Orissa's per capita investment under implementation in December 2007 stood at Rs 78,569 crore which was more than three times of the national average of Rs 22,842. This was reported in the latest report of the Centre for Monitoring of the Indian Economy (CMIE), which is considered as the country's leading source for development-related information and statistics.
Orissa also ranked way ahead of neighbouring States such as Jharkhand (ranked fifth at Rs 41,586), Andhra Pradesh (ranked eighth at Rs 21,965),West Bengal (ranked 12th at Rs 17,685) and Chhattisgarh (ranked 14th at Rs 16,960).As per the CMIE report, Haryana was the number one State marginally ahead of Orissa by Rs 149 with per capita investment of Rs 78,710. The top five ranked States were Haryana, Orissa, Himachal Pradesh, Gujarat and Jharkhand.
Based on the investment under implementations, the income and gross domestic product of these five States was likely to grow at the fastest pace in the next few years. As per the CMIE report, the bottom five States were Madhya Pradesh, Uttar Pradesh, Rajasthan, Assam and Bihar. The per capita investment in Bihar was Rs 3,081.
Domestic as well as foreign investors have several large-scale investments on implementation in Orissa across the mineral, tourism, energy, infrastructures and IT sectors. The investment so far has started yielding positive results for the State in terms of direct and indirect employment and increased revenue.
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