Maharastra's economy to clock 7.3% growth in 2024-25: Economic Survey

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Maharastra's economy to clock 7.3% growth in 2024-25: Economic Survey - Business Standard

Quick Summary:

Maharashtra's economy is expected to grow at 7.3 per cent as per the advance estimates of 2024-25, according to the government's pre-Budget Economic Survey tabled in the assembly on Friday.

The nominal GSDP (Gross State Domestic Product) for 2023-24 is estimated at Rs 40,55,847 crore as against Rs 36,41,543 crore in 2022-23, said the Economic Survey.

In the financial year 2024-25, agriculture and allied activities, industry and services sectors are expected to grow at 8.7 per cent, 4.9 per cent and 7.8 per cent, respectively, it said.