Maharashtra
Maharashtra is India’s economic powerhouse, home to the economic capital of Mumbai and the source of a significant source of the central government’s tax revenues. Thanks in large part to the many industries located in the state and progressive government policies, since the early 2000s, the state remains a top destination for investors in a range of sectors. But the massive state also embodies many of India’s contradictions; its eastern reaches are remote, prone to drought, and deeply poor. The current government is seeking to bring development to those areas while not neglecting the needs of its urban centers including the megacity of Mumbai.
State Policies
Solar Policy: Unconventional Energy Generation Policy (2020) and Solar Energy Policy (2020) (in Marathi)
Electric Mobility Policy: Electric Vehicle Policy (2021)
Industry Policy: Industrial Policy (2019)
State Summary
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Size
118,809 sq. miles -
Population
112.4 million -
State GDP
$233.41 billion (USD) -
Legislative Assembly Seats
288
-
Rajya Sabha Seats
19 -
Lok Sabha Seats
48 -
Party Affiliation
Shiv Sena (SS), Nationalist Congress Party (NCP)
Indian National Congress (INC)
Climate Change
Subsectors
Recent Articles
Maharashtra passes the Maharashtra Electricity Duty (Amendment) Act, 2023
Posted on December 27, 2023Maharashtra passes the Maharashtra Electricity Duty (Amendment) Act, 2023 waiving the electricity duty on the power consumed by Metro operations in the state.
Maharashtra Electricity Regulatory Commission (MERC) rejects a plea for a 50 percent renewable energy obligation (RPO) procurement mandate
Posted on December 27, 2023Maharashtra Electricity Regulatory Commission (MERC) rejects a plea for a 50 percent renewable energy obligation (RPO) procurement mandate from projects within the state.
Maharashtra Electricity Regulatory Commission (MERC) introduces the Maharashtra Electricity Regulatory Commission (Distribution Open Access) (Second Amendment) Regulations, 2023
Posted on November 22, 2023Maharashtra Electricity Regulatory Commission (MERC) introduces the Maharashtra Electricity Regulatory Commission (Distribution Open Access) (Second Amendment) Regulations, 2023 to enhance the green energy open access system in the state. The amendments aim to streamline processes and promote the integration of renewable energy sources into the grid.
Maharashtra releases the Maharashtra Green Hydrogen Policy 2023
Posted on October 25, 2023Maharashtra releases the Maharashtra Green Hydrogen Policy 2023. The policy will be valid until March 2030 and proposes a slew of incentives such as up to 30% capital cost subsidy for specified projects, and 50% concession in transmission charges for specified projects.
Energy
India faces a complex energy challenge: it needs cheap and abundant energy to power high economic growth and lift its citizens into the middle class. But it also hopes to keep its commitments to the U.N. Climate Change Convention and achieve energy independence. India’s states have the resources to generate the energy India needs, but they take different approaches to fostering the growth of the industry. This section allows you to explore energy news from India’s states and offers the Wadhwani Chair’s analysis of India’s energy sector.
Subsectors
Coal • Energy Efficiency • Energy-related Transportation • Nuclear • Oil and Gas • Power & Renewable Energy • Power • Renewables •Recent Articles
Maharashtra State Electricity Distribution Company (MSEDCL) increases tariff by $0.003 to $0.0078 per unit
Posted on January 10, 2024Maharashtra State Electricity Distribution Company (MSEDCL) increases tariff by $0.003 to $0.0078 per unit through a “fuel adjustment charge” (FAC). 28 million residential consumers will end up paying up to $3.60 more a month starting from January.
Maharashtra government announces rent of $1523 per year to farmers willing to lease out land for solar feeders
Posted on December 30, 2023Maharashtra government announces rent of $1523 per year to farmers willing to lease out land to the government for the installation of solar feeders for 30 years. The rent is designed to increase 3% annually. The farmers will retain the titles to their land. The decision is aimed at ensuring uninterrupted power supply for farmers during daytime and promoting solar power-driven agriculture in the state.
Maharashtra Electricity Regulatory Commission (MERC) introduces the Maharashtra Electricity Regulatory Commission (Distribution Open Access) (Second Amendment) Regulations, 2023
Posted on November 22, 2023Maharashtra Electricity Regulatory Commission (MERC) introduces the Maharashtra Electricity Regulatory Commission (Distribution Open Access) (Second Amendment) Regulations, 2023 to enhance the green energy open access system in the state. The amendments aim to streamline processes and promote the integration of renewable energy sources into the grid.
Maharashtra releases the Maharashtra Green Hydrogen Policy 2023
Posted on October 25, 2023Maharashtra releases the Maharashtra Green Hydrogen Policy 2023. The policy will be valid until March 2030 and proposes a slew of incentives such as up to 30% capital cost subsidy for specified projects, and 50% concession in transmission charges for specified projects.
Related National Goals
U.S.–India Energy Cooperation Project Tracker — There is currently no data available for Maharashtra. (updated July 3, 2019)
Solar Performance Tracker — Maharashtra reaches 3646.13MW (updated March 31, 2021)
Wind Performance Tracker — Maharashtra achieves 5012.83MW (updated March 30, 2021)
Finance
Finance
Subsectors
Recent Articles
Maharashtra passes the Maharashtra Goods and Services Tax (Second Amendment) Act, 2023
Posted on December 13, 2023Maharashtra passes the Maharashtra Goods and Services Tax (Second Amendment) Act, 2023 imposing a 28 percent Goods and Services Tax on gaming, betting, casinos, horse racing and lottery.
Maharashtra passes the amended Maharashtra Goods and Services Tax (GST) Act, 2017
Posted on August 2, 2023Maharashtra passes the amended Maharashtra Goods and Services Tax (GST) Act, 2017, which aims to address the problem of “hawala” or illegal monetary transactions in the state.
