Latest news with #SamrudhaSahar
Hans India
2 days ago
- Business
- Hans India
Odisha approves ‘Samrudha Sahar' scheme
Bhubaneswar: The Odisha government on Wednesday approved 'Samrudha Sahar', a new scheme aimed at promoting planned urbanisation and balanced regional development across the State. The State Cabinet meeting, chaired by Chief Minister Mohan Charan Majhi, approved the scheme. The Cabinet has also approved another 12 proposals during the meeting, Chief Secretary Manoj Ahuja said. With a total outlay of Rs 4,879.30 crore, the initiative marks a significant step toward realising Odisha's goal of becoming a developed State by 2036, Ahuja said. The scheme will not only improve infrastructure and urban governance but also create new avenues for employment, private sector investment and industrial expansion, he said. As part of Viksit Odisha 2036 vision, this scheme is designed to transform cities into dynamic growth hubs and engines of economic progress, he said. The scheme comprises two key components: Town Planning Scheme and Cities as Growth Hubs. With an allocation of Rs 4,114 crore, the Town Planning Scheme is expected to significantly enhance land and asset management while promoting sustainable development, Ahuja said. He said the second component, with an investment of Rs 765.30 crore, aims to position urban areas as centres of economic transformation. The Cabinet has also approved a second amendment to the Odisha Semiconductor Manufacturing and Fabless Policy-2023. This amendment introduces a more robust package of incentives and refined provisions, aimed at enhancing the viability and sustainability of semiconductor projects, especially in this capital-intensive and high-technology sector, the Chief Secretary said. He said that the government has also approved a proposal to waive off the fees of about 45,000 boarders of 455 hostels (141 Girls & 314 Boys) in Odisha Adarsha Vidyalayas. The students are paying Rs 2,000 per month for staying in the hostels. Total financial implication for the proposal is Rs 349.20 crore for 5 years (from April 2025 to March 2030), he added. The government has also decided to bifurcate the existing Mayurbhanj Police District and carve out a new police district with headquarters at Rairangpur for effective policing and efficient public service delivery in both these police districts.
Time of India
3 days ago
- Business
- Time of India
Govt approves new scheme to promote planned urbanisation
1 2 Bhubaneswar: The state cabinet approved "Samrudha Sahar", a new scheme of around Rs 4,879 crore, to promote planned urban and regional development as part of the developed Odisha Vision-2036. A govt statement said the landmark initiative, a part of Viksit Odisha 2036 Vision, is designed to transform cities into dynamic growth hubs and engines of economic progress. It will have two components — Town Planning Scheme and Cities as Growth Hubs. The TP Scheme component, with an allocation of Rs 4,114 crore, focuses on assembling and reconstituting land in peri-urban areas to enable planned urban growth. It will facilitate the provision of essential urban infrastructure such as roads, water supply, sewerage systems, and solid waste management. This initiative is expected to significantly enhance land and asset management while promoting sustainable development, it said. While the TP scheme was implemented in Bhubaneswar earlier, the govt plans to replicate the same across urban areas in the state now. Under the Cities as Growth Hubs, with an investment of Rs 765.30 crore, the govt plans to position urban areas as centres of economic transformation. It will support the development of integrated economic clusters, industrial townships, and high-potential urban corridors, the govt statement said. Emphasis will be laid on improving regional mobility, strengthening urban planning institutions, and ensuring convergence with central and state-level schemes through statutory enforcement of Master Plans and Comprehensive Development Plans (CDPs). The "SS" initiative marks a significant step toward realising Odisha's goal of becoming a developed state by 2036. The scheme will not only improve infrastructure and urban governance but also create new avenues for employment, private sector investment, and industrial expansion. As per its vision plan, Odisha aspires to increase its urbanisation level to 40% by 2036 and 60% by 2047 from the current 17%.|
