The political attacks come ahead of the 'Make in Odisha Conclave', the flagship biennial investor summit, scheduled to be held from November 11 to November 15 in the state.
"The whole process exhibits event management of the state government. Such an event had taken place in 2016. Only 8 per cent of the total MoUs signed during the conclave have been converted into projects in the last two years," said state BJP General Secretary Bhrugu Baxipatra.
"In the last 18 years, the state government signed many MoUs with companies, but only a few have set up their industries here. Many including Posco have shelved their projects and those who stayed back are either in poor condition or planning to sell their units," said Niranjan Patnaik.
"The Odisha government is spending the money on this programme after duly making budgetary provision. The opposition is intolerant of Odisha's development. Let them tolerate and see what is happening," said Das.
Over 800 industry leaders from the country and abroad are expected to participate in the investor summit.
Top industrialists of the country, including Reliance Industries Chairman Mukesh Ambani, Aditya Birla Group Chairman Kumar Mangalam Birla, Tata Sons Chairman Natarajan Chandrasekaran and Vedanta Group Chairman Anil Agarwal are expected to attend the conclave.
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