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State economy has improved: Governor

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OST Bureau
Bhubaneswar, Feb 3:

Governor's speech
Governor SC Jamir on Monday said that the state of economy of Odisha has improved over the years.

“While the per capita income in the state has gone up to Rs 26,900 per annum by 2011-12, the poverty rate has come down to 24. 6 per cent”, he said while addressing the last session of the 14th State Assembly.

Stating that the state had recorded an average annual growth of 8.2 per cent during the 11thPlan at 2004-05 prices, the governor said the state government has been able to cut down the net debt from 46.48 per cent of Gross State Domestic Product (GSDP) in 2001-02 to 17.87 per cent of GSDP in 2011-12, thereby achieving the desired level of Debt-GSDP ratio of 25 per cent recommended by the 13th Finance Commission.

Praising the disaster preparedness of the state government, he said the government had taken pre-emptive measures by evacuating around 10 lakh people to safer place before the onset of the devastating cyclone Phailin that had swept the coastal districts in October last year.

Referring to agricultural productivity, he said the state had a total food grain production of 114 lakh metric tonne (LMT) during 2012-13, which is an all-time record.

To boost agricultural productivity, the state government has provided irrigation facilities in 31342 hectares of land by 2012, the governor said.

The governor said that the rate of Maoist menace in Odisha had drastically come down due to frequent combing operations and arrest of top Maoist leaders.

Talking about the reinforcement of the state police forces, he said the more policemen have been posted in 183 vulnerable police stations and outposts in and Maoist-hit districts.

Besides, four special security battalions have been set up in the southern districts to combat the Maoist threat, he added.

“To restore peace in the Maoist-hit areas, the state government has extended its rehabilitation policy for the Maoists, who have returned to the mainstream to lead a normal life”, Jamir said.

In the context of massive chit fund scam in the state, he said the Economic Offences Wing (EOW) of the State Crime Branch is presently investigating into the fraudulent practices of these companies.

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