Since this place is capital of tehsil or taluka, large numbers of people are employed in various government offices, schools, colleges, banks, hospitals and other service industry.

Water supply for drinking and agricultural purposes is available from Morna Dam, Shirala located 5 kilometres from town.

Recently, a dozen of small-scale agro-industries have been set in Maharashtra Industrial Development Corporation (MIDC) area near Shirala.

With special economic concessions offered due to remoteness of the area, the MIDC has attracted number of investors in relatively short time.

Battis Shirala is famous for its annual Nag Panchami Snake festival, which is attended by hundreds of thousands people.

In shirala, a day approximately two weeks before the festival, farmers clean their cows and bulls, decorate them and feed them with special food; villagers go snake-hunting, after getting kaul (permission) from Goddess Amba Bai by placing a flower on her head.

Snakes (including the venomous Indian King Cobra) are tracked by their body marks in the soil.

When one of the Navnatha (Gorakhnath) visited their place, he gave them permission and blessing to catch actual snake and worship it.

Shirala is famous for one of the eleven Maruti temples built by Marathi saint Samarth Ramdas.

This 17th-century temple is located about 200 feet away from main bus station of the town and is visited by many devotees on Saturdays.