Odisha’s economy has registered a sharp recovery in 2021-22 with Gross State Domestic Product (GSDP) clocking a growth rate of 10.1%, says the Odisha Economic Survey which was tabled in the Assembly on Tuesday.
“It is one of the fastest growing States in the country and has registered a growth rate much higher than India’s Gross Domestic Product growth rate of 8.8% as per the first advance estimate,” it says.
Stating that Odisha faced the adverse impact of COVID-19 with the GSDP contracting by 5.3% in 2020-21 against a contraction of 6.6% in India’s GDP, the report says the State’s demonstrated far more resilience and reverted to the pre-pandemic level much faster.
