Reference to Present Day:

As the entire world celebrates International Labour Day, in India, May 1st also brings the remarkable Maharashtra Day or Maharashtra Diwas. This is the day when the state of Maharashtra came into existence. On this day in 1960, the state of Maharashtra was formed on basis of linguistic grounds forced by the revolution of Samyukta Mahasabha Organisation for two decades.

President Ram Nath Kovind and Maharashtra Chief Minister Devendra Fadnavis have also extended their greetings to the people on this occasion.

President’s Word on Twitter:

‘On Maharashtra Day, greetings and good wishes to the people of Maharashtra. May the state continue to prosper and develop in the years to come’

Maharashtra Chief Minister’s Word on Twitter:

मंगल देशा ! पवित्र देशा ! महाराष्ट्र देशा !
प्रणाम घ्यावा माझा हा श्री महाराष्ट्र देशा…
महाराष्ट्र दिन आणि कामगार दिनाच्या हार्दिक शुभेच्छा !

Effect on Trading:

Stock, forex, commodity markets shut today. The country’s pioneer stock exchanges, BSE and the National Stock Exchange (NSE), are to be remained non-functional today on account of Maharashtra Day.

 What is Maharashtra Day:

Maharashtra Day, commonly known as Maharashtra Diwas or Maharashtra Din is a state holiday in the Indian state of Maharashtra, commemorating the formation of the state of Maharashtra from the division of the Bombay State on 1 May 1960. Maharashtra Day is commonly associated with parades and political speeches and ceremonies, in addition to various other public and private events celebrating the history and traditions of Maharashtra.

Formation Process:

It was in the year 1960 when the state of Bombay was divided to create two news states namely Maharashtra and Gujarat. It was under the States Reorganisation Act, 1956 that the boundaries of the state were defined. The reason behind the issue was the linguistic difference between those who spoke Marathi, Gujarati and Konkani languages.

The demand which turned into a revolution, for a separate state for Marathi-speaking people began in the early 1940s. The force behind the revolution was Samyukta Mahasabha Organization, formed in present-day Mumbai.

However, the revolution could not materialize completely due to Quit India Movement and World War II.

It took more than two decades with several commissions advocating for a separate state. The reorganisation of 1956 led to the rise of two movements – Samyukta Maharashtra Movement and Mahagujarat Movement. These movements demanded the break-up of the new Bombay State into one Marathi-speaking state and one Gujarati-speaking state. These movements laid the base for what we know today as the states of Maharashtra and Gujarat.

In the year 1956, then Prime Minister Pandit Jawaharlal Nehru announced Bombay as Union territory for five years. Later, the Lok Sabha passed a resolution for a bilingual state of Bombay. In March 1960 the Lower house of the Indian Parliament proposes the state resolution. A month later the resolution on the state of Bombay is approved by the Lower House. On May 1st, 1960, the state of Maharashtra came into existence with Bombay as its capital. Both states officially came into existence on May 1, 1960, as a result of the Bombay Reorganisation Act of 1960. So, it is not just Maharashtra Day but also celebrated as Gujarat Day in Gujarat.

Celebration Spot:

The Maharashtra government celebrates it, usually with the Governor addressing a rally at the flamboyant and historically famous Shivaji Maidan in Mumbai. In Maharashtra state government and private sector inaugurates and launches various new projects and schemes on this very day. Annual celebrations of such institutions and projects are also held in different places of the state on Maharashtra Day.