Mumbai, 07

Mar (HS): Maharashtra’s economy is expected to grow at 7.3 percent as per the advance estimates of 2024-25, according to the government’s pre-budget Economic Survey tabled in the assembly on Friday.The report was tabled by Deputy Chief Minister Ajit Pawar who holds the Finance portfolio.

The survey says that the Indian economy is expected to grow at 6.5 percent during 2024-25.

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

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, the report says. The real GSDP is estimated at Rs 24,35,259 crore for 2023-24 compared to Rs 22,55,708 crore for 2022-23.

As per revised estimates, the share of Maharashtra’s nominal GSDP in the all-India nominal GDP was the highest at 13.5 percent during 2023-24.

The per capita income for 2024-25 is estimated at Rs 3,09,340 as against Rs 2,78,681 for 2023-24.

Hindusthan Samachar / Ajay Vasant Mardikar