Bhubaneswar:8/2/19:Odisha’s economy set to grow at 8.35% in 2018-19, much ahead of the national average of 7.2%. It has registered 8% growth rate for last six years, compared to the national average of 7.1% and is expected to grow in range of 8-8.5% during 2019-20.
Odisha registered sharpest decline in poverty levels in the country, lifting nearly eight million out of poverty and is only state to double farmers’ income in last decade. State Government is all set to reach its target of irrigating 10 lakh hectares of arable land.
The ₹56,921Cr OdishaBudget2019 has major allocations to KALIA for farmers, Madhu Babu Pension Yojana for pensionersBASUDHA for drinking water supply, Parvati Giri Mega Lift Irrigation project, scholarship to ST & SC students and road development programmes. It also lays special focus on healthcare through BijuSwasthyaKalyanYojana, interest subvention to farmers, infrastructure development through programmes likeBijuSetuYojana & Mukhya Mantri Sadak Yojana, electrification & development of rail projects in the state.