Odisha looking to increase its contribution to national GDP from 3% to 5%: Governor
GS3Economy · S&T · Environment · Security· Growth, inflation & macro indicators· Mains·
Why in news
Odisha Governor Hari Babu Kambhampati outlined a plan to increase the state's contribution to national GDP from 3% to 5% through infrastructure and mineral wealth.
Background
Odisha aims to raise its average annual growth from 7% to 9.5%. The state produced over 61% of India's iron ore in 2024-25 and ranks first in steel and stainless steel production.
Facts for Prelims
- FactOdisha's current contribution to national GDP is 3%.
- FactOdisha produced over 61% of India's iron ore in 2024-25.
- FactOdisha holds the first rank in India for steel and stainless steel production.
- PlaceOdisha: Planned infrastructure includes a new coastal highway and a capital region ring road.
For Mains
Q. Discuss the role of mineral wealth and infrastructure development in driving regional economic growth in India, using Odisha as a case study.
Dimensions to cover in your answer
- Resource-led growth: Leveraging mineral dominance to transition from raw material exporter to industrial hub
- Infrastructure synergy: Connectivity improvements via coastal highways to reduce logistical costs for industrial output
- Security-Development nexus: Impact of anti-Maoist operations on creating a stable environment for capital investment
Keywords: Regional disparity · Mineral wealth · Infrastructure connectivity · Economic fundamentals · Security-led development
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