Bhubaneswar: The state government has put restrictions on the financial powers delegated to Startup Odisha and its officials for smooth functioning of the organisation.
According to official sources, the state government has issued new notification after cancelling instruction/ circular/ guidelines issued by the previous government relating to the delegation of financial power to Startup Odisha.
The MSME Department has issued fresh notification for the smooth functioning of Startup Odisha.
In supersession of any instruction, circular, guideline, notification issues earlier in this regard, the government now delegates revised financial power to Startup Odisha.
The financial power of the Executive Chairman of Startup Odisha is now up to Rs one crore.
Similarly, the financial power of the Board of Directors of Startup Odisha is up to Rs Ten crore, sources said.
Powers have also been fixed for advisors, outsourcing staff, construction work to be undertaken.
Mumbai: Model-turned-actress Saba Azad, who has been dating Bollywood 'Greek God' Hrithik Roshan post his… Read More
Mumbai: Amid backlash and police case over crass jokes and vulgar content on his talent… Read More
Bhubaneswar: In a significant move to strengthen grassroot sports infrastructure, the Odisha government is all… Read More
Bhubaneswar: Despite playing the entire second session with 10 men, Odisha FC managed to hold… Read More
Bhubaneswar: A flight training centre for NCC cadets will be established at the Jharsuguda airport… Read More
Mumbai: Actress-turned-sadhvi Mamta Kulkarni on Monday officially announced her resignation as Mahamandaleshwar of Kinnar Akhada.… Read More
This website uses cookies.
