106-538: Gondhali is a community in Maharashtra , India . Their occupation is to sing songs of the Goddesses and Gods of Maharashtra preaching them for mythogical reasons like mannat or kasam after accomplishment. Their songs are usually the mythological stories of their Gods. They use sambal , a set of drums tied to their neck and rested on their thighs to bring rhythm to their songs. This singing and dancing in front of
212-552: A Marathi speaking state with Mumbai as its capital. In the Gujarati speaking areas of the state, a similar Mahagujarat Movement demanded a separate Gujarat state comprising majority Gujarati areas. After many years of protests, which saw 106 deaths amongst the protestors, and electoral success of the samiti in 1957 elections, the central government led by Prime minister Nehru split Bombay State into two new states of Maharashtra and Gujarat on 1 May 1960. The state continues to have
318-469: A centre for finance in the Middle East , including for Islamic finance . The rapid rise of India has enabled Mumbai to become an emerging financial centre. India is also making an International Financial Centre GIFT City from scratch. GIFT city is now functional and has already won the crown of fastest emerging International Finance Centre of South Asia. Linked to the rise of these new IFCs, has seen
424-477: A cool dry spell occurs, with clear skies, gentle air breeze, and pleasant weather that prevails from October to February, although the eastern Vidarbha region receives rainfall from the north-east monsoon. The state has three crucial biogeographic zones, namely Western Ghats , Deccan Plateau , and the West coast . The Ghats nurture endemic species, Deccan Plateau provides for vast mountain ranges and grasslands while
530-460: A dispute with Karnataka regarding the region of Belgaum and Karwar . The Government of Maharashtra was unhappy with the border demarcation of 1957 and filed a petition to the Ministry of Home affairs of India. Maharashtra claimed 814 villages, and 3 urban settlements of Belagon, Karwar and Nippani , all part of then Bombay Presidency before freedom of the country. A petition by Maharashtra in
636-538: A financial city: "a pool of capital to lend or invest; a decent legal and taxation framework; and high-quality human resources". New York, London, and Tokyo are in every list of major IFCs. Some of the major RFCs (see below), such as Paris, Frankfurt, Chicago, and Shanghai appear as IFCs in some lists. These centres appear in all FSF–IMF lists of OFCs and, bar the Caribbean OFCs of the Cayman Islands,
742-511: A large army.Ambar is said to have introduced the concept of guerrilla warfare in the Deccan region. Malik Ambar assisted Mughal emperor Shah Jahan in Delhi against his stepmother, Nur Jahan , who wanted to enthrone her son-in-law. Both Shivaji 's grandfather, Maloji and father Shahaji served under Ambar. In the early 17th century, Shahaji Bhosale , an ambitious local general who had served
848-553: A leading international financial centre since the 19th century , acting as a centre of lending and investment around the world. English contract law was adopted widely for international finance , with legal services provided in London. Financial institutions located there provided services internationally such as Lloyd's of London (founded 1686) for insurance and the Baltic Exchange (founded 1744) for shipping. During
954-538: A major financial centre in the 1980s as the Japanese economy became one of the largest in the world. Hong Kong and Singapore developed soon after leveraging their links with London and Britain. In the 21st century, other centres have grown including Toronto, Sydney, Seoul, Shanghai and Astana . Astana International Financial Centre has become the fastest growing financial hub in Central Asia. Dubai has become
1060-486: A substantial number of migrants from other states of India. Uttar Pradesh , Gujarat, and Karnataka account for the largest percentage of migrants to the Mumbai metropolitan area. The 2011 census reported the human sex ratio is 929 females per 1000 males, which were below the national average of 943. The density of Maharashtra was 365 inhabitants per km which was lower than the national average of 382 per km . Since 1921,
1166-644: A substantial portion of the Deccan Plateau . It is bordered by the Arabian Sea to the west, the Indian states of Karnataka and Goa to the south, Telangana to the southeast and Chhattisgarh to the east, Gujarat and Madhya Pradesh to the north, and the Indian union territory of Dadra and Nagar Haveli and Daman and Diu to the northwest. Maharashtra is the second-most populous state in India and
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#17327807718921272-428: A suitable administrative center for the state, and the most populous urban area in India, with Nagpur serving as the winter capital. The Godavari and Krishna are the state's two major rivers, and forests cover 16.47% of the state's geographical area. The state is home to six UNESCO World Heritage Sites : Ajanta Caves , Ellora Caves , Elephanta Caves , Chhatrapati Shivaji Terminus (formerly Victoria Terminus),
1378-420: A wide range of financial services , for example relating to mergers and acquisitions , public offerings , or corporate actions ; or which participate in other areas of finance , such as private equity , hedge funds , and reinsurance . Ancillary financial services include rating agencies , as well as provision of related professional services , particularly legal advice and accounting services. As of
1484-1212: A working paper on OFCs, but which also proposed a taxonomy on classifying the various types of global financial centres, which they listed as follows (with the description and examples they noted as typical of each category, also noted): The IMF noted that the three categories were not mutually exclusive and that various locations could fall under the definition of an OFC and an RFC, in particular (e.g. Singapore and Hong Kong were cited). International Financial Centres, and many Regional Financial Centres, are full–service financial centres with direct access to large capital pools from banks, insurance companies, investment funds, and listed capital markets, and are major global cities . Offshore Financial Centres, and also some Regional Financial Centres, tend to specialise in tax-driven services, such as corporate tax planning tools , tax–neutral vehicles, and shadow banking / securitisation , and can include smaller locations (e.g. Luxembourg ), or city-states (e.g. Singapore). Since 2010, academics consider Offshore Financial Centres synonymous with tax havens . The IMF noted that OFCs could be set up for legitimate purposes (listing various reasons), but also for what
