Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

51 industries mortgaged govt lands, availed loans to the tune of Rs 6989.395 crore

Post News Network
Updated: January 29th, 2022, 16:21 IST
in Metro, Top Stories
0
Representational Photo

Representational Photo

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Bhubaneswar: To promote industrialisation, the state government had allocated lands to several industries in Odisha. However, as many as 51 industries have utilised the lands otherwise and availed loans to the tune of Rs 6989.395 crore by mortgaging the provided lands, a report said.

According to a state Revenue and Disaster Management department source, the high-value lands are in possession of the industry owners for years. On the other hand, around 1,170 acres of government land have been lying unused in 14 districts, the official source added.

Also Read

Dumping yard

Pollution Control Board faces heat over dumping yard

1 hour ago
Road accident

Odisha launches ‘Zero Fatality Fortnight’

1 hour ago

Over the last 10 years, the 1,170 acres of land were provided to private owners on lease at designated estates to set up electronics and IT industries. The government has neither taken steps for return of the unused lands nor has initiated legal actions against the lessees.

Also read: Mayor posts reserved for women candidates in BMC, BeMC; unreserved in CMC

The state government had provided 36,851.1036 acres of land to 410 industrial units in 14 districts including Bargarh, Dhenkanal, Cuttack, Gajapati, Kalahandi, Kandhamal, Keonjhar, Koraput, Nayagarh, Nuapada, Subarnapur, Rayagada, Balasore and Mayurbhanj, of which 1,170.596 acres have been lying unused at the industrial estates.

As many as 2,851.900 acres of land were accorded to some industrial units in Cuttack, of which 494.380 acres still remain unused. Similarly, 554.94 acres in Dhenkanal, 32.40 acres in Kalahandi, 32.98 acres in Balasore and 182.64 acres in Mayurbhanj remain unused so far.

It is known that, nearly 397.310 acres of lease-hold land have been mortgaged against already availed loan of Rs 6989.395 crore. The government is in tight corners as regards to return of the lands.

Moreover, in the last ten years, the state government has provided 1,160.6129 acres of land on lease basis to 48 various industrial units in Rasulgarh, Chandaka, Chandaka SEZ, Mancheswar, Infovalley, Infovalley-2 IT Park, Infovalley-2 EMC Park, Infocity and Angaragadia estates to set up electronics, IT and Electronics System Design and Manufacturing (ESDM) industries, as part of its promotion drive.

At present, 16 such industrial units alone are full-fledged functional.

On being contacted, Minister of State for Electronics and Information Technology Tusharkanti Behera said, “As per norms of IDCO, show-cause notices have been issued to industrial units which have not used the leased out lands for the purpose for which those were taken. Land allocations have been nullified and legal actions initiated.”

PNN

Tags: 51 industriesavailed loanselectronicsgovt landsIDCOIndustrialisationIT industrieslease holdersmortgagedOdishapromote
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019

Archives

Editorial

Bihar Show

Bihar poll
November 17, 2025

Recent election results from Bihar Legislative Assembly could be counted as great pointers for the emergence, in the near future,...

Read moreDetails

Downward Drift

November 16, 2025

Aakar Patel Some years ago, NITI Aayog said it would prepare a ‘single, informative dashboard for all the twenty-nine (later...

Read moreDetails

Power Play

Dilip Cherian
November 15, 2025

By Dilip Cherian Sudhansh Pant’s abrupt move from Rajasthan’s highest babu kursi to a central posting has triggered an immediate...

Read moreDetails

Hear Indigenous Voices

Eileen Mairena Cunningham
November 14, 2025

Eileen Mairena Cunningham When indigenous peoples are mentioned in the context of climate change, my mind immediately goes to images...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST