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Strengths of Maharashtra :
A. Economic indicators:
- Maharashtra ranks first amongst major States in terms of State
Domestic Product and accounts for 15% of the National Income.
Per capita income of Rs.23,849, more than 60% higher than the
national average and highest amongst States (at current prices
- base year 1998-99)
- The largest share of public funds amongst any other States
for development of industrial and social infrastructure - a
hallmark of State policy.
- Contributes 22% of India's net value added in organised industrial
sector. 40% of India's Internet users are in Maharashtra and
the State accounts for around 30% of software export.
- 70 percent of India's stock transactions in Mumbai, the State
capital and commercial capital of India with headquarters of
Reserve Bank of India, almost all central financial institutions
and banks.
B. Administration:
- Progressive and responsive administration with full commitment
to maintenance of law and order.
- An independent authority established for transparent and scientific
determination of power tariffs.
- Well set mechanism in position to support industry in the
prevailing dynamic situation.
C. Infrastructure:
1. Physical:
- Power generation capacity highest in the country, at more
than 14,000 MW.
- More than 215 industrial estates including 9 five star industrial
estates and 63 growth centres developed by the Maharashtra Industrial
Development Corporation (MIDC), the country's largest industrial
infrastructure provider. Besides, specialized industrial estates
for chemical, textile, leather and gems & jewelry at strategic
locations.
- The country's largest and most diverse infrastructure for
the IT industry emerged along the 'Knowledge Corridor' between
Mumbai, Navi Mumbai and Pune as also elsewhere in the State,
at Nagpur, Aurangabad and other places.
- Well spread out network of roads and railways with two international
seaports and one international airport besides four domestic
airports in operation. Two international airports at Navi Mumbai
and Pune, and an international passenger and cargo hub at Nagpur
are in pipeline.
2. Social:
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The strongest HRD infrastructure in terms
of educational institutions - 301 engineering degree / diploma
colleges, 616 ITIs with turnout of 1,60,000 technocrats every
year.
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Home of the institutions like C-DAC, which
developed India's super computer, Mumbai and Pune university,
Indian Institute of Technology, Victoria Jubilee Institute of
Technical, University Department of Chemical Technology, and
top rated management institutions.
-
50,000 youth trained to take up self-employment
ventures every year by the Maharashtra Centre for Entrepreneurship
Development (MCED), Aurangabad.
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Very high literacy rate at 75 percent.
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Highest number of patents filed in the State,
setting the pace for innovation in the country
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Well diversified and highly productive industrial
base with positive work culture
D. Forward looking partnerships:
Innovative financing systems and forward-looking
partnerships have been established
- with Railways for the country's first major new rail line
since Independence, across the Konkan region;
- with private sector in the construction of roads (including
India's first expressway between Mumbai and Pune), flyovers
and bridges.
- for development of ports.
- for promotion of high connectivity, and other infrastructure
such as LNG pipeline.
E. Existing Promotional Scheme:
Maharashtra pioneered a package of incentives for
the dispersal of industries and the development of backward areas,
along with an Industrial Location Policy which sought to restrict
industrialization in the Mumbai Metropolitan Region to non-polluting
and high-technology sectors as a measure of industrial, urban and
environmental planning. The main component of successive Package
Schemes of Incentives was the grant of Sales Tax benefits to industries
in developing and backward regions of the State. The revised Package
Scheme of Incentives announced in 1993 was last extended up to 31st
March, 2001, excluding the erstwhile Sales Tax benefits in pursuance
of a national consensus.
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