1590-458: Is a diverse range of financial centres worldwide. While New York and London often stand out as the leading global financial centres, other established financial centres provide significant competition and several newer financial centres are developing. Despite this proliferation of financial centres, academics have discussed evidence showing increasing concentration of financial activity in the largest national and international financial centres in
1696-738: Is appointed by the President of India for a five-year term. The leader of the party or coalition with a majority in the Legislative Assembly is appointed as the chief minister by the governor, and the Council of Ministers are appointed by the governor on the advice of the chief minister. The governor remains a ceremonial head of the state, while the chief minister and his council are responsible for day-to-day government functions. The council of ministers consists of Cabinet Ministers and Ministers of State (MoS). The Secretariat headed by
1802-649: Is governed through a parliamentary system of representative democracy , a feature the state shares with other Indian states. Maharashtra is one of the six states in India where the state legislature is bicameral, comprising the Vidhan Sabha (Legislative Assembly) and the Vidhan Parishad (Legislative Council). The legislature, the Maharashtra Legislative Assembly, consists of elected members and special office bearers such as
1908-419: Is headed by a District Magistrate , who is an IAS officer and is assisted by several officers belonging to state services. Urban areas in the state are governed by Municipal Corporations , Municipal Councils , Nagar Panchayats , and seven Cantonment Boards . The Maharashtra Police is headed by an IPS officer of the rank of Director general of police . A Superintendent of Police, an IPS officer assisted by
2014-519: Is located in the city, as is the National Stock Exchange , which is the second-largest stock exchange in India and one of world's largest derivatives exchanges . The state has played a significant role in the country's social and political life and is widely considered a leader in terms of agricultural and industrial production , trade and transport, and education. Maharashtra is the ninth-highest ranking among Indian states in
2120-646: Is most concentrated in the forests of Gadchiroli and the Telangana border. Marathi is the first language of a majority or plurality of the people in all districts of Maharashtra except Nandurbar , where Bhili is spoken by 45% of its population. The highest percentage of Khandeshi speakers are Dhule district (29%) and the highest percentage of Gondi speakers are in Gadchiroli district (24%). The highest percentages of mother-tongue Hindi speakers are in urban areas, especially Mumbai and its suburbs, where it
2226-628: Is mother tongue to over a quarter of the population. Pune and Nagpur are also spots for Hindi-speakers. Gujarati and Urdu are also major languages in Mumbai, both are spoken by around 10% of the population. Urdu and its dialect, the Dakhni are spoken by the Muslim population of the state. The Mumbai metropolitan area is home to migrants from all over India. In Mumbai, a wide range of languages are spoken, including Telugu, Tamil, Konkani, Kannada, Sindhi, Punjabi, Bengali, Tulu, and many more. The state
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#17327807718922332-417: Is spoken along the southern Konkan coast. Telugu and Kannada are spoken along the border areas of Telangana and Karnataka, respectively. At the junction of Madhya Pradesh, Maharashtra, and Chhattisgarh a variety of Hindi dialects are spoken such as Lodhi and Powari . Lambadi is spoken through a wide area of eastern Marathwada and western Vidarbha. Gondi is spoken by diminishing minorities throughout Vidarbha but
2438-694: Is usually the warmest and January the coldest month of the year. The winter season lasts until February with lower temperatures occurring in December and January. On the Deccan plateau that lies on eastern side of the Sahyadri mountains, the climate is drier, however, dew and hail often occur, depending on seasonal weather. The rainfall patterns in the state vary by the topography of different regions. The state can be divided into four meteorological regions, namely coastal Konkan, Western Maharashtra, Marathwada, and Vidarbha. The southwest monsoon usually arrives in
2544-779: The Ahmadnagar Sultanate , the Mughals and Adil Shah of Bijapur at different periods throughout his career, attempted to establish his independent rule. This attempt was unsuccessful, but his son Shivaji succeeded in establishing the Maratha Empire . Shortly after Shivaji's death in 1680, the Mughal emperor Aurangzeb launched a campaign to conquer Maratha territories as well as the Adilshahi and Govalkonda kingdoms. This campaign, better known as Mughal–Maratha Wars ,
2650-690: The Bombay Presidency , which spanned an area from Karachi in Pakistan to northern Deccan. A number of the Maratha states persisted as princely states , retaining autonomy in return for acknowledging British suzerainty . The largest princely states in the territory were Nagpur , Satara and Kolhapur State ; Satara was annexed to the Bombay Presidency in 1848, and Nagpur was annexed in 1853 to become Nagpur Province , later part of
2756-699: The Central Provinces . Berar , which had been part of the Nizam of Hyderabad's kingdom, was occupied by the British in 1853 and annexed to the Central Provinces in 1903. However, a large region called Marathwada remained part of the Nizam's Hyderabad State throughout the British period. The British ruled Maharashtra region from 1818 to 1947 and influenced every aspect of life for the people of
