Odisha government approves investment proposals of Rs 45K crore and pledges jobs

At the 36th meeting of the High-Level Clearance Authority (HLCA), which was presided over by Odisha Chief Minister Mohan Charan Majhi, the Odisha government authorised twelve major industrial projects. According to a press statement from CMO, the state government approved a total investment of Rs 39,271.50 crore, which is anticipated to provide job opportunities for 17,098 people across a variety of sectors.

In the upcoming five years, CM Manjhi aimed to bring in industrial investments of Rs 2.5 lakh crores. However, 90 percent of the annual target has already been met in the first 100 days of the new government, meaning that investments totalling Rs. 44,682.92 Cr have already been approved, creating employment opportunities for 36,462 people. This includes the proposals approved today as well as those approved in the July State Level Single Window Authority meeting, according to the release.

Numerous industries are represented among the approved projects: ESDM, Steel, Metal Downstream, Chemical, Cement, Green Ammonia, Rubber/Plastics. Situated in eight districts, namely Khurdha, Dhenkanal, Jagatsinghpur, Cuttack, Sambalpur, Ganjam, Balasore, and Keonjhar, these projects have the potential to augment Odisha’s manufacturing proficiencies and make a substantial contribution to the state’s economic growth.

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