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Upon India's independence in 1947 the city was incorporated into Bombay State. In 1960, following the Samyukta Maharashtra Movement, a new state of Maharashtra was created with Mumbai as the capital. [31] Mumbai is the financial, commercial, [32] and entertainment capital of South Asia.
The territory retained by India was restructured into Bombay State when India became a republic in 1950. It included princely states such as Kolhapur in Deccan, and Baroda and the Dangs in Gujarat, which had former parts of Deccan States Agency and Baroda, Western India and Gujarat States Agency .
Gujarati-speaking areas of Bombay State were partitioned into the state of Gujarat. [33] Maharashtra State with Mumbai as its capital was formed with the merger of Marathi-speaking areas of Bombay State, eight districts from Central Provinces and Berar, five districts from Hyderabad State, and numerous princely states enclosed between them. [34]
India is a federal constitutional republic governed under a parliamentary system consisting of 28 states and 8 union territories. [1] All states, as well as the union territories of Jammu and Kashmir, Puducherry and the National Capital Territory of Delhi, have elected legislatures and governments, both patterned on the Westminster model.
The state's capital, Mumbai, is India's financial and commercial capital. [25] The Bombay Stock Exchange , India's largest stock exchange and the oldest in Asia, is located in the city, as is the National Stock Exchange , which is the second-largest stock exchange in India and one of world's largest derivatives exchanges .
After India's independence in 1947, the territory of Bombay Presidency retained by India was restructured into Bombay State. The area of Bombay State increased, after several erstwhile princely states that joined the Indian union were integrated into Bombay State. In 1960, following protests from the Samyukta Maharashtra movement, the city was ...
In 1858, Allahabad (now Prayagraj) became the capital of India for a day when it also served as the capital of North-Western Provinces. [3]During the British Raj, until 1911, Calcutta was the capital of India.
State Capital Years Present-day state(s) Ajmer State: Ajmer: 1950–1956 Rajasthan: Andhra State: Kurnool: 1953–1956 Andhra Pradesh: Bhopal State: Bhopal: 1949–1956 Madhya Pradesh: Bilaspur State: Bilaspur: 1950–1954 Himachal Pradesh: Bombay State: Bombay: 1950–1960 Maharashtra, Gujarat, and partially Karnataka: Coorg State: Madikeri ...