OdishaBy Bizodisha Bureau, Bhubaneswar, February 25, 2017 : Odisha has been consistently registering above national growth rate in the past couple of year, in 2016-17, the state has registered a Gross State Domestic Product (GSDP) growth rate of 7.94 per cent in 2016-17 fiscal as against the national average of 7.1 per cent.

The Economic Survey Report tabled by Finance Minister Pradip Kumar Amat in the Assembly here on Saturday says the real per capita income has increased from Rs 47, 632 in 2011-12 to Rs 61, 678 in 2016-17. During the corresponding period, India’s per capita income grew 6.5 per cent to Rs 81, 805 from Rs 77, 524.

However, the contribution of manufacturing sector to the state’s growth has declined to 18.27 per cent in 2016-17 from 19.19 per cent in 2015-16. With iron, steel and non-ferrous metals contributing 72 per cent to manufacturing sector, the gross value stood at Rs 63,695 crore. Bin 2015, Odisha had 57 per cent of aluminium produced in the country.

The service sector contributed 43.53 per cent to the GSDP and the sector is expected to grow 8.08 per cent in 2016-17, the report said. The mining and manufacturing sectors are expected to grow at 4.52 per cent during 2016-17.

urban poor foodOn poverty reduction, the report said about 82 lakh poor people moved up from below poverty lines in eight years. The poverty in Odisha has declined by 24.61 percentage point (average annual decline of 3.52 percentage points) from 57.20 per cent in 2004-05 to 32.59 per cent in 2011-12, the highest reduction among major states, the report added.

On growth of education, the report said the state fared well in education sector. The growth rate was almost equal to the national average. The enrollment at primary and upper primary levels has increased in the state. While women literacy level was below the national average, employment of women in organised sectors has witnessed an upward trend.

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