The Union Budget 2025 has brought substantial allocations for Odisha’s infrastructure development, fisheries sector, MSMEs, and renewable energy initiatives. With a strategic focus on economic growth and fiscal consolidation, Finance Minister Nirmala Sitharaman has introduced measures that will significantly impact the state’s progress. Major Railway and Highway Development for Odisha Odisha is set to witness…
The Odisha government has set an ambitious target of constructing 15,000 km of roads every year, aiming to develop 75,000 km of road infrastructure over the next five years. Public Works Minister Prithviraj Harichandan outlined the plan following a departmental review meeting on Friday. A comprehensive policy on road infrastructure improvement is in the works,…
The Odisha government has given the green light for the construction of an elevated approach and exit road on the Master Canteen side of Bhubaneswar Railway Station. This initiative is a key component of the station’s redevelopment under the Indian Railways’ Amrit Station Scheme, aimed at modernizing passenger amenities and streamlining traffic flow. As part…
Bhubaneswar is set for a major infrastructure overhaul as the Odisha government announced a ₹7,000 crore investment to tackle traffic congestion, expand roads, and improve connectivity in the state capital. The decision was made during a high-level review meeting chaired by Chief Minister Mohan Charan Majhi at Lok Seva Bhavan on Friday. Key Infrastructure Projects…
Odisha Chief Minister Mohan Charan Majhi has hailed the Union Budget 2025-26, particularly the provision for “zero income tax” up to ₹12 lakh per annum, calling it a “visionary step” that will empower citizens and bolster the economy. Expressing gratitude to Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman, Majhi stated that the move…
Finance Minister Nirmala Sitharaman, in her record eighth Budget presentation on February 1, 2025, announced a ₹10,000 crore Fund of Funds to support startups and deep-tech innovation. The budget also focused on strengthening India’s position in artificial intelligence (AI), deep tech, and innovation, with investments in AI Centers of Excellence (CoEs) and expanded credit support…
Finance Minister Nirmala Sitharaman, in her record eighth Budget presentation on February 1, 2025, introduced an additional ₹10,000 crore allocation to the Fund of Funds for Startups. The move is aimed at addressing funding challenges, fostering entrepreneurial growth, and reinforcing India’s position as a global startup hub. Here’s how industry leaders from the startup ecosystem…
The Economic Survey 2024-25, tabled in Parliament on January 31, 2025, by Finance Minister Nirmala Sitharaman, outlines India’s economic trajectory, highlighting growth prospects, sectoral performance, and policy priorities for the upcoming fiscal year. Economic Growth Projections India’s economy is projected to expand by 6.6% in 2025, driven by robust private consumption and investment. The Economic…
Odisha is accelerating its efforts to become a leading global destination for tourism, particularly in the areas of MICE (Meetings, Incentives, Conferences, and Exhibitions) and wedding tourism. At the Utkarsh Odisha – Make in Odisha Conclave 2025 held on Wednesday, the state secured investment commitments totaling ₹8,155 crore, paving the way for luxury hotels, resorts,…
Avaada Group, a key player in renewable energy and green hydrogen, has joined forces with Switzerland-based Casale to develop a 1,500 tons per day (TPD) green ammonia plant in Gopalpur, Odisha. The facility will be entirely powered by renewable energy, marking a major step in India’s push toward sustainable industrial development and Net Zero goals,…
