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Odisha's NSDP Soars 13%, CM Majhi Hails Inclusive Growth in Economic Survey

Chief Minister Mohan Charan Majhi highlighted Odisha's economic progress as outlined in the national Economic Survey, which shows the state's NSDP growing at 13.04% to an estimated Rs 7.90 lakh crore. He emphasized the rise in per capita income and the state's strength in agriculture, ranking among the top three sunflower producers. The CM also noted deepening financial inclusion with bank deposits reaching Rs 5.83 lakh crore. He reaffirmed the government's commitment to translating this growth into higher incomes and improved opportunities for all citizens.

Key Points: Odisha's NSDP Growth Hits 13%, CM Majhi Highlights Progress

  • NSDP grows 13% to Rs 7.90 lakh crore
  • Per capita NSDP reaches Rs 1.68 lakh
  • Odisha among top 3 sunflower producers
  • Bank deposits rise to Rs 5.83 lakh crore
  • Fiscal strength enables sustained investment
2 min read

CM highlights Odisha's rising NSDP, inclusive growth after Economic Survey release

Odisha's NSDP rises to Rs 7.90 lakh crore with 13.04% growth. CM Majhi cites strong agriculture, fiscal health & inclusive development.

"Progress in education and poverty reduction further reflects our commitment to inclusive development. - CM Mohan Charan Majhi"

Bhubaneswar, Jan 30

Odisha Chief Minister Mohan Charan Majhi on Thursday hailed the Economic Survey of India presented in the Lok Sabha, stating that the latest survey reaffirms the state's steady progress towards inclusive and sustainable growth.

Taking to his X handle, CM Majhi wrote, "The Economic Survey of India (2025-26) reaffirms the steady progress #Odisha is making towards inclusive and sustainable growth."

He also expressed satisfaction over the data shared by the Economic Survey (2025-26), which revealed that Odisha's Net State Domestic Product (NSDP) has increased from Rs 6.99 lakh crore in 2023-24 to an estimated Rs 7.90 lakh crore in 2024-25, with growth accelerating to 13.04 per cent. He also indicated towards the per capita NSDP that has reached Rs 1,68,966, reflecting rising incomes and improved living standards for the people of Odisha.

Highlighting the progress made in the Agriculture sector as reported in the survey, the Chief Minister stated, "Agriculture continues to be a key pillar of our development strategy, with Odisha ranking among the top three sunflower-producing states in the country. Financial inclusion is deepening across the State, as bank deposits have risen to Rs 5.83 lakh crore, strengthening savings and investment."

The Chief Minister further added that the fiscal position of Odisha remains strong, enabling sustained investment in infrastructure, education, and social welfare.

"Progress in education and poverty reduction further reflects our commitment to inclusive development. Our government remains firmly committed to translating this growth into higher incomes, quality employment, and improved opportunities for every Odia," noted CM Majhi.

Notably, Union Finance Minister Nirmala Sitharaman on Thursday presented the Economic Survey 2026 in Parliament, outlining how the country's economy continues to perform strongly despite global uncertainties and the impact of US tariffs.

The Survey has raised India's potential growth rate to 7.0 per cent, up from 6.5 per cent three years ago, as "sustained domestic reforms and public investment are lifting the economy's underlying growth capacity" despite the global headwinds.

- IANS

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Reader Comments

P
Priya S
Good to see the numbers, but we need to see this growth on the ground. Are farmers in Koraput or Kalahandi actually getting better prices? Financial inclusion is more than just bank deposits. The government must ensure benefits reach the last mile.
R
Rohit P
Top three in sunflower production! That's our Odisha pride. 🎉 The per capita income increase is a positive sign. Hope the infrastructure push continues, especially better roads in the western districts.
S
Sarah B
As someone who has worked in development here, the data on poverty reduction and education is what matters most. Sustainable growth must be inclusive. Kudos if the survey reflects real improvement in HDI indicators.
V
Vikram M
Strong fiscal position is key. It means the state can invest in health and education without taking on too much debt. Hope they use this strength to improve the quality of government schools and hospitals.
K
Karthik V
The growth figures are promising, but let's not forget the challenges. Industrial growth outside of the mineral belt? Skill development for youth? The survey is a snapshot, the real test is consistent, equitable development for all 30 districts.

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