• Latest
  • Trending
  • All
  • Sport
  • Cricket
  • Odisha
Odisha Bets Big On Hospitality: Rs 1.5K Cr Scheme To Ready 5500 Acres For Investors

Odisha Bets Big On Hospitality: Rs 1.5K Cr Scheme To Ready 5500 Acres For Investors

1 hour ago
Khan Sir Receives Interim Protection From Arrest

Khan Sir Receives Interim Protection From Arrest

14 minutes ago
From Governance To Welfare: Odisha CM Majhi Hails PM Modi’s ’12 Years Of Seva’

From Governance To Welfare: Odisha CM Majhi Hails PM Modi’s ’12 Years Of Seva’

25 minutes ago
Additional tehsildar suspended in Odisha

3 Odisha Engineers Suspended Over ‘Misconduct & Dereliction Of Duty’ In Bargarh Irrigation Project

38 minutes ago
India Mounts Blistering UN Attack On Pakistan Over Afghan Strikes And Disinformation

India Mounts Blistering UN Attack On Pakistan Over Afghan Strikes And Disinformation

48 minutes ago
Chased Into Bus Terminal: 3 Young Women, Including Minor, Rescued From ‘Trafficking Bid’ In Bhubaneswar

Chased Into Bus Terminal: 3 Young Women, Including Minor, Rescued From ‘Trafficking Bid’ In Bhubaneswar

1 hour ago
Latest Odisha Breaking News Updates | Tuesday, 09 June 2026

Latest Odisha Breaking News Updates | Tuesday, 09 June 2026

1 hour ago
Indian Diaspora Groups Welcome Court Ruling Striking Down USD 100,000 H1B Visa Fee

Indian Diaspora Groups Welcome Court Ruling Striking Down USD 100,000 H1B Visa Fee

2 hours ago
Trump Booed At Madison Square Garden As Tight Security Surrounds NBA Finals Visit

Trump Booed At Madison Square Garden As Tight Security Surrounds NBA Finals Visit

3 hours ago
India Among Top 5 Military Spenders; Possesses About 190 Nuclear Warheads: SIPRI

India Among Top 5 Military Spenders; Possesses About 190 Nuclear Warheads: SIPRI

4 hours ago
Indian Workers Among Seven Killed In Dubai After Minibus Collides With Stationary Truck

Indian Workers Among Seven Killed In Dubai After Minibus Collides With Stationary Truck

5 hours ago
Odisha Approves Rs 210 Cr Women Workers’ Hostel Project; Check Other Decisions

Odisha Approves Rs 210 Cr Women Workers’ Hostel Project; Check Other Decisions

13 hours ago
Odisha To Create 5500-Acre Tourism Land Bank With Rs 1500 Cr Outlay At Key Locations

Odisha To Create 5500-Acre Tourism Land Bank With Rs 1500 Cr Outlay At Key Locations

14 hours ago
  • Home
  • About us
  • Career
  • Contact
  • Privacy Policy
  • Terms of Usage
Tuesday, June 9, 2026
No Result
View All Result
OdishaBytes
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review
No Result
View All Result
OdishaBytes
No Result
View All Result
Home Odisha

Odisha Bets Big On Hospitality: Rs 1.5K Cr Scheme To Ready 5500 Acres For Investors

by OB Bureau
June 9, 2026
in Odisha, Policy & Politics, Top Headlines
Reading Time: 3 mins read
Odisha Bets Big On Hospitality: Rs 1.5K Cr Scheme To Ready 5500 Acres For Investors
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Bhubaneswar: In a significant push towards economic development and citizen welfare, the Odisha State Cabinet, chaired by Chief Minister Mohan Charan Majhi, on Monday, approved a series of transformative initiatives spanning tourism infrastructure, irrigation, affordable housing, water supply, and urban rejuvenation.

Major Boost for Tourism and Hospitality

ADVERTISEMENT

A flagship decision is the approval of the Land Bank for Hospitality Infrastructure Scheme under the Tourism Department. The initiative will identify and develop approximately 5,500 acres of government and private land across premier destinations including Puri, Konark Sun Temple, Chilika Lake, Dhauli, Hirakud Dam, Satkosia Tiger Reserve, Similipal and Bhitarkanika National Parks, Daringbadi, and several emerging spots like the Buddhist circuit and Talsari.

Announcing the decisions, Chief Secretary Anu Garg highlighted that the scheme aims to create ready-to-invest land parcels for hotels, resorts, eco-tourism projects, wellness retreats, and convention centres.

With an outlay of ₹1,500 crore (₹300 crore annually) over five years from 2026-27 to 2030-31, it is expected to attract large-scale private investment, generate employment, stimulate local economies, and establish Odisha as a leading eco-cultural tourism destination in Asia.

