Dikhyaa Mohanty 
The Odisha Economic Survey Report presented in the State Assembly on Thursday said the state’s economy is projected to grow by 7.8 % in real terms during 2022-23 against 7 % at all-India level as per the advance estimates. It added that the services sector which accounted for 24.7 percent of total workforce in 2020-21 was gradually moving towards pre-pandemic levels. Trade, repair, hotels & restaurant accounted for the highest share within the services sector in the state.
Though hotels, restaurant and air transport were affected largely due to COVID-19 induced lockdown, these services subsectors have recovered immensely since then.
In 2022-23, hotels and restaurants grew at 37.1 per cent on top of 62.7 per cent growth in the preceding year, i.e., 2021-22. Similarly, on the back of rapid recovery and strengthening of airport infrastructure in the state, the sub-sector of air transport is expected to grow at 58 per cent in 2022-23 (AE) over the 75.2 per cent growth in 2021-22.
Odisha’s per capita income (2022-23 AE) also rose to ₹150,676 at current prices from ₹1,27383. The report said in the last 7 years, the state has successively reduced the gap between Odisha’s per capita income and per capita income at the all-India level from 31.6 % in 2015-16 to 12 % in 2022-23.
The industrial sector which is the key growth driver of Odisha constituting nearly 41.3 % of GSVA in 2022-23 (AE), clocked a groeth rate of 6.05 % in 2022-23 in real terms. The key growth driver within industry was the manufacturing sector which although grew at 5.2 % in 2022-23, has grown at 9.1 % since 2012-13 on an annual average basis.
The agriculture sector constituting 22.5 % of GSVA in 2022-23 (AE) was estimated to grow at 6 % in 2022-23 in real terms, higher than the growth experienced at the all-India level (3.5 %). Nearly 46.8 per cent of workforce were employed in the agriculture and allied sector.
