#Odisha’s total debt touched Rs 84,676 crore as of Dec 2019, economic growth expected to grow at 6.16%

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Bhubaneswar: Odisha’s per capita loan burden touched Rs 18,497.58 as the State incurred a total debt of Rs 84,676 crore as of December 2019; by the end of current financial year the total debt will touch Rs 1,06,526 crore, informs Finance Minister Niranjan Pujari.

Odisha’s Gross State Domestic Product (GSDP) growth rate dips! As per Economic Survey Report 2020-21, economic growth expected to grow at 6.16% as against 7.9% in 2018-19 (1st RE) due to lower Agri production & deceleration in mining & manufacturing.

The Economic Survey 2019-20 reveals the GSDP growth rate in 2018-19 at 7.9% against 8.4% projected in the 2018-19 (AE). The growth rate is only a tad higher than 7.4% growth rate in 2017-18.

Per-capita income of #Odisha in 2019-20 (AE) projected growth rate of 6.75% still lower than national avg of 6.84%; expected to reach Rs 1,01,587 in 2019-20 up from Rs 95,164 in 2018-19 against estimated per capita national income of Rs 1,35,050 compared to Rs 1,26,406 in 2018-19 .

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