2862-414: The Central Provinces and Berar . The southernmost part of Bombay State was ceded to Mysore . In the 1950s, Marathi people strongly protested against bilingual Bombay state under the banner of Samyukta Maharashtra Samiti . The notable leaders of the samiti included Keshavrao Jedhe , S.M. Joshi , Shripad Amrit Dange , Pralhad Keshav Atre and Gopalrao Khedkar . The key demand of the samiti called for
2968-632: The Champion and Seth classification , Maharashtra has five types of forests: The most common animal species present in the state are monkeys, wild pigs, tiger , leopard , gaur , sloth bear , sambar , four-horned antelope , chital , barking deer , mouse deer , small Indian civet , golden jackal , jungle cat , and hare . Other animals found in this state include reptiles such as lizards , scorpions and snake species such as cobras and kraits . The state provides legal protection to its tiger population through six dedicated tiger reserves under
3074-987: The Delhi Sultanate ruler Alauddin Khalji . Later, Muhammad bin Tughluq conquered parts of the Deccan, and temporarily shifted his capital from Delhi to Daulatabad in Maharashtra. After the collapse of the Tughluqs in 1347, the local Bahmani Sultanate of Gulbarga took over, governing the region for the next 150 years. After the break-up of the Bahamani sultanate in 1518, Maharashtra split into five Deccan Sultanates : Nizamshah of Ahmednagar , Adilshah of Bijapur , Qutubshah of Golkonda , Bidarshah of Bidar and Imadshah of Elichpur. These kingdoms often fought with each other. United, they decisively defeated
3180-890: The Global Financial Centres Index and the Xinhua–Dow Jones International Financial Centres Development Index . The Global Financial Centres Index ("GFCI") is compiled semi-annually by the London -based think tank Z/Yen in conjunction with the Shenzhen -based think tank China Development Institute . The 36th edition of the GFCI was published in September 2024. Old finance centres such as Amsterdam, London, Paris, and New York have long histories . Today there
3286-584: The Italian city-states (such as Venice and Genoa ) of the late medieval and early Renaissance periods while Florence can be said to be the birthplace of double-entry bookkeeping from the publication and proliferation of the work of Luca Pacioli . In the sixteenth century, the overall economic supremacy of the Italian city-states gradually waned, and the centre of financial activities in Europe shifted to
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3392-527: The Jorwe culture ( c. 1300 –700 BCE) have been discovered throughout the state. The largest settlement discovered of the culture is at Daimabad , which had a mud fortification during this period, as well as an elliptical temple with fire pits. In the Late Harappan period there was a large migration of people from Gujarat to northern Maharashtra. Maharashtra was ruled by Maurya Empire in
3498-685: The Konkan coastal plains, 50–80 km (31–50 mi) in width. To the east of the Ghats lies the flat Deccan Plateau . The main rivers of the state are the Krishna , and its tributary, Bhima , the Godavari, and its main tributaries, Manjara , and Wardha - Wainganga and the Tapi , and its tributary Purna . Maharashtra is divided into five geographic regions. Konkan is the western coastal region, between
3604-662: The Lok Sabha , or the lower chamber of the Indian Parliament with 48 seats which is next only to Uttar Pradesh which has the highest number of seats than any other Indian state with 80 seats. Maharashtra also has 19 seats in the Rajya Sabha , or the upper chamber of the Indian Parliament. The government of Maharashtra is a democratically elected body in India with the Governor as its constitutional head who
3710-464: The Low Countries , first to Bruges , and later to Antwerp and Amsterdam which acted as Entrepôt cities. They also became important centres of financial innovation, capital accumulation and investment. By the early 1800s, London officially replaced Amsterdam as the world's leading financial centre. London and Paris were the world's only prominent financial centres throughout most of
3816-992: The Mughals . In the early nineteenth century, the region was divided between the Dominions of the Peshwa in the Maratha Confederacy and the Nizamate of Hyderabad . After two wars and the proclamation of the Indian Empire, the region became a part of the Bombay Province , the Berar Province and the Central Provinces of India under direct British rule and the Deccan States Agency under Crown suzerainty. Between 1950 and 1956,
3922-633: The Victorian Gothic and Art Deco Ensembles of Mumbai and the Western Ghats , a heritage site made up of 39 individual properties of which 4 are in Maharashtra. The economy of Maharashtra is the largest in India, with a gross state domestic product (GSDP) of ₹ 42.5 trillion (US$ 510 billion) and GSDP per capita of ₹ 335,247 (US$ 4,000); it is the single-largest contributor to India's economy , being accountable for 14% of all-India nominal GDP . The service sector dominates
4028-800: The Vijayanagara Empire of the south in 1565. The present area of Mumbai was ruled by the Sultanate of Gujarat before its capture by Portugal in 1535 and the Faruqi dynasty ruled the Khandesh region between 1382 and 1601 before finally getting annexed in the Mughal Empire . Malik Ambar , the regent of the Nizamshahi dynasty of Ahmednagar from 1607 to 1626, increased the strength and power of Murtaza Nizam Shah II and raised
4134-487: The Zilla Parishad (district councils) at the district level and gram panchayat (village councils) at the lower level. Out of the total population of Maharashtra, 45.22% of people live in urban regions. The total figure of the population living in urban areas is 50.8 million. There are 27 Municipal Corporations in Maharashtra. According to the provisional results of the 2011 national census, Maharashtra
4240-399: The fourth-most populous country subdivision in the world. The state is divided into 6 divisions and 36 districts , Mumbai , is the capital of Maharashtra due to its historical significance as a major trading port and its status as India's financial hub , housing key institutions and a diverse economy . Additionally, its well-developed infrastructure and cultural diversity make it
