Economic Survey 2000-2001 (Orissa)

Abstract

From Chapt. 1: This economic review of Orissa 2000-01 presents an account of the State’s efforts in the pursuit of transformation of its economy and the progress achieved in this regard. The recurrent natural calamities like the cyclone, drought, flood coupled with the persistent resource (Constraint have been the major inhibiting factors for the growth and revival of the economy Orissa, despite being a land of the exquisite art, craft, architecture and rich cultural and maritime heritage, has been wading through unending poverty and unemployment. The State’s economy is characterised by low per-capita income, low capital formulation, inadequate exploitation of plentiful natural resources and inadequate development of socio-economic infrastructure. However, the State is in the process of building up a sound socio-economic infrastructure for self sustaining economic growth with equity by way of adoption of new economic reforms and reorientation of district administration through successive Five Year Plans.