Chief Minister Prithviraj Chavan told the NDC meeting that the accelerated pace of development is planned to be achieved by four per cent growth in agriculture and 11 per cent each in industry and services sector.
At the same time, he made it clear that the realisation of the target was subject to monsoon being normal as Maharashtra is 83 per cent rainfed.
An outlay of Rs 2,75,000 crore has been proposed for the state for the 12th plan.
The average growth rate of Maharashtra during the 11th plan was 8.6 per cent against the targeted growth rate of 9.1 per cent and was higher than the corresponding GDP growth rate of 8.2 per cent.
The Chief Minister said that special efforts would be required to push the industrial growth rate to 11 per cent in the next plan while the growth rate in service sector is "achievable".
Making a strong plea to the Planning Commission to initiate a scheme of 'Green Bonus', he said that such a programme is needed for providing special funds to districts like Gadchiroli, Chandrapur, Bhandara, Gondia and Amravati which carry the burden of maintaining forest cover and have a huge development backlog.
The Chief Minister said that Maharashtra plans to take up 'Dryland Farming Mission' in a big way during the 12th plan so that an additional 100 lakh hectare area is brought under protective irrigation. MORE
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