4346-1156: The human development index . The region that encompasses the modern state has a history going back many millennia. Notable dynasties that ruled the region include the Asmakas , the Mauryas , the Satavahanas , the Western Satraps , the Abhiras , the Vakatakas , the Chalukyas , the Rashtrakutas , the Western Chalukyas , the Seuna Yadavas , the Khaljis , the Tughlaqs , the Bahamanis and
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4452-430: The 11th century in the Kingdom of England at the annual fair of St. Giles and in the Kingdom of Germany at the Frankfurt autumn fair, then developed in medieval France during the Champaign Fairs. The first real international financial centre was the city state of Venice which slowly emerged from the 9th century to its peak in the 14th century. Tradable bonds as a commonly used type of security, were invented by
4558-595: The 19th century. After 1870, Berlin and New York grew to become major financial centres mainly serving their national economies. An array of smaller international financial centres found market niches , such as Amsterdam, Brussels , Zurich , and Geneva . London was the leading international financial centre in the four decades before World War I . Since then, New York and London have developed leading positions in different activities and some non-Western financial centres have grown in prominence, notably Tokyo , Hong Kong , Singapore and Shanghai . London has been
4664-412: The 19th century. His social work was continued by Shahu, Raja of Kolhapur and later by B. R. Ambedkar . After the partial autonomy given to the states by the Government of India Act 1935 , B. G. Kher became the first chief minister of the Congress party-led government of tri-lingual Bombay Presidency. The ultimatum to the British during the Quit India Movement was given in Mumbai and culminated in
4770-469: The 2011 Census, are listed in the following table. Each district is governed by a district collector or district magistrate, appointed either by the Indian Administrative Service or the Maharashtra Civil Service. Districts are subdivided into sub-divisions ( Taluka ) governed by sub-divisional magistrates, and again into blocks . A block consists of panchayats (village councils) and town municipalities. Talukas are intermediate level panchayat between
4876-445: The 2024 edition of the Global Financial Centres Index , New York City , London and Hong Kong ranked top 3 globally, while other well known financial centres include Singapore , Shanghai , Frankfurt and Tokyo , amongst others. In April 2000, the Financial Stability Forum ("FSF"), concerned about OFCs on global financial stability produced a report listing 42 OFCs. In June 2000, the International Monetary Fund (IMF) published
4982-425: The 20th century London played an important role in the development of new financial products such as the Eurodollar and Eurobonds in the 1960s, international asset management and international equities trading in the 1980s, and derivatives in the 1990s. London continues to maintain a leading position as a financial centre in the 21st century, and maintains the largest trade surplus in financial services around
5088-477: The 21st century. Others have discussed the ongoing dominance of New York and London, and the role linkages between these two financial centres played in the financial crisis of 2007–08 . Comparisons of financial centres focus on their history, role and significance in serving national, regional and international financial activity. Each centre's offering includes differing legal, tax and regulatory environments. One journalist suggested three factors for success as
5194-473: The Bombay Province became the Bombay State in the Indian Union, and Berar, the Deccan states and the Gujarat states were merged into the Bombay State. Aspirations of a separate state for Marathi-speaking peoples were pursued by the United Maharashtra Movement ; their advocacy eventually borne fruit on 1 May 1960, when the State of Bombay was bifurcated into the states of Maharasthra and Gujarat. The modern Marathi language evolved from Maharashtri Prakrit , and
5300-474: The British Virgin Islands, and Bermuda, represent all the major OFCs. Some also appear as RFCs in various lists, particularly Hong Kong, and Singapore. They also appear on most lists of major tax havens , and on lists of the largest Conduit and Sink OFCs in the world. In some lists, RFCs such as Paris, Frankfurt, Chicago, and Shanghai appear as IFCs, however, they do not appear in all lists. They are certainly major RFCs. Primitive financial centres started in
5406-405: The Chief Secretary assists the council of ministers. The Chief Secretary is also the administrative head of the government. Each government department is headed by a Minister, who is assisted by an Additional Chief Secretary or a Principal Secretary, who is usually an officer of the Indian Administrative Service , the Additional Chief Secretary/Principal Secretary serves as the administrative head of
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#17327807718925512-414: The Conduit OFC's extensive networks of global bilateral tax treaties . Because Sink OFCs are more closely associated with traditional tax havens, they tend to have more limited treaty networks and access to global higher–tax locations. Prior to the 1960s, there was little data available to rank financial centres. In recent years many rankings have been developed and published. Two of the most relevant are
5618-415: The Directorate of Social Forestry (SFD). The Maharashtra State Biodiversity Board, constituted by the Government of Maharashtra in January 2012 under the Biological Diversity Act, 2002, is the nodal body for the conservation of biodiversity within and outside forest areas in the State. Maharashtra is ranked second among the Indian states in terms of the recorded forest area. Recorded Forest Area (RFA) in
