Page 53 - Odisha

OCPL to invest Rs 1500 cr on coal blocks development

Total reserve of the coal blocks is 531 million tonne.

Odisha lists 12 mineral blocks for auctions

All these blocks are at G3 level & survey work is underway for upgrading them to the G2 level to make them eligible for auctions.

Odisha Traders' Associations call-off strike

Odisha traders stopped import of essential food items from other states to protest against imposition of VAT

Odisha clears Rs 47,569 cr investments in FY16

It aims to re-position itself as an investor friendly state.

Drought shock dims Odisha's growth: Economic Survey

The real growth rate of the state economy has been projected at a limping 6.1% in 2015-16

Odisha Cabinet approves amendment in FRBM Act

The decision would give an additional leeway to the state government to go for higher borrowing for meeting its rising capex

Odisha faces industry body flak for going slow on business ease

The industry chamber suggested the state government that there is enough scope for further simplifying the application format to two pages

Odisha agri Budget to focus on reducing farmers' vulnerability: Naveen Patnaik

The focus of the agriculture Budget, 2016-17, would be on increasing the area under irrigation

Odisha revised dividend payment norms for PSUs

The state govt has decided that a state PSU would pay an annual dividend of 30%.

BJD to step up demand for special category state status

The party is set to step up the demand for special category state status and package to Odisha

Banks in Odisha clock 63% of credit target by Dec

The achievement for the agriculture and allied sectors (direct) is Rs 15,698 cr, which is 60% of the credit target of Rs 26,226 cr for the current financial year

Odisha wants special package to offset loss for central schemes

Centre has discontinued support for 8 schemes, due to which state will suffer Rs 1,854 cr loss