The farm produce will now be more competitive and attractive for processed food manufacturers and the final product will be a preferred one over imported food product. This proactive move will have a long-term effect towards achieving sustainability goals through natural farming practices too. The GST (Goods & Sales Tax) rationalisation announced recently by GST council of Government of India ...

In his Independence Day speech, Prime Minister Narendra Modi had announced that the “next-generation” GST reforms would be a Deepavali gift to the nation. The Goods and Services Tax (GST) Council on September 3, authorised a new paradigm in the indirect tax regime. There will be fewer rates, and the GST on most items have been reduced. While this has ...

 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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...