62 investment proposals to be cleared by March

The State Government has set a target to give clearance to 62 investment proposals through single window committee by March-end.

Published: 07th March 2017 04:01 AM  |   Last Updated: 07th March 2017 07:23 AM   |  A+A-

By Express News Service

BHUBANESWAR: The State Government has set a target to give clearance to 62 investment proposals through single window committee by March-end.


A decision to this effect was taken at the first inter-Ministerial task force meeting presided by Industries Minister Debi Prasad Mishra on Monday.


Mishra said steps are being taken to implement investment proposals worth `1.5 lakh crore in next three years. The State had received proposal worth `70,959 crore for 14 projects in the investors meet at Mumbai, `90,670 crore in Bengaluru meet for 26 projects and `2,03,235 crore for 84 projects in Bhubaneswar Make-In-Odisha conclave.


The single window committee has already cleared 36 proposals while two proposals have been referred to Health and Family Welfare Department for its assessment. The projects cleared so far will have investment of `36,984 crore with employment potential for 51,493 persons.


The projects cleared so far include nine in food processing sector, six in petro-chemicals, chemicals and plastics sector, three in infrastructure and other allied sectors and six in tourism. 


Mishra said 19 more project proposals will be considered in the committee’s next meeting. The projects have investment proposal of `1,30,575 crore in metals and minerals, petro-chemicals, health, industrial park, food processing, textiles, infrastructure and hotel sectors.Steel and Mines Minister Prafulla Kumar Mallik, Energy Minister Pranab Prakash Das, Chief Secretary AP Padhi, Principal Secretary in Industries Department Sanjeev Chopra and senior officials attended.

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