Odisha approves investments worth over Rs 2,250 cr to create employment

Odisha government approved 11 investment proposals worth Rs 2,253.15 crore on Thursday, for expeditious economic growth and the creation of new employment opportunities.

Naveen Patnaik, Odisha
Odisha Chief Minister Naveen Patnaik
ANI General News
1 min read Last Updated : Aug 05 2022 | 6:35 AM IST

Odisha government approved 11 investment proposals worth Rs 2253.15 crore on Thursday, for expeditious economic growth and the creation of new employment opportunities.

The industrialization investment proposals were cleared by the State Level Single Window Clearance Authority headed by Chief Secretary Suresh Chandra Mahapatra.

"Giving a nod to the project proposals, Chief Secretary Mahapatra directed concerned departments to provide proactive facilitation to the approved units for their early grounding", said an official statement.

As per the press note "The proposals approved in the meeting were from various sectors like aluminium downstream, steel, food processing and Dairy products, infrastructure, oil and gas, information technology, electronic system designing and manufacturing, Warehousing cum Logistic Park etc."

The projects envisaged direct employment opportunities for 5,162 persons. Principal Secretary Industry Hemant Kumar Sharma said, "As most of the proposals are from downstream and manufacturing, the units will boost economic activities in their respective areas through the generation of many indirect employment opportunities".

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Odisha Employment

First Published: Aug 05 2022 | 6:35 AM IST

Next Story