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Maharashtra GSDP likely to grow at 5.7 pct; agriculture rate declines; survey

Industry Economy

Maharashtra’s Gross State Domestic Product (GSDP) is expected to grow at 5.7 per cent during 2014-15, according to the state Economic Survey. The survey, however, says agriculture and allied activities is expected to show negative growth as fluctuations in rains have adversely affected the sector. Further, Forestry sector is expected to grow at 7.3 per cent over the previous year while fishing sector is expected to grow at 2.6 per cent.

Extracted from FE Mar 17,’15

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