (for eggs)
Sheep
Pig
Fisheries
Construction
Houses
Commercial
Roads
Manufacturing
Ore Purification
Agricultural Machinery
Automobiles
Chemicals
Communication Equipment and Devices
Computer Hardware
Consumer Machines - Air conditioners, Refrigerators, Washing Machines
Electrical Engineering
Electronics
Food Processing
Furniture and interiors - Metal
Jewellery
Organic Manures and Waste Processing
Paints
Petroleum products
Pharmaceuticals
Plastics
Ship Building
Textiles
Wood working
Services
Financial
Banking
1.Commercial
2. Cooperative
Insurance
3. Life
4. Medical
5. Other General
6. Stock Broking and Wealth Management
7. Corporate Financial Consultancy and Tax Related services
Education
8. Primary
9. High school
10. Degree college
11. PG
12. Phd
13.Tuition classes
14. Hindu tradition institutions
15. Madrassas
Health
16. General practitioners
17. Specialists
Hospitals
18. Government Hospital
19. Private Hospitals
Transport
Road
20. Public - RTC
21. Private buses
22. Taxis, Tourist cars
23. Autos
24. Personal car/scooter/bicycle ownerships
25. Tractor ownership
26. Goods transport
27. Rail
28. Air
29. Water Transport
Electricity
30. Thermal
31. Renewable
32. Water
Sales
33. Retails sales
34. wholesale
35. Real Estate broking
Media
36. Advertising
37. Print media
38. Digital media
39. Printing Press Work
Entertainment
40. Films - Production and Distribution
41. Music concerts & Auditoriums
42. Drama & Theatres
43. Amusement parks
44. TV Channels - Content and Broadcasting
45. YouTube
46. Museums
47. Zoos
Hospitality
48. Hotels
49. Restaurants
50. Marriage Halls
51. Old age homes
Religious Institutions
52. Temples
53. Tourism
54. Business and Management Consultancy
55. Legal Professio nal Services
56. Internet Services
57. Telephone/communications Services
58. Software Development
59. Gas distribution
60. Petrol/Disel Gas pumps
61. Libraries
61. Physical Fitness
62. Sanitation and Waste Collection
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Statistics
https://en.wikipedia.org/wiki/Economy_of_Maharashtra accessed on 8 March 2020
Statistics
GDP ₹24.11 lakh crore (US$340 billion) (2017–18)
GDP rank 1st
GDP growth 2.8% (2019–20 est.)
GDP per capita ₹176,102 (US$2,500) (2017–18)
GDP per capita rank 11th
GDP by sector
Agriculture: 15%
Industry: 28%
Services: 58% (2017–18)
Labour force by occupation
Agriculture 51%
Industry 9%
Services 40% (2015)
Unemployment 4.9% (2017–18)
Public finances
Public debt
₹4.14 lakh crore (US$58 billion) 15.6% of GSDP (2018–19 est.)
Revenues ₹3.16 lakh crore (US$44 billion) (2019–20 est.)
Expenses ₹4.04 lakh crore (US$57 billion) (2019–20 est.)
Updated on 8 March 2020, 14 February 2018
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