5724-443: The God is called Gondhal and people who do Gondhal are called Gondhali. This Maharashtra -related article is a stub . You can help Misplaced Pages by expanding it . This article about the culture of India is a stub . You can help Misplaced Pages by expanding it . Maharashtra Maharashtra ( ISO : Mahārāṣṭra , Marathi: [məɦaːˈɾaːʂʈɾə] ) is a state in the western peninsular region of India occupying
5830-400: The IMF called dubious purposes , citing tax evasion and money–laundering. In 2007, the IMF produced the following definition of an OFC: a country or jurisdiction that provides financial services to nonresidents on a scale that is incommensurate with the size and the financing of its domestic economy . The FSF annual reports on global shadow banking use the IMF definition to track the OFCs with
5936-407: The Mughals to city of Delhi. After their defeat at the hand of Ahmad Shah Abdali 's Afghan forces in the Third Battle of Panipat in 1761, the Maratha suffered a setback. However, they soon reclaimed the lost territories and ruled central and north India including Delhi until the end of the eighteenth century. The Marathas also developed a potent Navy circa in the 1660s, which at its peak under
6042-412: The Satavahana and Vakataka styles. The caves were possibly excavated during this period. The Chalukya dynasty ruled the region from the sixth to the eighth centuries CE, and the two prominent rulers were Pulakeshin II , who defeated the north Indian Emperor Harsha , and Vikramaditya II , who defeated the Arab invaders in the eighth century. The Rashtrakuta dynasty ruled Maharashtra from the eighth to
6148-466: The Saurastras, probably after the Rattas (Rastras) akin to the Rastrikas of Asoka's rock Edicts, now known as Maharastra and the Marattas . An alternative theory states that the term derives from the word mahā ("great") and rāṣṭra ("nation/dominion"). However, this theory is somewhat controversial among modern scholars who believe it to be the Sanskritised interpretation of later writers. Numerous Late Harappan or Chalcolithic sites belonging to
6254-422: The Speaker and Deputy Speaker, who are elected by the members. The Legislative Assembly consists of 288 members who are elected for five-year terms unless the Assembly is dissolved before to the completion of the term. The Legislative Council is a permanent body of 78 members with one-third (33 members) retiring every two years. Maharashtra is the second most important state in terms of political representation in
6360-411: The Supreme Court of India, staking a claim over Belagon, is currently pending. Maharashtra with a total area of 307,713 km (118,809 sq mi), is the third-largest state by area in terms of land area and constitutes 9.36% of India's total geographical area. The State lies between 15°35' N to 22°02' N latitude and 72°36' E to 80°54' E longitude. It occupies the western and central part of
6466-404: The Western Ghats and the sea. Khandesh is the north region lying in the valley of the Tapti, Purna river. Nashik , Malegaon Jalgaon , Dhule and Bhusawal are the major cities of this region. Desh is in the centre of the state. Marathwada , which was a part of the princely state of Hyderabad until 1956, is located in the southeastern part of the state. Aurangabad and Nanded are
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#17327807718926572-404: The academic lists of tax havens include all the FSF–IMF OFCs). In July 2017, a study by the University of Amsterdam 's CORPNET group, broke down the definition of an OFC into two subgroups, Conduit and Sink OFCs : Sink OFCs rely on Conduit OFCs to re–route funds from high–tax locations using base erosion and profit shifting ("BEPS") tax planning tools, which are encoded, and accepted, in
6678-519: The basis of annual rainfall soil types, vegetation and cropping pattern. Maharashtra experiences a tropical wet and dry climate with hot, rainy, and cold weather seasons. Some areas more inland experience a hot semi arid climate, due to a rain shadow effect caused by the Western Ghats. The month of March marks the beginning of the summer and the temperature rises steadily until June. In the central plains, summer temperatures rise to between 40 °C or 104.0 °F and 45 °C or 113.0 °F. May
6784-417: The battles mainly took place in northern India. The modern struggle for independence started taking shape in the late 1800s with leaders such as Bal Gangadhar Tilak , Justice Mahadev Govind Ranade , Gopal Krishna Gokhale , Pherozeshah Mehta and Dadabhai Naoroji evaluating the company rule and its consequences. Jyotirao Phule was the pioneer of social reform in the Maharashtra region in the second half of
6890-439: The census. Powari , Lodhi , and Varhadi are spoken in the Vidarbha region, Dangi is spoken near the Maharashtra-Gujarat border, Bhil languages are spoken throughout the northwest part of the state, Khandeshi (locally known as Ahirani) is spoken in Khandesh region. In the Desh and Marathwada regions, Dakhini Urdu is widely spoken, although Dakhini speakers are usually bilingual in Marathi. Konkani, and its dialect Malvani,
6996-488: The city of Mumbai, is home to two tiny religious communities. This includes 5000 Jews , mainly belonging to the Bene Israel , and Baghdadi Jewish communities. Parsi is the other community who follow Zoroastrianism . The 2011 census recorded around 44,000 parsis in Maharashtra. Languages of Maharashtra (2011) Marathi is the official language although different regions have their own dialects. Most people speak regional languages classified as dialects of Marathi in
7102-444: The coast is home to littoral and swamp forests. Flora of Maharashtra is heterogeneous in composition. In 2012 the recorded thick forest area in the state was 61,939 km (23,915 sq mi) which was about 20.13% of the state's geographical area. There are three main Public Forestry Institutions (PFIs) in the Maharashtra state: the Maharashtra Forest Department (MFD), the Forest Development Corporation of Maharashtra (FDCM) and
7208-435: The command of Kanhoji Angre , dominated the territorial waters of the western coast of India from Mumbai to Savantwadi . It resisted the British , Portuguese , Dutch , and Siddi naval ships and kept a check on their naval ambitions. Charles Metcalfe, British Civil servant and later Acting Governor-General, said in 1806: India contains no more than two great powers, British and Maratha, and every other state acknowledges
