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ODISHA THE LAND OF OPPORTUNITIES

 A 3600 APPROACH Odisha has become a destination for investors and entrepreneurs from across the globe to create value for all the stakeholders (business, community, working class) by leveraging several advantages that Odisha offers. The state has industry-friendly policies, enabling infrastructure, and ensures swift and agile administration to enriching experience for the industry players. The state has been able to ...

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A commonly available and inexpensive drug, carboplatin, increases cure rate and survival in triple-negative breast cancer, a aggressive type of breast cancer: Study by TMC

The results of the study by the Tata Memorial Centre show that a commonly available and inexpensive drug, carboplatin, increased the cure rate and survival of a very aggressive type of breast cancer, called triple-negative breast cancer, especially among young women who have this disease. Until the results of this study there was no conclusive evidence that this drug should ...

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Make in Odisha Showcases Odisha’s Best

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 ...

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Retail Outlets are set up by Public Sector OMCs at identified locations based on field survey and feasibility studies

The Minister of State for Petroleum and Natural Gas, Shri Rameswar Teli in a written reply to a question in the Lok Sabha today informed that the Retail Outlets (ROs) are set up by Public Sector Oil Marketing Companies (OMCs) at identified locations based on field survey and feasibility studies. Locations having sufficient potential and which are economically viable are ...

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India’s prospective on Blue Economy

Blue Economy is one of the major dimensions of growth. India is having more than 7,500-km-long coastline and its blue economy supports 95% of the country’s business through transportation and contributes an estimated 4% to its Gross Domestic Product. The Blue Economy is the continuous use of ocean resources for economic growth. The concept of the Blue Economy was first introduced ...

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Second wave of COVID-19: Probable impact on Automobile sector

After the 1st wave of COVID-19 last year, the Indian auto Industry strived hard and was in a recovery path. But this time, the damage is anticipated to be severe. The first wave of COVID-19 was started in March 2020 with lot of panic and uncertainty and continued till Sept-Oct 2020. During this prolonged period, almost all economic sectors were ...

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ODISHA: DESTINATION REDIFINED

While the economy of Odisha expanded during the fiscal period 2011 to 2018 by 53 percent, its real per capital income increased by 42 percent to an estimated level of Rs. 92,727 in 2017-18. The improvement in the growth trajectory of the state over the last five years can be attributed to several development initiatives and prudent macro and micro ...

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The contribution of MSMEs in Employment generation and GDP growth of India

During last five years, a total of 1,98,736 MSME units were set up and started production with a total investment of Rs. 109.75 crore and employment generation of 6.28 lakh persons in Odisha. Food and Allied sectors follow the Repairing services in terms of units, investment and employment generation. The Micro, Small and medium enterprises (MSMEs) of India are very ...

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Industries Grow through Better Planning & Execution Not by Creating More Corporations

Recently, it was reported that, the Government of Odisha is planning to set up a ‘Steel Directorate’ to expedite in resolving bottlenecks for development of mining of iron ores, their beneficiation, agglomeration, production of sponge iron and steel etc. The State Government has already got a number of organizations like Directorate of Mines, Industrial Development Corporation (IDC), Orissa Mining Corporation ...

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The Future Lies In Balance

Odisha, known to the outside world only through the stories of hunger and child sale emanating from the drought belt of Kalahandi, is being recognized as an investment destination. Global players in the industry took note of the state with some coming forward to invest. However, co-existence of Environment and Industry can very well be done in Odisha. Industrialization has ...

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