Odisha’s economy grew at 7.2 % in 2024-25, compared to the national growth rate of 6.4 % as services, agriculture and industries sector kept the momentum up, according to the annual economic survey tabled in the state assembly on Saturday.
The opposition Biju Janata Dal (BJD) and Congress MLAs protest in the Odisha Assembly demanding a special discussion on the farmer's issue on Saturday. (PTI)
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The economic survey report said the state’s agriculture sector registered a robust growth rate of 3.3 % in 2024-25. Over the last five years, agriculture sector in Odisha grew at 7 % while in India it grew at 4.1%.
The services sector, which contributes around 37.1% to the state’s economy, is estimated to grow at 10% in 2024-25 as Bhubaneswar is becoming the next IT/ITEs hub in the country. Software/electronics exports reached ₹12,904.5 crores in 2023-24. The state allocated nearly ₹58,195 crores towards capital outlay in 2024-25, which is 6.1% of GSDP. The state has the highest capital outlay to GSDP among major states in India.
Odisha’s mineral production grew at an annual compound growth rate of 21.4% between 2017-18 to 2023-24, which is the highest among major mineral-producing states.
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The economic survey report said Odisha’s per capita went up by 10.6% to reach ₹1,82,548 in 2024-25, higher than the all-India level, which has gone up by 8.7%. The state’s per capita income was 8.8% less than India’s per capita income of ₹2,00,162.
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The economic survey report said Odisha’s per capita went up by 10.6% to reach ₹1,82,548 in 2024-25, higher than the all-India level, which has gone up by 8.7%. The state’s per capita income was 8.8% less than India’s per capita income of ₹2,00,162.
Debabrata Mohanty is a senior assistant editor of Hindustan Times who works as state correspondent from Odisha covering the state's politics, governance, public policy, natural disasters, environment and its society for close to three decades. With his long years of reporting from the state capital of Bhubaneswar, Mohanty has been known as one of the most experienced and credible journalists covering Odisha for the national English dailies. His reporting combines on-ground detail with deep institutional knowledge detailing the state's changing politics, governance issues, administrative reforms and the functioning of its public institutions. He has regularly reported on issues ranging from legislative developments and public policy implementation. Politics is his core areas of expertise as he closely tracks Odisha's political landscape, including the rise and transformation of the Bharatiya Janata Party (BJP), the Biju Janata Dal (BJD), the two principal political parties in Odisha. His long association with the state's political establishment enables him to write on contemporary developments in a larger political context. Mohanty takes a deep interest in writing human interest stories, environmental issues and documenting the impact of cyclones, floods, heatwaves, and other climate-related events in one of the most disaster-prone states. His coverage extends to public health, governance reforms and stories on accountability of government institutions. Before joining Hindustan Times, Mohanty worked with The Indian Express, Mail Today, and The Telegraph, where he covered at least six general elections and as many assembly elections. In 2007, he was selected for the prestigious Chevening Young Indian Print Journalist Programme at the University of Lincoln, United Kingdom, where he received advanced training in print journalism. In 2009 he won the Press Institute of India-International Committee of Red Cross award on conflict reporting for his on-ground reportage of 2008 Kandhamal riots.
