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Positive Reforms For Industry

Odisha has emerged as a preferred investment destination for industries, from within India and across the Globe, said Chief Secretary Aditya Prasad Padhi while addressing the Investors’ Meet held here today.

 
Speaking about why this eastern State of the Indian Union has become so significant for attracting investments, Mr.Padhi said it has been ranked by ASSOCHEM as number one state in investment implementation rate and it has consistently ranked amongst the top three states in terms of live manufacturing investments in India.
 
“Odisha experienced a 16.5 Percent year-on-year growth in live investments during 2016-17, compared to just 4.6Percent growth in India during that period”, he said. 
 
To ensure hassle-free business environment to investors, the State machinery has taken significant steps in terms of policy and institutional reforms, he said. “The common thread in these policies is the intent of the State Government to broad base the industrial growth and accord focused attention to identified manufacturing sectors, to realize the “Vision 2025” laid out in the Odisha Industrial Development Plan”, he said adding that the overall focus has been to incentivize value addition, encourage innovation and ensure sustainable development through these policies. 
 
Informing the captains of the industry attending the meet about institutional mechanism the State has developed  to facilitate ease of doing business, Mr.Padhi said the State Level Single Window Clearance Authority and the State Level Facilitation Cell have emerged as strong and effective setups to smooth the progress of enterprises. 
 
The approval time for projects has been reduced to less than 20 days due to institutional reforms and enhanced interdepartmental coordination, he said adding that timelines for delivering G2B services have not only been radically reduced but also included under the Odisha Right to Public Services Act.  
 
Speaking about technological reforms which have helped in reducing the physical B2G interface, Mr.Padhi told about introduction of a first of its kind and innovative ‘GO SWIFT’ - Government of Odisha Single Window Investor Facilitation and Tracking portal and  several other technological interventions. “Odisha has been categorized as an “Achiever” towards facilitating Ease of Doing Business by leveraging technology”, he said. 
 
Elaborating on the development of human capital, he said the State has launched the “Skilled in Odisha” program which is emerging as a global brand. 
 
Odisha also provides a welcoming experience to the investors and expats living here. Propelled by continued reforms in public service delivery, enhanced citizen amenities and a vision for excellence, a recent global survey has ranked Bhubaneswar among the ‘Top 50 Smart City Governments in the world’. Bhubaneswar was also ranked No. 1 in the Smart City Challenge conducted by the Government of India in 2016, he pointed out.
 


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