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.

Stay up to date on all the latest Odisha news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp