The correct answer is: b) 8-9%
Odisha’s approximate Gross State Domestic Product (GSDP) growth rate target for the current fiscal year is 8-9%. This is based on the state government’s budget estimates for the year 2022-23. The budget estimates also project a growth rate of 10-12% for the next fiscal year, 2023-24.
The state government has set ambitious targets for economic growth in the coming years. The government believes that these targets are achievable, given the state’s strong economic fundamentals. Odisha has a young and growing population, a large and diversified economy, and a favorable investment climate.
The government has taken a number of steps to promote economic growth in the state. These include improving infrastructure, investing in education and healthcare, and promoting entrepreneurship. The government is also working to attract foreign investment into the state.
The government’s efforts to promote economic growth are beginning to bear fruit. The state’s economy has been growing at a healthy rate in recent years. In the fiscal year 2021-22, the state’s GSDP grew by 9.3%. This was the highest growth rate among all the states in India.
The government is confident that the state’s economy will continue to grow at a healthy rate in the coming years. The government is committed to creating an environment that is conducive to economic growth. The government is confident that the state’s economy will reach its full potential in the years to come.
The other options are incorrect because they are not in line with the state government’s budget estimates. Option a) is too low, while option c) and d) are too high.