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Maharashtra economy is growing slowly
March 06, 2020
Maharashtra economic growth in 2019-2020 is growing slowly at a rate of 5.7% which was 6% in the last year. Economic growth of the largest state economy is declining in last two years but it is expected to grow in 2020.
Industrial and manufacturing sector is facing a worse economic hit where the growth rate has gone down but on the other hand agriculture sector shows positive growth.
Financial condition of Maharashtra is in problem because of the debt of 4.7 lakh crore.
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