Blurb: The State Economic Survey highlights rising income, record output and accelerating sectoral expansion.
Bhubaneswar
The Odisha government on Thursday released the Economic Survey 2025-26, presenting a picture of sustained economic momentum marked by higher per capita income, expanding Gross State Domestic Product (GSDP), and robust growth across agriculture, industry, and services.
According to the survey, the state’s per capita income increased by 9.2 per cent to reach Rs 1,86,761 in 2025-26 (Advance Estimates), outpacing the national growth rate of 6.9 per cent. The government noted that this rapid increase signals faster convergence of Odisha’s per capita income with the all-India average, reflecting improving living standards and economic stability.
The size of the state’s economy, measured by GSDP at current prices, is estimated at Rs 9.9 lakh crore in 2025-26, registering a 9.5 per cent rise from Rs 9 lakh crore in 2024-25. Real economic growth is projected at 7.9 per cent, higher than 7.2 per cent recorded in the previous fiscal and above the national average growth rate of 7.4 per cent. The government asserted that rising public and private investments are expected to drive further expansion in the coming years.
The survey highlighted significant improvements in employment indicators. The Labour Force Participation Rate (LFPR) climbed to 64.5 per cent in 2024, compared to 58.1 per cent in 2022, surpassing the national average of 59.6 per cent. Female LFPR also rose sharply to 48.7 per cent, exceeding the national level and signalling stronger gender inclusion in the workforce.
Agriculture and allied sectors contributed 19.6 per cent to the state economy in 2025-26, higher than the national share of 16.8 per cent. The sector grew at 5.3 per cent, well above India’s 3.1 per cent. Foodgrain production reached a record 150.5 lakh metric tonnes in 2024-25, up from 143.04 lakh metric tonnes the previous year. Rice production grew by 2.8 per cent, supported by initiatives such as the Samrudha Krushak Yojana and the CM-Kisan Scheme.
The industry sector accounted for 41.3 per cent of Gross State Value Added (GSVA), amounting to approximately Rs 3.6 lakh crore, and grew by 6.4 per cent at constant prices. Manufacturing is projected to expand by 8.3 per cent, exceeding the national average of 7 per cent. Meanwhile, the services sector contributed 39.1 per cent of GSVA and is expected to grow by 9.3 per cent in 2025-26.