What Does the Economic Survey Reveal About Odisha's 9.2% Growth in Per Capita Income?

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What Does the Economic Survey Reveal About Odisha's 9.2% Growth in Per Capita Income?

Synopsis

The Economic Survey 2025-26 reveals that Odisha has achieved a remarkable 9.2% increase in per capita income, reaching Rs 1,86,761. This growth is indicative of the state's economic expansion across various sectors, including agriculture, industry, and services, positioning Odisha as a rapidly developing state in India.

Key Takeaways

Odisha's per capita income increased by 9.2% to Rs 1,86,761 State's GSDP estimated at Rs 9.9 lakh crore, growing by 9.5% Real economic growth projected at 7.9% for 2025-26 Labour Force Participation Rate increased to 64.5% Agriculture sector growth at 5.3%, contributing 19.6% to the economy Manufacturing expected to grow by 8.3% Financial services growth projected at 11.9% Focus on digital economy through new policies

Bhubaneswar, Feb 19 (NationPress) The state government unveiled the Economic Survey 2025-26 on Thursday, highlighting remarkable growth, an increase in per capita income, and notable advancements in agriculture, industry, services, and social development.

The annual economic survey indicates a 9.2% rise in per capita income for the state, bringing it to Rs 1,86,761, which signifies a quicker alignment of per capita income with the national average.

“Odisha's per capita income has surged by 9.2% to Rs 1,86,761 in 2025-26 (AE), while the national per capita income has increased by 6.9%. This rapid growth reflects a faster convergence with the national average,” stated the state government.

The report further revealed that Odisha's economy, measured by the Gross State Domestic Product (GSDP) at current prices, is projected to be Rs 9.9 lakh crore in 2025-26, marking a 9.5% increase from Rs 9 lakh crore in 2024-25. The real economic growth is forecasted at 7.9% for 2025-26, surpassing the previous year's growth of 7.2% and outpacing the national average of 7.4%.

“All sectors have demonstrated robust growth rates in 2025-26, and the state is on the verge of rapid expansion in the coming years as both private and public investments are on the rise,” the government further indicated.

The Economic Survey also emphasized the increase in the Labour Force Participation Rate (LFPR), especially among females. The LFPR rose to 64.5% in 2024 from 58.1% in 2022, exceeding the national average of 59.6% in 2024. The Female LFPR surged to 48.7% in 2024, demonstrating a significant move towards gender inclusion.

According to the survey, agriculture and allied sectors contribute 19.6% to the state economy in 2025-26, above the national share of 16.8%. The sector experienced a 5.3% growth rate, compared to India's 3.1%. Foodgrain production in Odisha reached a record high of 150.5 lakh MT in 2024-25, up from 143.04 lakh MT in 2023-24, reflecting a 5.2% growth rate. The production of rice increased by 2.8% from 2023-24, aided by initiatives like the Samrudha Krushak Yojana and CM-Kisan scheme.

In the industrial sector, contributions to GSVA at current prices amounted to 41.3%, approximately Rs 3.6 lakh crore. This sector registered a 6.4% growth at constant prices, primarily driven by a significant expansion in manufacturing, which is projected to grow by 8.3%, compared to the national average of 7%. The services sector represented 39.1% of GSVA in 2025-26, with a projected growth of 9.3% at constant prices.

The financial services sector anticipates a growth rate of 11.9% in 2025-26 (AE). Policies such as the AI Policy 2025, Odisha GCC Policy 2025, and Semiconductor & Fabless Policy 2025 aim to enhance the state's position as a digital economy hub.

Additionally, the Economic Survey highlighted significant advancements in various sectors, including railways, port and airport infrastructure, irrigation, health, sports, and education.

Chief Minister Mohan Charan Majhi is set to present the annual state budget for the 2026-27 financial year in the state Assembly on Friday.

Point of View

The Economic Survey reflects Odisha's commitment to economic development and social progress. The notable growth in per capita income and the rise in labour force participation, especially among women, highlight the state's efforts to create an inclusive economy. Such advancements are crucial not only for Odisha but also set a precedent for other states to follow in the pursuit of sustainable development.
NationPress
12 May 2026

Frequently Asked Questions

What is the current per capita income of Odisha according to the Economic Survey?
The current per capita income of Odisha, as per the Economic Survey 2025-26, is Rs 1,86,761, which represents a 9.2% increase.
What sectors contributed to Odisha's economic growth?
Odisha's economic growth is attributed to significant advancements in agriculture, industry, and services, with the agriculture sector contributing 19.6% to the state economy.
How is the Labour Force Participation Rate changing in Odisha?
The Labour Force Participation Rate in Odisha has risen to 64.5% in 2024, surpassing the national average, indicating a positive trend in employment.
What are the expected growth rates for various sectors in Odisha?
The services sector is projected to grow by 9.3%, while the manufacturing sector is expected to grow at 8.3%, indicating robust economic expansion.
What initiatives are in place to support Odisha's economic growth?
Initiatives like the AI Policy 2025, Odisha GCC Policy 2025, and others aim to establish Odisha as a hub for digital economy and innovation.
Nation Press
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