Skip to main content

Economic Growth in Maharashtra and India with Particular Reference to Electricity Consumption

  • Conference paper
  • First Online:
Advancement in Materials, Manufacturing and Energy Engineering, Vol. I

Part of the book series: Lecture Notes in Mechanical Engineering ((LNME))

  • 663 Accesses

Abstract

Maharashtra may be regarded as one of the fast and advancing states in India leading with huge industrial growth; nonetheless, it struggles with regular power cuts and further additional problems in the power sector, thus making it an honest study for the country’s energy sector. This manuscript analyzes the electricity usage pattern and economic, financial growth in Maharashtra and comparing it with the country as electricity plays a key role in the development and its progress. The overall trend reflects larger use of electricity by the farmers for agricultural yields other than revenue and jobs generating industrial consumers mainly due to providing subsidized power to the agriculture sector. Outlining the use of electricity pattern, it reveals the relationship between economic progress and utilization of electricity in Maharashtra by the both agriculture and industries. Lastly, power demand is projected to be 1690 billion units by 2022. Policies in the future must consider total metering, minimizing subsidy, supplying superior and dependable power supply to all regions, and usage of available resources to realize sufficient, dynamic, and effective consumption of electricity and economic progress along with it.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 259.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 329.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Government of India, Ministry of Statistics and Programme Implementation Energy statistics 2020, pp 1–117

    Google Scholar 

  2. Ministry of Power. https://saubhagya.gov.in/. Last accessed 2020/12/29

  3. Ministry of Power. https://powermin.nic.in/en/content/about-ministry. Last accessed 2020/12/29

  4. PRS Legislative Research. Maharashtra budget analysis 2020–21. https://www.prsindia.org/parliamenttrack/budgets/maharashtra-budget-analysis-2020-21. Last accessed 2020/12/29

  5. Central Intelligence Agency. The World Factbook, India. https://www.cia.gov/the-world-factbook/static/265961bcafce29e6b74fd3ffd37b56a0/IN-summary.pdf. Last accessed 2020/12/29

  6. International Monetary Fund. World economic outlook database. https://www.imf.org/en/Countries/IND. Last accessed 2020/12/29

  7. UNICEF Annual Report 2013—India. https://www.unicef.org/about/annualreport/files/India_COAR_2013.pdf. Last accessed 2020/12/29

  8. Size, growth rate and distribution of population. https://censusindia.gov.in/2011-prov-results/data_files/india/final_ppt_2011_chapter3.pdf. Last accessed 2020/12/29

  9. Government of India, Central Statistics Office, Ministry of Statistics and Programme Implementation Energy statistics 2019, pp 1–123

    Google Scholar 

  10. Lahiri-Dutt K (2016) The diverse worlds of coal in India: Energising the nation, energising livelihoods. Energy Policy 99:203–213

    Article  Google Scholar 

  11. Gi K, Sano F, Akimoto K, Hiwatari R, Tobita K (2020) Potential contribution of fusion power generation to low-carbon development under the Paris Agreement and associated uncertainties. Energy Strat Rev 27(2020):100432

    Google Scholar 

  12. Wang Z, Meng J, Zheng H, Shao S, Wang D, Mi Z, Guan D (2018) Temporal change in India’s imbalance of carbon emissions embodied in international trade. 231:914–925

    Google Scholar 

  13. Central Electrical Authority. Monthly report, 2016. http://www.cea.nic.in/reports/monthly/executivesummary/2016/exe_summary-03.pdf. Last accessed 2020/12/29

  14. Central Electrical Authority. Monthly report, 2017. http://www.cea.nic.in/reports/monthly/executivesummary/2017/exe_summary-02.pdf. Last accessed 2020/12/29

  15. Central Electrical Authority. Monthly report, 2018. http://www.cea.nic.in/reports/monthly/executivesummary/2018/exe_summary-02.pdf, last accessed 2020/12/29

  16. Central Electrical Authority. Monthly report, 2019. http://cea.nic.in/reports/monthly/executivesummary/2019/exe_summary-02.pdf. Last accessed 2020/12/29

  17. Central Electrical Authority. Monthly report, 2020. http://www.cea.nic.in/reports/monthly/installedcapacity/2020/installed_capacity-03.pdf. Last accessed 2020/12/29

