The decision in this regard was taken at a cabinet meeting presided over by Chief Minister Naveen Patnaik.
"This is a Constitutional requirement for making recommendation to the Governor for dissolution of the existing Assembly for the formation of a new Assembly," Chief Secretary J K Mohapatra told reporters here today.
The Cabinet also approved a proposal to stand guarantee of the loan to be incurred by the ailing Odisha State Cooperative Marketing Federation (MARKFED) and Aska Sugar Mills as part of its restructuring process.
The MARKFED would get a Rs 30 crore loan from the co-operative bank while Aska Sugar Mills would get Rs 20 crore with the government being the guarantor in both the cases.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


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
