Over 36,000 firms shut operations in Maharashtra in 5 yrs; Oppn claims graft, govt interference
In Maharashtra, over 36,000 private companies have been dissolved within the last five years, particularly affecting the business services and manufacturing industries, thereby limiting job opportunities. Opposition figures blame these closures on government corruption and mishandling, challenging the narrative of economic growth and employment creation. Notably, Mumbai City, Pune, and Thane are the regions with the most company dissolutions.