Bhubaneswar, Mar 28 (IANS): Odisha's economy contracted by 5.3 per cent compared to the 7.3 per cent contraction in the national economy during the financial year 2020-21 due to the slowdown, Chief Minister Naveen Patnaik said here on Monday.

While making his statement on the motion of thanks on the Governor's speech in the state Assembly through video conferencing, Patnaik said: "Recovery of the economy from the impact of the pandemic was a huge challenge, and we have met this challenge with resolve and we have been able to successfully reboot our economy."