Health
While India’s healthcare system is expansive in terms of the number of beneficiaries covered, inequalities in access to high-quality yet affordable care continue to plague delivery systems and push citizens towards the more unregulated private sector. Similarly, while India’s National Health Policy of 2017 promises to reform this system, the responsibility to institute those reforms falls to the states who each have their own unique challenges and opportunities to meet the healthcare needs of their people. This section allows you to explore emerging healthcare policies and news covering new initiatives from India’s states and offers the Wadhwani Chair’s analysis of India’s healthcare sector.
Recent Articles
Maharashtra launches the Chief Minister's Medical Assistance Fund
Posted on January 10, 2024Maharashtra launches the Chief Minister’s Medical Assistance Fund for the Marathi-speaking people of 865 border villages in Karnataka.
Maharashtra receives a $500 million loan from the Asian Development Bank (ADB)
Posted on November 29, 2023Maharashtra receives a $500 million loan from the Asian Development Bank (ADB) to enhance the quality and affordability of tertiary health care and medical education in the state.
Maharashtra issues a resolution stating that health services, in all government hospitals in the state will be available free of cost to patients
Posted on August 30, 2023Maharashtra issues a resolution stating that health services, in all government hospitals in the state will be available free of cost to patients. As per the resolution, medical tests, treatment, and all other services provided on public-private partnership, excluding blood supply, are also available free of cost.
Maharashtra cabinet gives nod to the state’s Right to Health program that aims to provide medical tests and treatment at public hospitals free of cost
Posted on August 8, 2023Maharashtra cabinet gives nod to the state’s Right to Health program that aims to provide medical tests and treatment at public hospitals free of cost. Under the program, free treatment will be made available at primary health centres, rural hospitals, women’s hospitals, district general hospitals, super specialty hospitals, and cancer hospitals.
Industrial Policy and Business Regulations
Subsectors
Recent Articles
Maharashtra waives the increased service charges for 56 Maharashtra Housing and Area Development Authority (MHADA)
Posted on December 20, 2023Maharashtra waives the increased service charges for 56 Maharashtra Housing and Area Development Authority (MHADA) colonies in Mumbai, amounting to $46 million.
Maharashtra approves the Maharashtra Export Promotion Policy 2023, which aims to increase the state’s exports from the current 7% to 14%
Posted on November 15, 2023Maharashtra approves the Maharashtra Export Promotion Policy 2023, which aims to increase the state’s exports from the current 7% to 14%. The policy also hopes to attract foreign direct investment to the tune of $3 billion and generate 40,000 jobs. The policy will provide financial assistance of up to $6 million for export-oriented projects and $12 million for export-oriented industrial parks.
Maharashtra Housing Department issues a government resolution directing Mumbai city authorities to approve building self-redevelopment proposals
Posted on September 6, 2023Maharashtra Housing Department issues a government resolution directing Mumbai city authorities to approve building self-redevelopment proposals in the city within three months of filing.
Maharashtra launches the Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) park in Amravati
Posted on July 26, 2023Maharashtra launches the Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) park in Amravati. The park is expected to attract an investment of $1.21 billion and create employment for 300,000 individuals.
Infrastructure and Governance
Subsectors
Recent Articles
Maharashtra grants approval to a proposal offering the Old Pension Scheme (OPS)
Posted on January 10, 2024Maharashtra grants approval to a proposal offering the Old Pension Scheme (OPS) as an option for state government employees who entered service after November 2005.
Maharashtra formulates the Maharashtra Drone Mission (MDM)
Posted on January 5, 2024Maharashtra formulates the Maharashtra Drone Mission (MDM) to promote the use of drone technology for functions including surveillance, disaster rescue and relief, healthcare delivery in remote areas, monitoring of infrastructure projects, and traffic management. A five-year implementation plan has been prepared based on a report by a team of experts from the Indian Institute of Technology (IIT)-Bombay.
Maharashtra passes the Maharashtra Lokayukta Bill 2022
Posted on December 27, 2023Maharashtra passes the Maharashtra Lokayukta Bill 2022 which brings the chief minister and council of ministers under the ambit of the anti-corruption ombudsman.
Maharashtra implements the “Stamp Duty Abhay Yojana 2023”
Posted on December 6, 2023Maharashtra implements the “Stamp Duty Abhay Yojana 2023”. Under the scheme, the government will provide an exemption on stamp duty and penalty for registration of deeds executed between 1980 and 2020. The amnesty scheme will be implemented in two phases from December 1, 2023, to January 31, 2024, and from February 1, 2024, to March 31, 2024.
Land & Labor Laws
Subsectors
Recent Articles
Maharashtra approves a proposal to allow evicting house owners who oppose the redevelopment of a building
Posted on October 11, 2023Maharashtra approves a proposal to allow evicting house owners who oppose the redevelopment of a building against the majority of residents in a cooperative society.
Maharashtra announces the new Namo Shetkari Mahasanman Yojana
Posted on June 7, 2023Maharashtra announces the new Namo Shetkari Mahasanman Yojana under which more than 10 million farmers in the state will be paid $72.8 annually.
Maharashtra allows women property buyers who get 1% rebate on stamp duty on their purchase to sell their residential units to male buyers
Posted on June 7, 2023Maharashtra allows women property buyers who get 1% rebate on stamp duty on their purchase to sell their residential units to male buyers. Until now, women availing the benefit were not allowed to sell a residential unit to a male buyer for the next 15 years.
Maharashtra gives assent to the rules formed under the Industrial Relations Code 2020
Posted on March 29, 2023
Water & Sanitation
Subsectors
Recent Articles
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