Page 48 - Odisha

Odisha's growth betters national average at 7.94%

The growth rate in Odisha's economy has reached 7.94 per cent in 2016-17, higher than the pan-India rate of 7.1 per cent projected for this fiscal by the central government's statistics ministry.The state's growth engine has bounced back from the modest rate of 4.61 per cent registered in 2012-13."Odisha has made impressive achievements in terms of economic growth and poverty reduction. The size of Odisha's economy has increased by 22.27 per cent in real terms (at 2011-12 prices) during the last six years in terms of GSDP (gross state domestic product), achieving an annual growth rate of 6.23 per cent", Odisha Governor S C Jamir said in his address to the legislative assembly on the Budget session's inaugural day.The state government's real per capita income grew from Rs 47632 in 2011-12 to Rs 61678 in 2016-17 at 2011-12 prices. "My government has consistently and continuously strived to achieve a sustainable and inclusive higher economic growth, accelerated overall development, ...

Odisha to revive stalled non-major port projects

Tata Steel Ltd will acquire the majority stake in Creative Port Development Pvt Ltd

Odisha: SEC exempts forest officials from election duty in panchayat polls

Panchayat elections, beginning from Feb 13, would be conducted in 5 phases in the state

Odisha needs Rs 13,500 cr investments in green energy by 2022

The state government has envisaged a renewable energy capacity of 2,750 Mw by 2022

Shapoorji Pallonji Group to buy 51% stake in Gopalpur port from Odisha

This is a major acquisition by the group after the ouster of Mistry as the chairman of Tata Sons

Odisha targets 11 million tonne food grains production in FY17

The food production, was recorded at 6.2 mt last Kharif against target of 10 mt due to drought

Odisha govt notifies terms for doing business with banks

State has finalised 15-point eligibility criteria for banks to handle the operations of state PSUs

Odisha forms inter-ministerial panel to implement investment proposals

State garnered Rs 3.5 lakh cr in investment intentions from its 'Make in Odisha' event last year

Odisha: Deprived of hearse service, man carries dead daughter on shoulder

Man walked around 15 kms carrying his 5-year-old daughter, who died at Palahada CHC in Angul

Prez invites Naveen for lunch; party yet to decide on presidential election

Naveen Patnaik is the President of the BJD that has 28 MPs (20 in Lok Sabha and 8 in Rajya Sabha)

What ails Odisha's investment intentions?

Total investment intentions from the three events is around Rs 3.5 lakh crore

Odisha aims to implement Rs 1.5 lakh investment proposals in 3 years

Govt focus would be more on 'Ease of Doing Business' reforms to translate intentions into actual investments

Odisha's Plan expenditure up 21% to Rs 24,408 cr till November

The uptrend in Plan expenditure is mainly on the back of enhanced spending in agriculture and infrastructure sectors

Odisha discoms aims to prune AT&C loss to 30% by fiscal end

Efforts are being made to replace burnt transformers within 24 hours under different schemes

Odisha to set aside legacy of failed mega projects, tap emerging sectors

Posco and ArcelorMittal that committed more than Rs one lakh crore did not take off

People to be at the core of Odisha's investment strategy: Naveen Patnaik

Instead of focusing solely on attracting investments, the state government is attaching more importance on implementation of investment intentions

Odisha's reforms perk up investors, but implementation woes hang on

Industry captains believe the changed strategy can prove to be a game-changer for Odisha

Adani to invest Rs 5,000 crore in Odisha

Stating that the company anticipated that the new investment would create an additional job for 10,000 people, says Goutam Adani

East coast economic corridor to cover Odisha

The ADB funded project is India's first coastal corridor, covering 1,700 km of the country's coastline

Odisha may miss March 2017 deadline for bauxite supply to Vedanta

Vedanta has been pleading for local bauxite supplies to the state government