7314-460: The country and has a coastline stretching 840 kilometres (520 mi) along the Arabian Sea . The dominant physical feature of the state is its plateau character, which is separated from the Konkan coastline by the mountain range of the Western Ghats, which runs parallel to the coast from north to south. The Western Ghats , also known as the Sahyadri Range, has an average elevation of 1,200 metres (3,900 ft); its slopes gently descending towards
7420-439: The department they are assigned to. Each department also has officers of the rank of Secretary, Special Secretary, Joint Secretary, etc. assisting the Minister and the Additional Chief Secretary/Principal Secretary. For purpose of administration, the state is divided into 6 divisions and 36 districts . Divisional Commissioner, an IAS officer is the head of administration at the divisional level. The administration in each district
7526-401: The district courts are categorised into two divisions: the Maharashtra civil judicial services and higher judicial service. While the Maharashtra civil judicial services comprises the Civil Judges (Junior Division)/Judicial Magistrates and civil judges (Senior Division)/Chief Judicial Magistrate, the higher judicial service comprises civil and sessions judges. The Subordinate judicial service of
7632-533: The east and southeast. The Western Ghats (or the Sahyadri Mountain range) provide a physical barrier to the state on the west, while the Satpura Hills along the north and Bhamragad-Chiroli-Gaikhuri ranges on the east serve as its natural borders. This state's expansion from North to South is 720 km (450 mi) and East to West is 800 km (500 mi). To the west of these hills lie
7738-503: The east, in the rain shadow of the mountain range, only 500–700 mm/year will fall, and long dry spells leading to drought are a common occurrence. Maharashtra has many of the 99 Indian districts identified by the Indian Central water commission as prone to drought. The average annual rainfall in the state is 1,181 mm (46.5 in) and 75% of it is received during the southwest monsoon from June–to September. However, under
7844-416: The focus of new worldwide growth. One source described New York as extending its lead as the world's centre of finance in September 2018; according to Reuters , the think-tank New Financial concluded the "raw" value of domestic and international financial activity like managing assets and issuing equity underscored the position of New York as the world's leading financial centre. New York City remains
7950-573: The fourth and third centuries BCE. Around 230 BCE, Maharashtra came under the rule of the Satavahana dynasty which ruled it for the next 400 years. The rule of Satavahanas was followed by that of Western Satraps , Gupta Empire , Gurjara-Pratihara , Vakataka , Kadambas , Chalukya Empire , Rashtrakuta Dynasty , and Western Chalukya and the Yadava Dynasty . The Buddhist Ajanta Caves in present-day Aurangabad display influences from
8056-623: The influence of one or the other. Every inch that we recede will be occupied by them. The British East India Company slowly expanded areas under its rule during the 18th century. The Third Anglo-Maratha War (1817–1818) led to the end of the Maratha Empire and the East India Company took over the empire. The Maratha Navy dominated till around the 1730s, was in a state of decline by the 1770s and ceased to exist by 1818. The British governed western Maharashtra as part of
8162-652: The influence of the Bay of Bengal, eastern Vidarbha receives good rainfall in July, August, and September. Thane, Raigad , Ratnagiri , and Sindhudurg districts receive heavy rains of an average of 2,000 to 2,500 mm or 80 to 100 in and the hill stations of Matheran and Mahabaleshwar over 5,000 mm (200 in). Contrariwise, the rain shadow districts of Nashik , Pune , Ahmednagar , Dhule , Jalgaon , Satara , Sangli , Solapur , and parts of Kolhapur receive less than 1,000 mm (39 in) annually. In winter,
8268-980: The judiciary is controlled by the District Judge. Financial centre A financial centre ( financial center in American English ) or financial hub is a location with a significant concentration of participants in banking asset management , insurance , and financial markets , with venues and supporting services for these activities to take place. Participants can include financial intermediaries (such as banks and brokers), institutional investors (such as investment managers, pension funds , insurers, and hedge funds ), and issuers (such as companies and governments). Trading activity can take place on venues such as exchanges and involve clearing houses , although many transactions take place over-the-counter (OTC), directly between participants. Financial centres usually host companies that offer
8374-400: The largest caste cluster with around 32% of the population. Maharashtra has a large Other Backward Class population constituting 41% of the population. The scheduled tribes include Adivasis such as Thakar , Warli , Konkana and Halba . The 2011 census found scheduled castes and scheduled tribes to account for 11.8% and 8.9% of the population, respectively. The state also includes
8480-599: The largest centre for trading in public equity and debt capital markets , driven in part by the size and financial development of the U.S. economy . The NYSE and NASDAQ are the two largest stock exchanges in the world. New York also leads in hedge fund management; private equity ; and the monetary volume of mergers and acquisitions . Several investment banks and investment managers headquartered in New York City are important participants in other financial centres. The New York Federal Reserve Bank ,
8586-419: The largest financial centres relative to their domestic economies. Progress from 2000 onwards from IMF – OECD – FATF initiatives on common standards, regulatory compliance , and banking transparency, has reduced the regulatory attraction of OFCs over IFCs and RFCs. Since 2010, academics considered the services of OFCs to be synonymous with tax havens , and use the term OFC and tax haven interchangeably (e.g.
