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Government proposes to turn Odisha as a manufacturing hub in 5 years

Fri, 03rd Jun 2016 (Source:The New Indian Express)

Even as some big ticket projects including the proposed steel plant by Posco failed to take off in Odisha, the government today decided to take steps for turning the state into manufacturing hub of Eastern India by the next five years.

  A decision to this effect was taken at a high level meeting presided over by chief minister Naveen Patnaik where he reviewed the performance of Industries department during the last two years. The manufacturing sector at present contributes 16.7 percent of the Gross State Domestic Product (GSDP).

  It was decided that policies for different sectors will be prepared the State to implement Vision-2025. The new start up policy will be implemented by June end while policies on plastic and petrochemicals, health care investment, pharmaceutical, automobile and auto component and textile sectors will be finalised by March, 2017.

  Vision-2025 has set target for investment of `250000 crore and generate 10 lakh employment opportunities in the State. Official sources said 39 projects have been approved in 2015-16 for investment of `48000 crore.

   In a bid to ensure a hassle free investment in Odisha, land bank of one lakh acre has been created. Besides, decision has been taken to set up four new industrial estates and develop infrastructure as a part of ease of doing business in the state.

  The chief minister, who also reviewed the activities of the energy, electronics and information technology departments, directed that all villages should be electrified by 2019. Naveen asked the department to  replace 15000 defunct transformers with new ones and provide electricity to all BPL families during the next four years.

  It was decided that the state government will formulate a business process outsourcing (BPO) during the year. A target has been fixed to set up 10,000 BPO units in rural areas of the state. Besides, four more Software Technology Parks of India (STPIs) will be set up in the state. The proposal to provide internet service 500 police stations was also discussed.

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