The Make in Odisha conclave offers a unique opportunity to the investors to test the business worthiness of the state. Chief minister Naveen Patnaik has been focusing on such events as they help showcase the best of Odisha not only in the area of industry but also several other fields.  This is good business and its success is also bound ...

Ministry of Food Processing Industries (MoFPI) is implementing a Central Sector scheme- PRADHAN MANTRI KISAN SAMPADA YOJANA (PMKSY) for overall growth and development of food processing sector including augmenting the preservation and processing capacity in the sector with off farm employment generation across the country. Total investment leveraged through implementation of the componentschemes of PMKSY over the past three years ...

The 20th High Level Clearance Authority (HLCA) meeting held under the Chairmanship of Hon’ble Chief Minister, Shri Naveen Patnaik in newly inaugurated Kharavel Bhavan conference hall on 19th August, 2019, has approved five investment proposals envisaging investment of Rs. 2,04,069 Crore. With the 5T initiative devised by the Odisha Govt.,where transformation goals will be achieved through teamwork, transparency and technology ...

The Union Cabinet, chaired by the Prime Minister Narendra Modi has approved the banning of Unregulated Deposit Schemes Bill, 2019.  It will replace the banning of Unregulated Deposit Schemes Ordinance, 2019. The banning of Unregulated Deposit Schemes Bill, 2019 will replace the Ordinance promulgated on 21st February, 2019, which will otherwise cease to operate after six weeks after reassembly of Parliament. ...

The Government is constantly taking various initiatives to boost investment in the economy, including economically backward area, which, inter-alia, include; measures to improve ease of doing business, comprehensive reforms in the Foreign Direct Investment (FDI) Policy, various facilitation measures under the flagship programmes like Make-in-India, Start-up India, reduced Corporate Tax rate of 25 per cent for companies with turnover up ...

  Odisha is backed by a stable Government, Proactive leadership and host of team activities to make a conducive business climate. It has always endeavored to provide a hassle-free business environment to investors. To ensure this environment, a number of reforms have been carried out in Odisha. Dr. Sukanta Mishra, a reputed Management Consultant, has made the SWOT analysis of ...

Minister of State for Planning (IC) and Chemicals & Fertilizers, Shri Rao Inderjit Singh, in a written reply to a question on current status of implementation of Petroleum, Chemical and Petrochemical Investment Regions (PCPIRs) projects in India, in Lok Sabha today, informed that as per Detailed Project Reports (DPRs), the projected investment on full realization of PCPIRs is Rs. 7.63 lakh ...

India’s Foreign Trade: March 2018  India’s foreign Trade for April –March 2017-18 Merchandise (P) Services* (P) Merchandise + Services (P) Values in USD billions %Growth Values in USD billions %Growth Values in USD billions Exports 302.84 9.78 175.31 17.63 478.15 Import 459.67 19.59 105.65 19.74 565.32 Trade Balance -156.83 44.54 69.66 14.56 -87.17 Source: DGCI&S for Merchandise; for Services RBI ...

A 19-point Action Plan for Startups was launched in January 2016. The Action plan covers areas of Simplification and Handholding, Funding Support & Incentives and Industry-Academia partnership and incubation. Department of Industrial Policy & Promotion, Ministry of Commerce & Industry is the nodal Ministry for successful implementation of the Action Plan. Recognition of Startups Modification of definition of Startups in ...

Integration of MSME sector with Global Value Chains requires the sector to focus more on innovation, be it product innovation or process innovation. For that to happen, steady supply of skilled human capital needs to be ensured to drive the experiments with new ideas. Besides to make the integration effective, availability of World Class infrastructure backed by State of Art ...