Published: Sat, March 10, 2018
Medical | By Marta Holmes

Maharashtra Economic Survey: Over 48000 children out of school

Maharashtra Economic Survey: Over 48000 children out of school

The growth of 7.3 per cent (in 2017-18) is against the 10 per cent growth projected during 2016-17, the survey said.

Bad monsoon season in 2017 provided only about 85% of normal rains to Maharashtra, which consequently resulted in total state agricultural output declining drastically. Last year's economic survey had said that the agriculture sector was expected to grow by 12.5 per cent. At the end of February 2018, the revenue under GST stood at ₹45,886 crore, said Finance Minister Sudhir Mungantiwar while presenting his fourth Budget.

The tax revenue is expected to increase by 11.6 percent during 2017-18 over the previous year.

- The production of pulses, cereals, oilseeds and cotton is expected to decrease, while the production of sugarcane is expected to go up, it said. Of 355 talukas (excluding talukas in Mumbai city and Mumbai suburban districts) in the state, 147 received deficient, 146 normal and 62 excess rainfall.

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- During 2016-17, the agriculture production was higher on account of good rains.

The report cited rapid fall in farm production due to bad rains as the main reason for overall fall in growth of India's biggest state economy.

"Maharashtra ranks 10th among the states in the average size of operational land holding, which is just 1.44 hectare".

"This will be achieved by increasing growth in sectors like agriculture, textiles, tourism, start-ups and by investing in industry with requisite skill development support", he added. However, during 2017-18 the agriculture and allied sector are expected to register (-) 8.3 per cent due to less rains (84.3 per cent of normal rains) as compared to past year. "Yet, corrective measures enforced can bring better results and higher growth rate in the sector". A multi-speciality hospital will come up in Sindhudurg with an investment of about Rs 20 crore.

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With small and marginal farmers accounting for 78 per cent of the total 1.36 crore farmers, the state government has made a decision to extend the group farming projects across 40,913 villages.

Taking ahead the campaign of Unnat Sheti and Samruddhi Shetkari initiated from kharif 2017-18, the objective is to double the farmers' income and production by 2022.

The financial aid was provided to farmers who were affected by the natural calamities, he said.

The Economic Survey has pointed that flagship project Jalyukta Shivar has yielded positive results and would be continued to make the remaining 6,000 villages out of a total 25,000 drought-free by 2019. The estimated revenue expenditure comprises a total allocation of Rs95,000 crore for all government schemes and programmes, which represents a 23.08% increase over the previous fiscal's allocations.

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