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Economic Survey Highlights: The construction sector in Corona is the most affected

Bijaya Laxmi by Bijaya Laxmi
February 21, 2021
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Economic Survey Highlights: The construction sector in Corona is the most affected
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Bhubaneswar: The growth of the Odisha economy in the industrial sector has been hampered by lockdowns and shutdowns for Karona. Various sectors under the industry remain negative in the 2020-21 forecast. The construction sector saw a 10.8 percent decline, while the manufacturing plant saw a 7.80 percent negative growth. However, the state government has taken steps to provide a rebate to the industrial and industrial sectors due to the effects of the Karona epidemic. He has given Rs 104 crore for interest rebates. He has given Rs 24 crore for the contribution of the founder. The government has given Rs 100 crore to the industry in 2020-21 to join the Kovid-16 assistance fund. In addition, Rs 10 crore has been waived for top-up subsidies, Rs 36 crore for state GST refunds and Rs 5.6 crore for industrial enterprises to be given to Eidco for annual maintenance exemptions. Significant progress has been made in poverty alleviation in rural areas of the state. Between 2004-05 and 2010-11, poverty in rural areas of the state fell by 25 percent. In 2009-05, it was 40.7 percent, while in 2010-11, it dropped to 35.7 percent. But in the meantime, poverty in rural areas of the country has dropped by 14 percent. 3,6,212 houses have been constructed under the government scheme in 2019-20 for the development of rural people. Of these, 3,57,918 are under the Prime Minister’s Housing Scheme (Rural), 15,54 are under the Biju Pakka Ghar Yojana, 1,454 are under the Pakka Ghar Yojana (mining), 1,083 are under construction under the Pakka Ghar Yojana and 40 are under the BPGY (Titli). Similarly, by 2020, the state has set up 660,000 tube wells, while 1.16 million tap connections have been provided to families. By the end of the 2019-20 fiscal, the state government has completed the construction of 25,808 houses for the rural poor in the state, the report said.

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