International Journal of Social Science Research (IJSSR)

ECONOMIC GROWTH AND SECTORAL DYNAMICS IN ODISHA: EVIDENCE FROM ODISHA ECONOMIC SURVEY 2025–26

The Present study examines the growth pattern of the economy and the sectoral composition of the economy in the state of Odisha are examined with the help of secondary data collected only from the Odisha Economic Survey 2025-26, published by the Directorate of Economics and Statistics, Government of Odisha. The time period considered for the analysis is from 2011-12 to 2025-26 (Advance Estimate), where the analysis of the Gross State Domestic Product (GSDP) has been made both in terms of current and constant prices (2011-12). The analysis also covers the growth pattern of the Per Capita Income of the Odisha economy along with the structural composition of the Gross State Value Added (GSVA) for the respective time period. The relative contribution of the primary, secondary, and tertiary sectors of the Odisha economy towards the growth of the Gross State Domestic Product (GSDP) has also been examined with the help of descriptive statistics, compound annual growth rate (CAGR), and OLS log-linear regression analysis. The analysis suggests that the secondary sector has the maximum contribution towards the growth of the GSDP (β = 0.418, p < 0.001), followed by the tertiary sector (β = 0.311) and the primary sector (β = 0). The real GSDP of Odisha is estimated to have grown at a CAGR of 6.8% between 2011-12 and 2025-26. The study found that the per capita GSDP in Odisha was estimated to increase to ₹1,22,135 by 2025-26 at constant prices. The study found that there were structural vulnerabilities in Odisha due to its dependence on minerals and an undeveloped services sector.