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Odisha Gsdp

Odisha tables revenue surplus budget with total outgo pegged at Rs 1.5 trn

Budget estimates fiscal deficit to be at 3.4%, within permissible limit of FRBM target

Odisha tables revenue surplus budget with total outgo pegged at Rs 1.5 trn
Updated On : 18 Feb 2020 | 8:37 PM IST

Odisha's GDP expected to grow at 6.16% in FY20, shows Economic Survey

According to the Odisha Economic Survey, the state's GSDP is growing at average annual growth rate of 7.5%, enabling it to grow at rate faster than national average in 8 years save 2014-15

Odisha's GDP expected to grow at 6.16% in FY20, shows Economic Survey
Updated On : 17 Feb 2020 | 7:53 PM IST

Odisha Budget outgo up 16% to Rs 1.39 trn, stake eyes 8-8.5% growth in FY20

Budget seeks to strike balance between fiscal prudence and funding a bevy of welfare schemes, by curbing fiscal deficit for FY20 at 3.49% within the 3.5% cap mandated under FRBM Act

Odisha Budget outgo up 16% to Rs 1.39 trn, stake eyes 8-8.5% growth in FY20
Updated On : 28 Jun 2019 | 7:40 PM IST

Odisha's GSDP growth pegged at 7.14% for FY18, higher than national average

Odisha's Gross State Domestic Product (GSDP) is projected to grow at the rate of 7.14 per cent in 2017-18, higher than the national average of 6.5 per cent, says the state's Economic Survey.The survey goes on to point that the state economy in 2016-17 expanded by a striking 10.39 per cent as per the first revised estimates. Odisha has shed the tag of a laggard state and is exhibiting strong catch up growth, helping in the transformation of the economy.Between 2011 and 2017, while the state economy expanded by 53 per cent, its real per capita income increased by 42 per cent to an estimated level of Rs 92,727 in 2017-18.The survey attributed the growth trajectory of the state over the last five years to several development initiatives and prudent macro management of the economy."A structural shift is visible but it is largely on account of a shrinking share of industrial sector in the state. At present, services account for 45 per cent of the GSDP, industry 35 per cent and agriculture ..

Odisha's GSDP growth pegged at 7.14% for FY18, higher than national average
Updated On : 23 Mar 2018 | 12:23 AM IST