Odisha’s Growth: 7.2%, Outpacing National Rate
Odisha is making headlines with its impressive economic growth rate of 7.2%, which surpasses the national average. According to the latest economic survey, the state’s robust performance is a testament to its strategic initiatives and developmental policies aimed at fostering growth.
Per Capita Income on the Rise
In 2024-25, Odisha’s per capita income surged by 10.6%, reaching ₹1,82,548. This increase is noteworthy, especially when compared to the all-India level, which saw a rise of 8.7%. Such growth in per capita income indicates not just economic development but also an improvement in the standard of living for the citizens of Odisha.
Factors Contributing to Growth
Several factors have contributed to this remarkable growth. Odisha has prioritized sectors such as manufacturing, agriculture, and services, creating a diverse economic base. Moreover, investments in infrastructure and skill development have played a crucial role in attracting businesses and generating employment opportunities.
What Lies Ahead?
Looking ahead, Odisha aims to sustain this growth momentum by focusing on innovation and technology. The state government is keen on fostering an environment conducive to business while ensuring that economic benefits reach all segments of society.
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In conclusion, Odisha’s growth trajectory is promising, and with continued efforts, the state is set to become a key player in India’s economic landscape. Keep an eye on this dynamic state as it marches towards a brighter future!