at the allindia level the survey showsbut fiscally the cashstrapped state continues to draw concerns with an estimated debt of rs 413 lakh crore in 201718 up from rs 371 lakh crore in 201617 this is well within fiscal limits our debt to gsdp ratio is 166 which is much lower than the 222 limit stipulated by the 14th finance commission says mungantiwar201617201718gross state domestic product1073gross state value added9966agriculture22583industry6965services9697maharashtras growth ratesectoral growth ratemaharashtras economic survey 201718state economy set to grow by 73 over the previous year in 201718 compared to 10 in 201617the indian economy is expected to grow by 65 in 201718maharashtras growth rate of agriculture sector from to decline from 225 in 201617 to 83 in 201718decline in growth rate of industrial sector from 69 in 201617 to 65 in 201718services sector growth rate to increase by 01 from 96 in 201617 to 97 in 201718state says agricultural production has declined owing to a lowered rainfall in 201617 which was 843 of normalstates gsdp is rs 249 lakh crore crore during 201718 as compared to 225 lakh crore in 201617states gsdp to grow by 234 lakh crore in 201718 over 201617per capita income is 18 lakh in 201718 compared to 165 lakh in 201617in 201617 maharashtras per capital income was higher than several other states including karnataka andhra pradesh and tamil naduexpected revenue receipts for 201718 are 243 lakh crore compared to rs 22 lakh crore during 201617expected revenue expenditure for 201718 is 248 lakh crore compared to 234 lakh crore in 201617expected revenue deficit is rs 4511 crore for 201718 fiscal deficit is rs 38789 crore and the states debt is rs 413 lakh croregovernment says debt is within fiscal limits the debt to gsdp ratio is 166 compared to the the limit of 22 stipulated in the 14th finance commissionthe asian competitiveness institute of the lee kuan yew school of public policy of singapore index of ease of business in 2016 ranked maharashtra first in the countryof the 8 lakh crore investments in make in india week in 2016 61 are in various stages of implementationfrom august 1991 to december 2017 as many as 19826 industrial proposals were approved of these 8974 453 projects were commissionedthe rbi in mumbai received rs 74123 crore equity inflows of fdi for maharashtra dadra and nagar haveli during april to december 2017 32 of all india levelmaharashtras share in total industrial proposals received since 1991 was 179 accounting for 129 of investments