Business Standard

Higher unemployment rate dims Odisha's 8.4% growth halo

Despite the bright spots, Odisha's unemployment rate trumping the all India average points to the structural anomalies



Jayajit Dash Bhubaneswar
An unemployment rate of 7.1 per cent in 2017-18 in Odisha, beating the national average of 6.1 per cent took the gloss off the state's high growth trajectory.

The Econom for 201ic Survey8-19 illustrates Odisha’s Gross State Domestic Product (GSDP) grew by a robust 8.4 per cent last fiscal as per advance estimates, bettering 7.4 per cent logged in 2017-18. The high growth rate was powered largely by industries sector whose share has been consistently rising in the past four years and expected to contribute 39.47 per cent to the Gross State Value Added (GSVA) in 2018-19. The manufacturing growth exhibited

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First Published: Jun 28 2019 | 2:42 PM IST

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