Summary:
The state saw 13 per cent growth in agricultural sector in F2017. The state's real output growth has accelerated from 5.4 per cent in F2015 to 9.4 per cent in F2017. Agriculture though contributes only 11 per cent of the state's output, it employs 50 per cent of the work force. According to Morgan Stanley, concerted water program by creating almost 52,000 ponds has improved water security of the drought-prone state. CM's target of Maharashtra's economy to achieve $1 trillion represents an annual growth of 15 per cent and it will be led by services growth..