8692-491: The largest within the Federal Reserve System , regulates financial institutions and implements U.S. monetary policy , which in turn influences the world's economy. The three major global credit rating agencies – Standard and Poor's , Moody's Ratings , and Fitch Ratings – are headquartered or co–headquartered in New York City, with Fitch being co–headquartered in London. In Asia , Tokyo emerged as
8798-647: The last week of June and lasts till mid-September. Pre-monsoon showers begin towards the middle of June and post-monsoon rains occasionally occur in October. The highest average monthly rainfall is during July and August. In the winter season, there may be a little rainfall associated with western winds over the region. The Konkan coastal area, west of the Sahyadri Mountains receives very heavy monsoon rains with an annual average of more than 3,000 millimetres (120 in). However, just 150 km (93 mi) to
8904-448: The main cities of the region. Vidarbha is the easternmost region of the state, formerly part of the Central Provinces and Berar. The state has limited area under irrigation, low natural fertility of soils, and large areas prone to recurrent drought. Due to this the agricultural productivity of Maharashtra is generally low as compared to the national averages of various crops. Maharashtra has been divided in to nine agro-climatic zones on
9010-652: The name of a tribe or dynasty of chiefs ruling in the Deccan region. An alternate theory states that the term is derived from mahā ("great") and ratha / rathi (" chariot "/"charioteer"), which refers to a skilful northern fighting force that migrated southward into the area. In the Harivamsa , the Yadava kingdom called Anaratta is described as mostly inhabited by the Abhiras (Abhira-praya-manusyam). The Anartta country and its inhabitants were called Surastra and
9116-569: The officers of the Maharashtra Police Service, is entrusted with the responsibility of maintaining law and order and related issues in each district. The Divisional Forest Officer, an officer belonging to the Indian Forest Service , manages the forests, environment, and wildlife of the district, assisted by the officers of Maharashtra Forest Service and Maharashtra Forest Subordinate Service. The judiciary in
9222-403: The populations of Ratnagiri and Sindhudurg shrank by −4.96% and −2.30%, respectively, while the population of Thane grew by 35.9%, followed by Pune at 30.3%. The literacy rate is 83.2%, higher than the national rate at 74.04%. Of this, male literacy stood at 89.82% and female literacy 75.48%. Religion in Maharashtra (2011) According to the 2011 census, Hinduism was the principal religion in
9328-810: The precincts of the National Tiger Conservation Authority . The state's 720 km (450 mi) of sea coastline of the Arabian Sea marks the presence of various types of fish and marine animals. The Zoological Survey of India (ZSI) found 1527 marine animal species, including molluscs with 581 species, many crustacean species including crabs, shrimps, and lobsters, 289 fish species, and 141 species types of annelids (sea worms). Maharashtra has following geographical regions: It consists of six administrative divisions: The state's six divisions are further divided into 36 districts , 109 sub-divisions, and 358 talukas . Maharashtra's top five districts by population, as ranked by
9434-690: The region. The President of India appoints the chief justice of the High Court of the Maharashtra judiciary on the advice of the chief justice of the Supreme Court of India as well as the Governor of Maharashtra. Other judges are appointed by the chief justice of the high court of the judiciary on the advice of the Chief Justice. Subordinate Judicial Service is another vital part of the judiciary of Maharashtra. The subordinate judiciary or
9540-589: The region. They brought several changes to the legal system, built modern means of transport including roads and Railways, took various steps to provide mass education, including that for previously marginalised classes and women, established universities based on western system and imparting education in science, technology, and western medicine, standardised the Marathi language, and introduced mass media by utilising modern printing technologies. The 1857 war of independence had many Marathi leaders, though
9646-551: The rise of "partner OFCs" (offshore tax-havens to which funds are routed), such as Taiwan (a major Sink OFC for Asia, and 7th largest global Sink OFC), Mauritius (a major Sink OFC for South Asia, especially India, and Africa, and the 9th largest global Sink OFC). The private nationwide financial system in China was first developed by the Shanxi merchants , with the creation of so-called "draft banks". The first draft bank Rishengchang
9752-829: The second largest concentration of hedge funds (847 according to HedgeLists.com). London benefits from its position between the Asia and U.S. time zones, and benefited from its location within the European Union , although this ended on 31 January 2020 when the United Kingdom left the European Union following the Brexit referendum of 2016. As well as the London Stock Exchange , the Bank of England ,
9858-679: The second oldest central bank, is in London, although the European Banking Authority moved to Paris after Brexit. Since the middle of the 20th century, New York City, represented by Wall Street in Manhattan's Financial District , has been described as a leading financial centre. Over the past few decades, with the rise of a multipolar world with new regional powers and global capitalism , numerous financial centres have challenged Wall Street, particularly London and several in Asia, which some analysts believe will be
