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54 per cent of Maharashtra's GSDP comes from only 7 districts: Govt report

Business Standard LogoBusiness Standard11h ago

54 per cent of Maharashtra's GSDP comes from only 7 districts: Govt report - Business Standard

Quick Summary:

The report submitted to the 16th Finance Commission revealed that 18 districts have a growth rate less than 0.8x of the GSDP expansion rate and per capita income below average state income.

Only seven out of 36 districts in Maharashtra contribute 54 per cent of the gross state domestic product (GSDP), which stood at Rs 45 lakh crore in 2024, a government report has said, indicating a stark regional imbalance.

These seven districts, where economic activities are largely concentrated in the state, which is considered an economic powerhouse in the country, include two districts of Mumbai, Pune and Nagpur.


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Article Details

Category: BusinessFinance

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-24 @ 08:50:04 (11 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 500 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28932095

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Official Website: business-standard.com

Update Frequency: 125 posts per day

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News Last Updated: 3 hours ago

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