Open Access Open Access  Restricted Access Subscription Access

Growth, Equity and Poverty:Trends in Odisha


Affiliations
1 School of Management, KIIT University, Bhubaneswar, Odisha, Pin-751024, India
 

Odisha has been traditionally associated with low Gross Domestic Product (GDP) and Human Development Index (HDI) scores compared to most states of India. However, since 2005 there has a significant turnaround in the States' Domestic Product (SDP), due to private sector participation in industrial activity in a massive way and mining activities. The paper makes an analysis of impact of growth on equity and performance of industries and agricultural productivity. Drawing reference to the higher financial devolution to the states by the 14th Finance Commission, the paper brings out how major social inclusion schemes like the Integrated Child Development Services (ICDS) are getting a short shrift due to sharp reduction in the centre's share to Centrally Sponsored Schemes (CSS). It underscores the importance of providing quality primary education and health care funded by the government and improving agricultural productivity through increased public investment in irrigation projects. Odisha can realize the full potential of its rich mineral resources by making it a preferred destination for key technology transfer and durable partnership with Original Equipment Manufacturers (OEMs) and design houses of the world.

Keywords

GDP, HDI, SDP, ICDS, CSS, OEMs.
User
Notifications
Font Size

  • th Finance Commission Report: Ministry of Finance, Government of India. Retrieved from http://www.finmin.nic.in/14fincomm/14thFinanceCommission.htm
  • Annual Status of Education Report (ASER) 2015. Retrieved from http://www.asercentre.org/Keywords/p/289.html
  • Directorate of Economics & Statistics, Odisha, Planning & Convergence Department, Government of Odisha. Retrieved from http://desOdisha.nic.in/
  • Economic Survey, 2015-2016, Government of India. Retrieved from http://indiabudget.nic.in/survey.asp
  • Government of India, Ministry of Finance. http://www.finmin.nic.in/
  • Hasan, Z. & Hasan, H (2013). India: Social Development Report 2012-Minorities at the margins. India: Oxford University Press, 6th Edition.
  • India Union Budget 2017-18. http://indiabudget.gov.in/
  • KBK districts of Odisha. Retrieved from http://www.kbk.nic.in/
  • Keynes, J.M. (2008). General Theory of Employment, Interest and Money. Atlantic
  • Malhotra, R. (2014). India public policy report 2014: Tackling poverty, hunger and malnutrition. India: Oxford University Press
  • _______(2012). A critical decade: policies for India’s development. New Delhi: Oxford University Press
  • Odisha Economic Survey 2015-16. http://www.odisha.gov.in/pc/ http://www.odisha.gov.in/pc/Download/Economic_Survey_2015-16.pdf
  • Odisha Economic Survey 2016-17. http://www.odisha.gov.in/pc/
  • Smith, A. (1937). The wealth of nations. New York: The Modern Library,
  • Socio Economic & Caste Census (SECC) Report, 2011. Retrieved from http://rural.nic.in/sites/downloads/general/SECC_15JAN.pdf
  • Solow, R.M. (1956). A contribution to the theory of economic growth. The Quarterly Journal of Economics, Vol. 70, No. 1. (Feb., 1956), pp. 65-94. Retrieved from https://www.econ.nyu.edu/user/debraj/Courses/Readings/Solow.pdf
  • Stiglitz, J. E. (2013). The price of inequality.UK: Penguin

Abstract Views: 405

PDF Views: 5




  • Growth, Equity and Poverty:Trends in Odisha

Abstract Views: 405  |  PDF Views: 5

Authors

S. N. Misra
School of Management, KIIT University, Bhubaneswar, Odisha, Pin-751024, India
Sanjaya Kumar Ghadai
School of Management, KIIT University, Bhubaneswar, Odisha, Pin-751024, India

Abstract


Odisha has been traditionally associated with low Gross Domestic Product (GDP) and Human Development Index (HDI) scores compared to most states of India. However, since 2005 there has a significant turnaround in the States' Domestic Product (SDP), due to private sector participation in industrial activity in a massive way and mining activities. The paper makes an analysis of impact of growth on equity and performance of industries and agricultural productivity. Drawing reference to the higher financial devolution to the states by the 14th Finance Commission, the paper brings out how major social inclusion schemes like the Integrated Child Development Services (ICDS) are getting a short shrift due to sharp reduction in the centre's share to Centrally Sponsored Schemes (CSS). It underscores the importance of providing quality primary education and health care funded by the government and improving agricultural productivity through increased public investment in irrigation projects. Odisha can realize the full potential of its rich mineral resources by making it a preferred destination for key technology transfer and durable partnership with Original Equipment Manufacturers (OEMs) and design houses of the world.

Keywords


GDP, HDI, SDP, ICDS, CSS, OEMs.

References





DOI: https://doi.org/10.23862/kiit-parikalpana%2F2017%2Fv13%2Fi1%2F151273