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Odisha's Growth Forecast for 2020-21

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posted on 20.05.2020 by Amarendra Das
The lockdown in India is having severe impact on each and every economy and Odisha is no different from
others. Various agencies are providing different growth estimates for the national economies that ranges
from a positive growth of four percent to a contraction of output by around five percent. There are very
few agencies that provide growth forecast for the subnational economies. In this paper, I provide growth
estimates for Odisha, an Indian state in eastern part, for the year 2020-21. Our estimation shows a drastic
contraction of output for Odisha in 2020-21 to the extent of 15.6 to 20.7 percent. The first quarter of
2020-21 will have the maximum contraction. Odisha may see positive growth of output only in the third
quarter and in subsequent period. Except agriculture and allied activities all other sectors will have a
contraction in the output

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Declaration of conflicts of interest

No

Corresponding author email

amarendra@niser.ac.in

Lead author country

India

Lead author job role

Higher Education Researcher

Lead author institution

School of Humanities and Social Sciences, National Institute of Science Education and Research, Bhubaneswar-752050, Odisha, Homi Bhabha National Institute Anushaktinagar, Mumbai - 400094, India.

Human Participants

No

Ethics statement

There are no conflicts of interest

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