top of page

Elucidate the key features of the economic development of odisha during post reform period.


The economic development of Odisha, has undergone significant changes since the implementation of economic reforms in the country in the 1990s. Some key features of the economic development of Odisha during the post-reform period include:


Industrialization: There has been a significant increase in the number of industries in Odisha, particularly in sectors such as manufacturing, mining, and power. For example, the state has attracted major investments from companies such as Tata Steel and Vedanta for the development of steel and aluminum plants.


Infrastructure development: The government of Odisha has invested in improving the state's infrastructure, including roads, ports, and airports. This has helped to facilitate the transportation of goods and people, as well as attract investments in the state.


Agricultural growth: Odisha has a large agricultural sector, and there has been a significant increase in agricultural productivity in the state in recent years. This has been supported by the implementation of various government schemes and initiatives such as the National Food Security Mission and the Rashtriya Krishi Vikas Yojana.


Service sector growth: The service sector has also contributed significantly to the economic development of Odisha in the post-reform period. The state has a thriving tourism industry, with an increasing number of tourists visiting its beaches, temples, and wildlife sanctuaries. Additionally, the growth of the IT sector in the state has also contributed to the development of the service sector.


Poverty reduction: Despite these developments, poverty remains a significant challenge in Odisha, and the government has implemented various poverty reduction programs such as the National Rural Employment Guarantee Scheme and the Indira Awaas Yojana. These programs have helped to reduce poverty and improve the standard of living for many citizens in the state.

 
 
 

Recent Posts

See All

Comments


Top Stories

Bring global news straight to your inbox. Sign up for our weekly newsletter.

Thanks for subscribing!

  • Instagram
  • Facebook
  • Twitter

© 2023 by The  www.opscodia.com  Powered and secured by opscodia

bottom of page