9964-460: The state at 79.8% of the total population. Muslims constituted 11.5% of the total population. Maharashtra has the highest number of followers of Buddhism in India, accounting for 5.8% of Maharashtra's total population with 6,531,200 followers. Marathi Buddhists account for 77.36% of all Buddhists in India . Sikhs , Christians , and Jains constituted 0.2%, 1%, and 1.2% of the Maharashtra population respectively. Maharashtra, and particularly
10070-625: The state consists of the Maharashtra High Court ( The High Court of Bombay ), district and session courts in each district and lower courts and judges at the taluka level. The High Court has regional branches at Nagpur and Aurangabad in Maharashtra and Panaji which is the capital of Goa. The state cabinet on 13 May 2015 passed a resolution favouring the setting up of one more bench of the Bombay high court in Kolhapur , covering
10176-667: The state is 61,579 sq mi (159,489 km ) of which 49,546 sq mi (128,324 km ) is reserved forests, 6,733 sq mi (17,438 km ) is protected forest and 5,300 sq mi (13,727 km ) is unclassed forests. Based on the interpretation of IRS Resourcesat-2 LISS III satellite data of the period Oct 2017 to Jan 2018, the State has 8,720.53 sq mi (22,586 km ) under Very Dense Forest(VDF), 20,572.35 sq mi (53,282 km ) under Moderately Dense Forest (MDF) and 21,484.68 sq mi (55,645 km ) under Open Forest (OF). According to
10282-418: The state's economy, accounting for 69.3% of the value of the output of the country. Although agriculture accounts for 12% of the state GDP, it employs nearly half the population of the state. Maharashtra is one of the most industrialised states in India. The state's capital, Mumbai, is India's financial and commercial capital. The Bombay Stock Exchange , India's largest stock exchange and the oldest in Asia,
10388-544: The tenth century. The Arab traveller Sulaiman al Mahri described the ruler of the Rashtrakuta dynasty Amoghavarsha as "one of the four great kings of the world". Shilahara dynasty began as vassals of the Rashtrakuta dynasty which ruled the Deccan plateau between the eighth and tenth centuries. From the early 11th century to the 12th century, the Deccan Plateau, which includes a significant part of Maharashtra,
10494-607: The transfer of power and independence in 1947. After Indian independence, princely states and Jagirs of the Deccan States Agency were merged into Bombay State , which was created from the former Bombay Presidency in 1950. In 1956, the States Reorganisation Act reorganised the Indian states along linguistic lines, and Bombay Presidency State was enlarged by the addition of the predominantly Marathi -speaking regions of Marathwada ( Aurangabad Division ) from erstwhile Hyderabad state and Vidarbha region from
10600-546: The word Marhatta (later used for the Marathas ) is found in the Jain Maharashtrian literature. The term Maharashtra along with Maharashtrian, Marathi, and Maratha may have derived from the same root. However, their exact etymology is uncertain. The most widely accepted theory among the linguistic scholars is that the words Maratha and Maharashtra ultimately derived from a combination of Mahā and Rāṣṭrikā ,
10706-475: The world. However, like New York, it faces new competitors including fast-rising eastern financial centres such as Hong Kong and Shanghai. London is the largest centre for derivatives markets , foreign exchange markets , money markets , issuance of international debt securities , international insurance , trading in gold, silver and base metals through the London bullion market and London Metal Exchange , and international bank lending . London has
10812-473: The year 1971) than the national average. However, in the year 2011, it was found to be lower than the national average. The 2011 census for the state found 55% of the population to be rural with 45% being urban-based. Although, India hasn't conducted a caste-wise census since Independence, based on the British era census of 1931, it is estimated that the Maratha and the Maratha-kunbi numerically form
10918-440: Was a strategic defeat for Mughals. Aurangzeb failed to fully conquer Maratha territories, and this campaign had a ruinous effect on Mughal Treasury and Army. Shortly after Aurangzeb's death in 1707, Marathas under Peshwa Bajirao I and the generals that he had promoted such as Ranoji Shinde and Malharrao Holkar started conquering Mughal Territories in the north and western India, and by 1750s they or their successors had confined
11024-415: Was at that time the richest state in India and the second-most populous state in India with a population of 112,374,333. Contributing to 9.28% of India's population, males and females are 58,243,056 and 54,131,277, respectively. The total population growth in 2011 was 15.99%, while in the previous decade it was 22.57%. Since independence, the decadal growth rate of population has remained higher (except in
11130-592: Was created in 1823 in Pingyao . Some large draft banks had branches in Russia, Mongolia and Japan to facilitate the international trade. Throughout the nineteenth century, the central Shanxi region became the de facto financial centres of Qing China. With the fall of Qing Dynasty, the financial centres gradually shifted to Shanghai , mainly due to its geographical location at the estuary of the Yangtze River and to
11236-666: Was dominated by the Western Chalukya Empire and the Chola dynasty . Several battles were fought between the Western Chalukya Empire and the Chola dynasty in the Deccan Plateau during the reigns of Raja Raja Chola I , Rajendra Chola I , Jayasimha II , Someshvara I , and Vikramaditya VI . In the early 14th century, the Yadava dynasty , which ruled most of present-day Maharashtra, was overthrown by
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