Viksit Odisha / Odisha clears 63 industrial proposals to boost investment, jobs

Bhubaneswar, Nov 5: Odisha government on Thursday approved 63 industrial proposals, including 55 applications for land allotment and eight related to Micro, Small and Medium Enterprises (MSMEs), in a move expected to facilitate fresh investments and create employment opportunities across the State, officials said.

The proposals were cleared at a meeting of the Land Allotment Committee (LAC) on Thursday, chaired by Usha Padhee, Additional Chief Secretary, Housing and Urban Development Department, and Chairperson of IDCO.

Push for Industrial Growth

The approvals are expected to pave the way for new industrial ventures and expansion of existing enterprises across Odisha. The move is also part of the State government's efforts to attract investment, strengthen industrial infrastructure and generate employment.

Officials said regular and timely clearance of land allotment proposals would help investors move ahead with their projects without unnecessary delays.

IDCO Steps Up Efforts to Speed Up Land Allotment

IDCO has taken several steps to simplify the land allotment process and improve coordination among departments involved in industrial development.

Under the revised mechanism, Land Allotment Committee meetings are held every month to ensure investment proposals receive timely consideration. IDCO has also introduced a weekly grievance redressal mechanism for investors and entrepreneurs to address issues concerning land allotment and project implementation.

These measures are aimed at reducing procedural delays, improving transparency and making it easier for investors to set up businesses in the State.
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MSMEs in Focus

The clearance of eight MSME-related proposals highlights the government's focus on supporting smaller enterprises, which play an important role in economic growth and employment generation.

Access to industrial land and supporting infrastructure is expected to help these enterprises establish new units, expand operations and improve their business prospects.

The Land Allotment Committee is responsible for examining and clearing land-related proposals for industrial and enterprise development. Officials said the regular meetings and dedicated grievance redressal mechanism would help make the investment facilitation process more responsive and investor friendly.