Cost of living lowest in Orissa: Report
Wednesday, 16 February 2011, 18:58 IST
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Bhubaneshwar: Cost of living in rural Orissa was one of the lowest in the country even as the state government claimed reduction in poverty by 11.73 between 2004-05 and 2007-08. This was part of the Economic Survey 2010-11 report presented at the state assembly yesterday. "The cost of living in urban Orissa also used to be lower than the rest of India in the past. This is, however, no longer the case," the report said. The rural-urban poverty gap remains larger than all India average. While coastal region registered the sharpest decline of poverty according to 61st round of NSS (national sample survey), the extent of poverty in southern and northern regions is still very high and remains a matter of concern, it said. Pointing out that the state witnessed wide range of regional and social disparities in development, the report said that all regions have not developed uniformly. The analysis presented in the survey 2010-11 clearly brings out that there is perceptible structural change in Orissa's economy. The service sector has become more and more pronounced with its share being 54 per cent of GSDP as per quick estimation of 2009-10. The share of the industrial sector has increased to 28 per cent and that of the agriculture sector has come down to 18 per cent of GSDP in 2009-10.
Source: PTI