Key Sectors

• Under the State Budget 2023-24, Rs. 27,593 crore (US$ 3.31 billion) was allotted to the Education, Sports, Arts, and Culture. Out of which Odisha Adarsh Vidyalaya programme and Mo School Abhiyan has been allocated Rs. 842 crore (US$ 101.08 million) and Rs 805 crore (US$ 96.64 million), respectively
• As of March 2024, Odisha had a total installed power generation capacity of 8,124.91 MW, of which 1,964.21 MW was under the central utilities, 3,840.52 MW (under state utilities) and 2,320.18 MW (under private sector). Of the total installed power generation capacity, 5,291.21 MW was contributed by thermal, 2,163.22 MW by hydro, and 670.48 MW by renewable energy.
• Under the State Budget 2023-24, Rs. 4,906 crore (US$ 588.9 million) was allotted to the Urban development out of which Rs. 996 crore (US$ 119.57 million) has been allocated towards the AMRUT scheme and Rs. 300 crore (US$ 36.01 million) has been allocated towards new city development.
• In State Budget 2023-24, Odisha allocated 7.6% of its total expenditure on health, (higher than the average allocation for health by other states 6.3%), 7.1% on rural development (higher than the average allocation for rural development by other states 5.7%) and 7.7% on roads and bridges (higher than the average allocation by states 4.5%).
• As of July 2022, the state had five operational, five notified and seven formally approved SEZs.
• In 2021-22*, the total production of horticulture crops in the state was expected to be 13,062.98 thousand tonnes and the area under production was 1,463.76 thousand hectares. In 2021-22*, the total production of vegetables and fruits was estimated at 9,523.71 thousand tonnes and 2,782.05 thousand tonnes, respectively.
• In 2021-22, 3,898,770 domestic tourists and 3,153 foreign tourists visited Odisha.
• Odisha’s industries are based mainly on the natural resources available in the state. It carries more than 35% of the country’s natural resources. The state has significant reserves of iron ore, bauxite, nickel, coal, etc. Hence, it is an attractive destination for mineral-based industries. In March 2021, ArcelorMittal-Nippon Steel India and the Odisha government signed a MoU to establish a 12 MT integrated steel plant in the state, with an investment worth Rs. 50,000 crore (US$ 6.88 billion).
• In Union Budget 2021, Odisha allocated 6.4% of its total expenditure on health, (higher than the average allocation for health by other states (5.5%), 7.5% on rural development (higher than the average allocation for rural development by other states (6.1%) and 7.8% on roads and bridges (higher than the average allocation by states (4.3%).
• In the Maritime India Summit 2021, the government announced to establish Odisha as the hub of maritime trade.

Note: *-Excluding fuel minerals, atomic minerals and minor minerals, ^- Until February month of that particular fiscal year, As per first advance estimates