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Negative growth in 2018-19 Maharashtra crop production: Economic report
Commodity Online | June 18 2019
UPDATED 17:15:58 IST

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Crop production in Maharashtra is expected to see negative growth of 8% in the 2018-19 fiscal due to severe drought in several parts of the state, the Economic Survey tabled in the state Legislature on June 17 revealed.

Agriculture and the allied sector on a whole is expected to grow at 0.4%, a decline when compared to last year's 3.1% rise, the survey further stated.

The state's economy is expected to grow by 7.5% during 2018-19, same as the Gross State Domestic Product growth clocked last year.

The industry sector is expected to grow by 6.9%, lower than last year's 7.6%, and the service sector by 9.2%, better than last year's 8.1%, the survey revealed.

Maharashtra's per capita income was Rs 1,91,827, third behind Karnataka at Rs 2,07,062 and Andhra Pradesh's Rs 1,43,935.

The gross irrigated area to gross cropped area ratio was not provided in the survey for the seventh year in a row.- PTI

 

Commodity Arrivals Rate
Mustard Oil 9.32 10300.00
Coconut Oil 1.5 18500.00
Arecanut 2 21000.00
Sugar 506 3342.00

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