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State gov eyes 1.5 lakh crore investment in 3 years

investment proposals

Bhubaneswar: The state government has geared up to expedite investment proposals promised at the Make In Odisha editions in Bhubaneswar and other cities. The government plans to implement investments of Rs 1.5 lakh crore in the next three years and create 30 lakh additional jobs by 2025.

Chief Minister Naveen Patnaik reviewed the Make In Odisha investment proposals at the Secretariat on Monday. He formed an inter-ministerial committee under the Chairmanship of Industries minister Debi Prasad Mishra and a Task Force under the chairmanship of Chief Secretary Aditya Prasad Padhi with Industries secretary Sanjeev Chopra as convener.

The two bodies will conduct monthly reviews and oversee co-ordination between all departments involved in the various investment projects. The CM has insisted on follow up of the proposals upto Rs 70,000 crores in Make In Odisha’s Mumbai edition and Rs 90,000 crore in the Bangalore edition and Rs 2, 35,000 crore investment proposals in Bhubaneswar.

The CM has emphasised on apparel manufacturing industries that had attracted proposals of Rs 600 crores and would create 30,000 jobs. He added that with the state government’s new policies for industrial growth in different sectors, ‘ease of doing business’ should be focused in the state for investors from outer states and countries.

In January, government delegates will hold discussions with interested companies in Calcutta, Mumbai and Bangalore that had taken part in Make In Odisha events to assist them with their projects.

Apart from Debi Prasad Mishra, members of the ministerial committee include Forest and environment minister Bikram Keshari Arukh, MSME minister Jogendra Behera, Steel and Mines minister Prafulla Mallik and Power/IT minister Pranab Prakash Das. The task force has the principal secretaries Steel and Mines, Agriculture, Forest and Environment, Revenue, Fisheries and Animal Resources departments and Development Commissioner R Balakrishnan.

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