Wealthy States Guiding India Towards Prosperity


BANGALORE: The different states in India not only make the country rich culturally but also financially. Recently Financial Commission came out with its 13th report where it listed down the states that are generating revenues and contributing towards the growing economy of India. Let us have a look at the states making India prosperous with higher GDP growth coupled with better tax revenues, as  compiled by Rediff.com.

#1 Maharashtra: Tax Revenue: 4,51,800 crore ($76 billion): Most sought-after state in India, referred to as land of dreams,

Maharashtra leads India in its revenue market. World’s billionaires reside in this state and all economic activities have their centre point here in Mumbai. Maharashtra is India’s richest state and is the most populous and urbanized with high rate of economic growth. The service sector here contributes more towards the growth of revenue and therefore the state contributes over 40 percent to India’s total national revenue.

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