Godabarisha Adarsha Vidyalaya scheme to boost quality education at gram panchayat level Bhubaneswar : The Odisha cabinet approved an outlay of Rs 12,000 crore for setting up 2,200 model schools under the Godabarisha Adarsha Vidyalaya (GAV) scheme. The ambitious project will be implemented over three years, from 2025-26 to 2027-28, with the goal of revamping…
Odisha-born banker to succeed M Rajeshwar Rao, bringing regulatory expertise to central bank’s top team Bhubaneswar : The Narendra Modi government has appointed Shirish Chandra Murmu as Deputy Governor of the Reserve Bank of India (RBI) for a three-year term, officials confirmed. Murmu, a native of Odisha, will succeed M Rajeshwar Rao, whose extended tenure…
Move to benefit thousands of state PSU staff, effective from January 1, 2025 Bhubaneswar : Chief Minister Mohan Charan Majhi has approved a 2% hike in Dearness Allowance (DA) for employees of state-run Public Sector Undertakings (PSUs) in Odisha. With this decision, the DA for PSU employees will rise from 53% to 55%. The order,…
Indigenous telecom rollout to connect over 26,700 villages, including 2,472 in Odisha; Semiconductor park also announced for the state Bhubaneswar : Prime Minister Narendra Modi on Saturday inaugurated Bharat Sanchar Nigam Limited’s (BSNL) ‘Swadeshi’ 4G network from Jharsuguda, Odisha, marking a milestone in India’s march toward digital self-reliance. The launch coincided with BSNL’s silver jubilee…
State eyes chemicals, petrochemicals, semiconductors, and shipbuilding while reinforcing strengths in metals and mining Bhubaneswar : Odisha is preparing for a major transformation of its industrial landscape, with the government prioritising diversification beyond its traditional reliance on metals and mining. Industries and Skill Development & Technical Education Minister Sampad Chandra Swain has outlined an ambitious…
New port in Ganjam to boost trade capacity; shipbuilding cluster planned in Kendrapara with ₹24,700-crore investment Bhubaneswar: Odisha is set to add a new milestone to its maritime journey with the establishment of a greenfield deep-sea port at Bahuda in Ganjam district. The ambitious project, estimated at ₹21,500 crore, is expected to transform the state’s…
E-commerce giant aims to double delivery speed, onboard more sellers, and generate jobs through enhanced logistics network in the state Bhubaneswar : Amazon India has taken a major step to strengthen its footprint in eastern India with the launch of a new fulfilment centre in Odisha. The facility, announced, is expected to more than double…
Weakness in the rupee reflects investor concerns, foreign outflows, and trade uncertainties as India faces punitive U.S. tariffs Bhubaneswar : The Indian rupee fell to an all-time low against the U.S. dollar, continuing its downward trajectory amid mounting pressures from U.S. tariffs and global market uncertainties. The currency closed 0.39% lower at 88.4425, down…
Major Foreign Collaboration in India’s Renewable Energy Sector Bhubaneswar : ACME Group, a leading renewable energy company from India, has joined hands with Japan-based IHI Corporation to establish a large-scale green ammonia project in Odisha. The project, located at Gopalpur, is designed to produce 0.4 million tonnes of green ammonia annually, making it one…
New sanction limits aim to accelerate project approvals, ensure timely bill processing, and boost grassroots governance efficiency Bhubaneswar: In a major move to strengthen grassroots governance and accelerate developmental works, the Odisha Cabinet approved a proposal of the Panchayati Raj and Drinking Water Department to enhance the financial powers of officers for both technical sanction…
