Page 97 - Odisha

Odisha gets 28 technical bids for two iron ore blocks

JSPL, Tata Steel, Vedanta, JSW among bidders

State govt approves investments worth Rs 1,770 cr in Odisha

Approved projects have a potential of creating 3,200 additional jobs in the state

Odisha: Curfew imposed in Bhadrak after violence

Violence erupted after a derogatory Facebook post against Lord Ram

Odisha targets 12 million tonne food grains output in FY18

Anticipating good rainfall, the Odisha government has set a target 12.09 million tonne (mt) of food grains production in the ensuing Kharif and Rabi season for 2017-18.For 2016-17 , the state government had set a food grains production target of 11.12 mt. The target, as per the second advance estimate, included 1.6 mt and 9.463 mt production during the Rabi and Kharif seasons respectivelyAs per a government plan, the production target for this fiscal will be covering 6.72 million hectares of land with a yield rate of 1799 kilogram (kg) per hectare.In the cereals bracket, rice production is expected at 9.56 mt with the productivity of 2544 kg per hectare and spreading over of 3.76 million hectares of land. Others in the cereals include 0.983 mt of maize and 0.149 mt of Ragi with a yield of 2892 kg and 903 kg per hectare respectively.Similarly, the output of pulses during the crop season 2017-18 is estimated to be 1.35 mt including 0.23 mt of Arhar and 0.46 mt of Mung . The state ...

46 out of 92 MoU units start production in Odisha

Forty six out of the 92 units that have signed memorandum of understanding (MoU) with the Odisha government, have commenced either partial or full scale production."The industries that have started partial or full operations have invested Rs 2.53 lakh crore, generating employment for 152,398 people in the state", industries minister Debi Prasad Mishra informed the Odisha legislative assembly through a written reply.The operational industries have recruited 101,147 persons from the state and the rest from elsewhere. From 2004, the Odisha government has signed MoUs with 92 companies across sectors like steel, aluminium, cement, thermal power, downstream, auto components and petrochemicals. The combined investment intention by these companies stands at Rs 5.68 lakh crore.Bulk of the investments have flown from the steel sector. With 48 MoUs, steel sector leads the pack of investors. As many as 33 steel units have already started partial or full scale production, investing around Rs 1.3 ..

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