Audit Reports
Odisha
Report of the Comptroller and Auditor General of India on State Finances for the year 2024-25, Government of Odisha Report No. 3 of 2026
Overview
Odisha’s economy recorded a moderate growth (11.40 per cent) in FY 2024-25 compared to previous year. The Gross State Domestic Product (at current prices) grew at a Compound Annual Growth Rate of 13.30 per cent from ₹ 5,40,185 crore in 2020-21 to ₹ 8,90,038 crore in 2024-25. During the year 2024-25, the State recorded a Revenue Surplus of ₹ 22,651 crore (2.54 per cent of GSDP). The Fiscal Deficit of the State was ₹ 25,042 crore (2.81 per cent of GSDP), which was well within the stipulated ceiling of 3 per cent of GSDP. Total liabilities stood at 15.48 per cent of GSDP in 2024-25, significantly below the prescribed limit of 25 per cent. Overall, the State’s fiscal position remained stable with controlled deficits, manageable debt and sustained Revenue Surplus. However, the risk of fiscal stress due to under-realisation of Revenue Receipts, low own-tax mobilisation, poor collection of dividends, long outstanding loans, concentrated short to medium term repayment obligations, etc. could constrain the State’s capacity for developmental and Capital spending, if left unaddressed.
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- ଓଡ଼ିଶା ସରକାର ପ୍ରତିବେଦନ ସଂଖ୍ୟା 3 ବର୍ଷ 2026
- Table of Content and Preface
- Executive Summary
- Overview of Finances of the State
- Budgetary Management
- Financial Reporting Practices
- Appendices