  18. United Nations Treaty Collection. Paris agreement. https://treaties.un.org/Pages/ViewDetails.aspx?src=IND&mtdsg_no=XXVII-7-d&chapter=27&clang=_en. Last accessed 2020/12/29

  19. India Energy Outlook. https://www.iea.org/reports/india-2020. Last accessed 2020/12/29

  20. Nazir MS, Mahdi AJ, Bilal M, Sohail HM, Ali N, Iqbal HM (2019) Environmental impact and pollution-related challenges of renewable wind energy paradigm—a review. Sci Tot Environ 683:436–444

    Google Scholar 

  21. Eren BM, Taspinar N, Gokmenoglu KK (2019) The impact of financial development and economic growth on renewable energy consumption: empirical analysis of India. Sci Tot Environ 663:189–197

    Google Scholar 

  22. Ministry of Power. Launch of DUGJY. http://pib.nic.in/newsite/PrintRelease.aspx?relid=123595. Last accessed 2020/12/29

  23. Rural electrification status. http://garv.gov.in/dashboard. Last accessed 2020/12/29

  24. Ray S, Naylor RL (2019) Rural electrification in agricultural intensification across India. In: AGUFM 2019: GC43H-1409

    Google Scholar 

  25. Malakar Y (2018) Evaluating the role of rural electrification in expanding people’s capabilities in India. Energy Policy 114:492–498

    Article  Google Scholar 

  26. Census of India 2011. http://censusindia.gov.in/2011census/Hlo-series/HH11.html. Last accessed 2020/12/29

  27. Singh P, Agrawal G (2020) Development, present status and performance analysis of agriculture insurance schemes in India. Int J Soc Econ

    Google Scholar 

  28. Wang Q (2020) Comparative analysis of drivers of energy consumption in China, the USA and India: a perspective from stratified heterogeneity. Sci Tot Environ 698:134117

    Google Scholar 

  29. Central Electricity Authority. Growth of electricity sector in India from 1947–2019. https://cea.nic.in/wp-content/uploads/pdm/2020/12/growth_2020.pdf. Last accessed 2020/12/29

  30. Government of India, Ministry of Statistics and Programme Implementation, Energy Statistics 2020

    Google Scholar 

  31. State energy calculator. https://www.mahadiscom.in/daily-power-position/. Last accessed 2020/12/29

  32. International Monetory Fund_India. https://www.imf.org/en/Countries/IND. Last accessed 2020/12/29

  33. World Economic Outlook. https://www.imf.org/en/Publications/WEO/Issues/2018/09/24/world-economic-outlook-october-2018. Last accessed 2020/12/29

  34. Business Standard. India: an agricultural powerhouse of the world. https://www.business-standard.com/article/b2b-connect/india-an-agricultural-powerhouse-of-the-world-116051800253_1.html. Last accessed 2020/12/29

  35. NASSCOM. Annual report 2018–19. https://nasscom.in/sites/default/files/NASSCOM_Annual_Report_2018-19.pdf. Last accessed 2020/12/29

  36. Government of Maharashtra, Planning Department, Directorate of Economy and Statistics, Economic survey of Maharashtra 2019–20

    Google Scholar 

  37. De Roy S. Ind J Agri Econ Econ Polit Weekly 52(9):67–72

    Google Scholar 

  38. IBEF. Maharashtra state. https://www.ibef.org/download/Maharasthra_271211.pdf. Last accessed 2020/12/29

  39. Rawal P (2015) Indian stock market and investors strategy, 16 April 2015, pp 12. ISBN 978-1-5053-5668-7

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2022 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Satpute, A.V., Kumar, E.V. (2022). Economic Growth in Maharashtra and India with Particular Reference to Electricity Consumption. In: Verma, P., Samuel, O.D., Verma, T.N., Dwivedi, G. (eds) Advancement in Materials, Manufacturing and Energy Engineering, Vol. I. Lecture Notes in Mechanical Engineering. Springer, Singapore. https://doi.org/10.1007/978-981-16-5371-1_6

Download citation

  • DOI: https://doi.org/10.1007/978-981-16-5371-1_6

  • Published:

  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-16-5370-4

  • Online ISBN: 978-981-16-5371-1

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics