Odisha's GDP expected to grow at 6.16% in FY20, shows Economic Survey

According to the Odisha Economic Survey, the state's GSDP is growing at average annual growth rate of 7.5%, enabling it to grow at rate faster than national average in 8 years save 2014-15

Odisha's Gross State Domestic Product (GSDP) is projected to grow to 6.16 per cent in FY20, against 7.9 per cent in FY19, according to the advance estimates of the Odisha Economic Survey. Lower agricultural production due to catastrophic cyclonic storm Fani and deceleration in mining and manufacturing are expected to pull down the state's economic growth.

Over the past few years, Odisha's economy has been on a roller coaster ride. After a dip in growth in FY15, as mining and manufacturing contracted, Odisha's growth recovered in FY16 to eight per cent and then soared to 15.6 per cent in 2016-17