Bhubaneswar, Sept. 9 -- Odisha seems to have faltered in giving a booster dose to the growth chip. The CAG report tabled today in State Assembly points to the mismatch between growth in capital expenditure and GSDP growth.

The CAG data shows investment expenditure by the State government sharing a minor proportion of the expenditure pie.

As per the CAG report, the yearly growth in capital expenditure has dropped from a high of 52 per cent growth to minus 13 per cent in 2019-20. Moreover, the report has brought to fore the fact of lower actual capital expenditure vis-a-vis the budgeted figure for a majority of three years (2015-16, 2018-19 and 2019-20).

Also, after a consecutive four-year rise in capital expenditure in the economic serv...