Odisha Investment

I view eastern states as the country's growth engine, says PM Modi

Prime Minister Narendra Modi asserted on Sunday that his government considers India's eastern region as the country's growth engine, while the area was considered backward earlier. Addressing a gathering at the "Odisha Parba" event here, the prime minister said investments of Rs 45,000 crore have been approved within 100 days of the formation of a new government in the state. "Odisha has always been a land of seers and scholars. The way the scholars here took our religious texts to every household and connected the public with those, it has played a crucial role in the cultural prosperity of India. "There was a time when India's eastern region and the states there were called backward. However, I consider India's eastern region as the country's growth engine. That is why we have prioritised the development of India's eastern region," he said. "The budget that we now allocate to Odisha is three times higher than what it was 10 years ago. We are working rapidly in every sector for ..

Odisha CM seeks PM's help for early construction of international airport

Odisha Chief Minister Naveen Patnaik on Thursday sought Prime Minister Narendra Modi's support for the early construction of the proposed international airport at Puri. Speaking at the flagging off of the Puri-Howrah Vande Bharat Express, he urged Modi for two more such trains between Puri and Rourkela, and Bhubaneswar and Hyderabad. "I met the prime minister recently and had a detailed discussion on the proposed Shree Jagannath International Airport at Puri. We will incorporate all the suggestions given by him for making it a world-class seaside airport," Patnaik said, addressing the programme through video conference in the presence of Modi. "With the cooperation and support of the prime minister, this airport will be ready within three-four years. The prime minister will come to 'Shreekhetra' (Puri) to dedicate it to the nation," he added. Patnaik said the state government was developing Puri as an international centre of heritage. "It is the first city in India to have 100 per

Make in Odisha conclave generates investment proposals of Rs 10.5 trillion

Odisha Chief Minister Naveen Patnaik said the Make in Odisha Conclave 2022 had been a great success

Odisha mulls new industrial policy to sweeten sops, take on rival states

New policy to offer exemption on SGST, electricity duty after state eyes top-3 spot in ease of doing business

Odisha third best state in attracting investments: Assocham

Odisha has bagged the third slot after Gujarat and Maharashtra in live investments worth Rs 177 lakh crore drawn by states at the end of FY17 from public and private sources. With over 11 per cent share, Maharashtra led the pack and was followed by Gujarat at 8.5 per cent, says a study by Associated Chambers of Commerce of India (Assocham).The Assocham study titled 'Odisha - Economic Growth & Investment performance analysis: FY 12-17' stated that Odisha had attracted over 900 projects with live investments worth over Rs 13 lakh crore as of FY17. The study was released by Assocham president Sandeep Jajodia along with T K Chand, chairman, National Council on mines & minerals and secretary general D S Rawat.Sector wise, manufacturing sector accounted for highest share of 42.5 per cent in the total live investments attracted by the state as of FY17 followed by electricity (about 31 per cent), non-financial services (about 14 per cent) and mining (nine per cent) that constituted ...