Page 2 - Odisha Economy

Odisha government approves industrial projects worth Rs 2,083 crore

The government has approved Indian Oil Corporation Ltd's (IOCL) proposal to set up a 500 KLPD grain-based ethanol plant

Odisha CM grants Rs 352 cr Covid-19 assistance for MGNREGA workers

Chief Minister directed the district administration to create more man-days at the district level and provide employment for the poor

Mega steel plant in Odisha to bring wave of economic development: Pradhan

Pradhan on Friday said the Rs 50,000 crore integrated steel plant in Odisha will bring jobs

Pradhan seeks investment in port development on Odisha coastline

Pradhan on Wednesday urged investors to invest in development of ports in Odisha

Power plants, consumers agree to substitute imported coal with CIL

The development assumes significance in the wake of government''s thrust on reducing coal import dependency of the country under the ''Aatmanirbhar Bharat'' initiative

Odisha registers over 13% growth in SGST collection in July to Rs 794 crore

The negative growth rates of the SGST collection were recorded in April, May and June this year

Ships moved, supplies in place as Odisha braces for cyclone Amphan

Port areas being cleared of personnel, six cyclone shelters with provision for dry rations activated, ambulance made available to meet exigencies.

Odisha to tweak industrial policy, pitch for fresh investments post Covid19

While the state government had drafted a fresh IPR for 2020, the policy statement needs revision to keep in sync with a changed geopolitical and business ambiance post pandemic

Odisha hoteliers ask for tourism marketing plan before lifting lockdown

An announcement of a robust tourism policy laced with incentives can be a major impetus for tourism infrastructure in the state, say hotel guild

Lockdown Effect: How Odisha kept people off the 'Coronavirus' grip

State was the first to announce and extend lockdown. It set up India's first two exclusive Covid hospitals, provided doorstep medical service, made masks mandatory in the war on Covid-19

Odisha start-ups seek relief package from CM to survive Covid-19 impact

The entities have requested the state government to act as guarantor for soft loans or facilitate collateral-free loans

Covid-19: Odisha becomes first state to extend lockdown to April 30

The state, which has had just one casualty among 44 infected, built a state-of-the-art hospital exclusively for Corona patients within a week

Coronavirus lockdown may interrupt operations in 21 mines in Odisha

Although the govt extended the validity of all statutory permits by 2 years for smooth transition, the lockdown is bound to delay the resumption of these mines

Coronavirus: Naveen Patnaik announces Rs 2,200-crore package for welfare

The package will benefit about 1.64 crore people of the states total population of 4.5 crore

Some private hospitals not following coronavirus protocol: Odisha govt

Official sources said at least 10 teams are now engaged to trace all those who might have come in contact with the third COVID-19 patient, a resident of Bhubaneswar

Odisha investments tank 67% by value in FY19, job creation potential halves

Not all investment intents of Make in Odisha 2018 translated into commitments; several projects stuck in 'labyrinth of approvals'

Odisha finance panel pegs fund requirement for local bodies at Rs 50,282 cr

Of the envisaged amount, Rs 29,510.86 crore is expected to flow from the state's internal resources

Odisha's GDP expected to grow at 6.16% in FY20, shows Economic Survey

According to the Odisha Economic Survey, the state's GSDP is growing at average annual growth rate of 7.5%, enabling it to grow at rate faster than national average in 8 years save 2014-15

Nabard pegs 20% hike in Odisha's credit potential, at Rs 90,395 cr

Credit potential in agriculture is 48% of total priority sector. Of this, 93% is estimated under farm credit consisting of crop loans and term loans for agriculture and allied activities

Odisha to again call for auction of 20 mine blocks after tweaking norms

The official reason for the cancellation is 'administrative inconvenience', but government insiders blame it on wrong interpretation by bidders