Maharashtra State Economy Expected To Grow By 5.7% In 2019-20

Maharashtra State economy is expected to grow by 5.7% during 2019-20, while the Indian economy is expected to grow by 5%, according to the state Economic Survey 2019-20. During 2019-20, the 'Agriculture & allied activities', 'Industry' and 'Services' sectors are expected to grow by 3.1%, 3.3% and 7.6% respectively. As per the advance estimates, nominal (at current prices) Gross State Domestic Product (GSDP) for 2019-20 is expected to be Rs 28,78,583 crore and real (at constant 2011-12 prices) GSDP is expected to be Rs 21,54,446 crore. The Per capita State Income for 2018-19 is Rs 1,91,736 as against Rs 1,75,121 for 2017-18.

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