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Odisha We get our Inox Vedanta now wanted! Odisha is the second best investment destination Auction time is action time Tryst with cyclone Phailin! Financial aid by NABARD MCL to set up Rs 9000 crore power plant POSCO still mired in a million problems ESZ opposed by local leaders In Odisha 'All is well', almost!
 
Odisha is the second best investment destination
IF WE GO by the recent releases of ASSOCHAM, Odisha accounts for about 12 per cent of the total private investment lined up in the country, which makes it the second best destination in attracting private investments after Gujarat.  It says: Odisha has attracted private investments worth Rs 8 lakh crore in the last few years, till December 2012. The state’s total outstanding investment now aggregates to a whopping Rs 11.7 lakh crore. For the untrained eyes that mouth-watering proposition but for the people in the know that’s the Achilles heel of Odisha! Projects are piling up and not materialising into reality for various assorted reasons including problems in land acquisition and getting environmental clearances. Hope, Naveen Patnaik is listening!



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