Odisha’s Per Capita Income 12.4% Less Than National Average: Economic Survey Report

Bhubaneswar: Odisha’s per capita income is 12.4 per cent less than India’s per capita income.

The per capita income of Odisha is 1,61,437 for 2023-24 which is less than India’s per capita income of Rs 1,84,205, according to the Economic Survey Report which was tabled in the Odisha Assembly on Wednesday.

The BJP government led by Mohan Majhi in Odisha will use this data to show how the state failed to progress during Naveen’s regime over 24 years, say political experts.

As per the survey report, Odisha’s per-capita income since 2015-16 has grown at a CAGR (Compound annual growth rate) of 12.1 per cent, still Odisha ranks 11th among 17 major States.

In the report, the new BJP government in Odisha promised to expedite its growth and developmental efforts to increase the per capita income and contribute to “Viksit Bharat” goal of Modi government.

The report points out that the Odisha economy is estimated to grow at 8.5 per cent in 2023-24 as per advance estimates in comparison to 7.9 per cent growth in 2022-23. The growth, however, was concentrated in the industry and services sector.