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Maharashtra Targets ₹51 Lakh Crore GSDP Growth to Achieve $1 Trillion Economy by 2029-30

Target:MPSCUPSC GS-IIISSC GATeachingPrelims HighMains MediumStatic GK Link
20 Mar 2026
~2 min
Source: Indian Express
Key Data:₹51 lakh crore GSDP2029-30 target30% FDI share10 backward districts177 talukas
Bodies:Gokhale Institute of Politics and Economics, PuneState Statistics Department, MaharashtraUnion Ministry of Statistics and Programme Implementation
Practice MCQs from today's news ▸
What This Article Covers

1.Maharashtra, with a GSDP of ₹51 lakh crore, aims to become a $1 trillion economy by 2029-30, as per CM Devendra Fadnavis.

2.The state accounts for 30% of India's total FDI and is a leader in startups, manufacturing, and data centers.

3.The 'Loksatta District Index' report underscores the strategy for Viksit Bharat by addressing district-level imbalances through a focused development plan for 10 backward districts and 177 talukas.

The Big Picture
Prelims · HighMains · Medium

Maharashtra's Chief Minister announced the state's ambitious target to become a $1 trillion economy by 2029-30, backed by its current GSDP of ₹51 lakh crore. This goal is linked to the 'Loksatta District Index' report, which emphasizes balanced regional development by focusing on the most backward districts and talukas.

Exam Lens

Quick Exam Facts From News

Maharashtra GSDP₹51 lakh crore
Trillion-Dollar Target2029-30 (or 2030-31 if drought)
Maharashtra's FDI Share30% of India's total
Backward Districts Focus10 districts
Aspirant Districts NamedJalna, Parbhani, Hingoli, Dhule, Palghar
Knowledge PartnerGokhale Institute of Politics and Economics, Pune
Data PartnerState Statistics Department

1-Minute Revision

  • ›Maharashtra GSDP: ₹51 lakh crore
  • ›Trillion-Dollar Target: 2029-30 (or 2030-31 if drought)
  • ›Target this Data: Maharashtra's current GSDP is ₹51 lakh crore.
  • ›Target this Nodal Body: Ministry of Statistics and Programme Implementation (MoSPI).
  • ›Target this Data: Maharashtra accounts for 30% of India's total FDI.
  • ›Target this Entity: Gokhale Institute of Politics and Economics, Pune, is the knowledge partner.

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Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

Which Union Ministry's Secretary delivered a lecture on 'Measuring what matters: Strengthening district level data for more informed policy making' as mentioned in the article?

Q2Statement-basedHard

Consider the following statements regarding the 'Loksatta District Index' report:

1. The report categorizes districts as backward and very backward based on their progress across 16 critical parameters.

2. The Gokhale Institute of Politics and Economics, Pune, is the data partner for the report.

3. The report aims to address development mismatches to help Maharashtra achieve its target of becoming a five trillion-dollar economy by 2047.

Which of the statements given above is/are correct?

Q3Data-centricMedium

According to the article, what is the current Gross State Domestic Product (GSDP) size of Maharashtra?

Q4Application/ImpactMedium

What is the primary strategic objective behind the 'Loksatta District Index' report as highlighted in the news?

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