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ଓଡ଼ିଆ | ENGLISH

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Published By : Satya Mohapatra
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State economy expands rapidly while outpacing national financial benchmarks

Odisha is currently witnessing a remarkable financial transformation that is catching the attention of experts nationwide. The state is experiencing robust Odisha economic growth that outshines the national average, bringing significant and tangible financial benefits to its residents.

Recent economic estimates for the 2025-26 financial year reveal a massive leap in the overall state economy size. The Gross State Domestic Product, commonly known as GSDP, at current prices is projected to reach an impressive INR 9.9 lakh crores. This major milestone marks a solid 9.5 percent jump from the previous year's figure of INR 9 lakh crores. When looking at real economic progress, the Odisha GDP growth rate stands at a very strong 7.9 percent. This figure not only beats the state's previous 7.2 percent record from last year, but it also comfortably surpasses the all-India average growth rate of 7.4 percent.

Financial analysts note that every major sector within the region is contributing heavily to this upward trend. Increasing public and private funding, particularly around growing commercial hubs fueled by targeted Bhubaneswar investments, are driving this rapid expansion forward. This steady financial development Odisha is perfectly setting the stage for even more long-term prosperity in the coming years.

Perhaps the most encouraging news for everyday citizens is the sharp and steady rise in individual earnings. The per capita income Odisha has surged by 9.2 percent, now standing at a record INR 1,86,761 for the 2025-26 period. In stark contrast, the national per capita income only grew by 6.9 percent during the same timeframe. Because of this accelerated progress and forward momentum, individual wealth across the region is quickly catching up to national standards.

Overall, this ongoing Odisha financial progress highlights a truly thriving local economy. With record-breaking Odisha GSDP 2025-26 figures and soaring citizen incomes, the state government and private sectors are continuing to build a highly secure, wealthy, and prosperous future for everyone.