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

Firms hesitant to set up units; no jobs

Updated: August 7th, 2017, 22:22 IST
in Uncategorized
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Jajpur/Kalinganagar: Call it shortage of encouragement or lack of foresight from state government, various industrial firms are keeping away from establishing plants in Kalinganagar of Jajpur district despite abundance of opportunities, a report said Monday.

As a result, the aim of the state government to provide employment opportunities to the educated youths and creating self-sufficiency has been adversely affected.   

Also Read

Melvin Durai

Be careful what we entrust to robots

8 hours ago
Jacques Attali

BATTLE FOR ATTENTION

8 hours ago

Several youths after undergoing technical training are sitting idle at home due to lack of employment opportunities.

The matter came to the fore after the Orissa Industrial Development Corporation (Idco) cancelled the lease of 12.50 acre land in Kalinganagar Industrial Complex allotted to AVH Pvt Ltd, a coal-tar oil company in Mumbai August 5. 

The lease was cancelled as the company failed to deposit Rs 1.25 crore towards the cost of the land allotted to it for establishment of its oil plant, reports said. The firm had applied for land to establish a plant for manufacturing of ferro-coal tar pitch (binder graded) , coal tar pitch (hard medium), coal tar oil napthelene, cresot oil (heavy) cresot oil (light ) for which Idco had allotted 12.50 acre land.

However, the firm showed no interest in establishing the plant and even did not deposit Rs 1.25 crore towards land rent. The Idco authorities tried to draw the attention of the company’s director and even issued show cause notices to the firm several times.

The chief general manager (land) Susant Kumar Mohanty in a letter (15511, dated-August 5, 2017) finally cancelled the land lease to the firm after it failed to reply to the former’s notice. It is alleged that the company did not set up the plant due to lack of sponsorship from the state government.         

This apart, several other industries such as Newzen Tubes, BMW, Maharashtra Seamless, hotels and modern brick kilns are turning away from establishing their plants in the industrial complex.

Sources said over 27 minor, small and medium industries and two large industries have applied for reimbursement, capital investment and waiver of interest since 2010. However, on the basis of the industrial policy, the state government has provided incentives only to 14 industries while it has cancelled the applications of 13 firms, sources from district industries centre said. 

The industries whose applications were cancelled are Sabitri Industries, Magma Foods, Dhabaleshwar Engineering, KRL Industries, Eastern Garments, Tapon Garments, Netramani Fabrications and Raja Enterprises.

It is alleged that due to various irregularities by the industries department in providing incentives to the industrial firms, they are shying away from establishing plants in the region. The allegations were even raised by MLA Ranendra Pratap Swain as a question (UD-1059) in the state Assembly. PNN

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

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019

Archives

Editorial

Trump Trapped

Donald Trump
April 1, 2026

It is the fifth week running since US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu launched the war...

Read moreDetails

Not Forgetting Myanmar

March 31, 2026

While a big war is being waged in the Middle East, global attention has moved away from another theatre of...

Read moreDetails

Fuel Politics

Fuel Politics
March 30, 2026

Fuel has been a long-time great economic and political tool in the hands of the government in India. It enables...

Read moreDetails

Selective Outrage

Aakar Patel
March 29, 2026

Consider this thought experiment. Imagine that two large missiles struck the White House. The first hit the residential quarters at...

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