ISAS Working Papers

According to the latest report by credit rating agency Brickwork Ratings, Maharashtra is the largest economy in India. Its gross state domestic product is expected to grow by 9.4 per cent in 2016-17 compared to 8.5 per cent in 2015-16. A state with the highest tax revenue in India, Maharashtra is also a leading player in the information technology, business process outsourcing and knowledge process outsourcing sectors. The state’s impressive performance has been attributed to the efforts by the government to take strong measures to address the challenges facing the state and putting in place important economic reforms. This paper examines the reforms undertaken in three key areas, namely, agriculture, ease of doing business and infrastructure development. It also highlights the impact of the reforms on these sectors and on Maharashtra as a whole.