Question

Explain the role of the Agriculture in Maharashtra’s economy.

Answer 1

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Maharashtra has the largest economy in India. It is third-most urbanised state with urban population of 45% of whole population. Each year, the Government of Maharashtra publishes the Economic Survey of Maharashtra to be tabled in the budget session of the State.[6] Although highly industrialized, agriculture continues to be the main occupation in many regions the state.[7]:18Mumbai, the capital of Maharashtra and also the financial capital of India houses the headquarters of almost all major banks, financial institutions, insurance companies and mutual funds. India's largest stock exchange Bombay Stock Exchange, oldest in Asia, is located in the city. More than 41% of the S&P CNX 500 conglomerates have corporate offices in Maharashtra.

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