Urban Development and Housing Initiatives

To improve quality of life in the capital, the Cabinet approved the 24×7 water supply project for Bhubaneswar’s new urban zones under BDA’s Town Planning Schemes. Set for completion by April 2028, the ₹112.31 crore initiative will be executed by WATCO on an EPC basis, including five years of operation and maintenance. The project will modernise water infrastructure in emerging urban zones by drawing from the Mahanadi River, deploying extensive pipeline networks, constructing elevated reservoirs, and integrating advanced SCADA automation.

In a landmark move for urban renewal, the government sanctioned the ₹500 crore Waterfront Development Scheme over five years. Implemented by the Housing and Urban Development Department, it will rejuvenate riverfronts and water bodies across cities, focusing on ecological restoration, climate resilience, heritage conservation, tourism promotion, and creation of inclusive, vibrant public spaces.

The Chief Secretary highlighted that the initiative will revitalize river ecosystems, enhance urban livability, and boost tourism and cultural heritage. Additionally, the scheme strengthens climate resilience through advanced flood management while championing social inclusion by providing safe, accessible public spaces for everyone.

Relaxation of Stamp Duty & Registration Fees for EWS Beneficiaries

Additionally, the Cabinet approved a sharp reduction in stamp duty and registration fees for Economically Weaker Section (EWS) beneficiaries of Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 as well as other state-run affordable housing schemes in such areas. Rates will drop sharply from 6-7% to 0.6-0.7%, depending on gender of the owner, providing major financial relief and accelerating affordable housing for urban poor families in line with central government guidelines.

The decision aligns with Union housing ministry guidelines mandating the states to cap such charges below 1% for dwelling units up to 60sqm under PMAY-U 2.0.

Also Read: Odisha Approves Rs 210 Cr Women Workers’ Hostel Project; Check Other Decisions

Irrigation and Water Security Projects
In a major step for agricultural prosperity, the Cabinet approved the Brutang Irrigation Project, the state’s 11th major irrigation initiative. To be implemented in Nayagarh district’s Dasapalla, Nuagaon, Nayagarh, Khandapada, and Odagaon blocks, the ₹194.07 crore project (excluding GST) includes construction of a 552-metre earth dam and saddle spillway near Manjari village, along with a robust distribution network. Expected to be completed in 30 months, it will provide assured irrigation to 23,300 hectares across 309 villages in a drought-prone region, significantly enhancing farm productivity and improving farmers’ livelihoods.
The Cabinet also cleared a new bridge-cum-barrage on the Mahanadi downstream of the old Ayodhya Sagar weir in Sambalpur at a cost of ₹440.33 crore. This 30-month project will strengthen drinking water supply, boost fisheries and local livelihoods, and enhance tourism potential near the Samaleswari Temple.
Share196Tweet123
ADVERTISEMENT
Previous Post

Indian Diaspora Groups Welcome Court Ruling Striking Down USD 100,000 H1B Visa Fee

Next Post

Latest Odisha Breaking News Updates | Tuesday, 09 June 2026

OB Bureau

OB Bureau

Related Posts

From Governance To Welfare: Odisha CM Majhi Hails PM Modi’s ’12 Years Of Seva’

From Governance To Welfare: Odisha CM Majhi Hails PM Modi’s ’12 Years Of Seva’

by OB Bureau
June 9, 2026

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi on Tuesday hailed Prime Minister Narendra Modi’s "12 years of seva" (service), describing...

Additional tehsildar suspended in Odisha

3 Odisha Engineers Suspended Over ‘Misconduct & Dereliction Of Duty’ In Bargarh Irrigation Project

by OB Bureau
June 9, 2026

Bargarh: The Odisha government has placed three senior engineers under immediate suspension following allegations of gross misconduct and dereliction of...

Indian Diaspora Groups Welcome Court Ruling Striking Down USD 100,000 H1B Visa Fee

Indian Diaspora Groups Welcome Court Ruling Striking Down USD 100,000 H1B Visa Fee

by OB Bureau
June 9, 2026

  Washington: Indian diaspora groups welcomed a federal court ruling in Massachusetts that struck down a USD 100,000 fee on...

India Among Top 5 Military Spenders; Possesses About 190 Nuclear Warheads: SIPRI

India Among Top 5 Military Spenders; Possesses About 190 Nuclear Warheads: SIPRI

by OB Bureau
June 9, 2026

Stockholm/New Delhi: India became the world’s fifth-largest military spender in 2025, spending USD 92.1 billion on defence, according to the...

Next Post
Mrunal Thakur Compared To Madhubala By ‘Kalki’ Director, Urged Not To Do ‘Random Stuff’

Mrunal Thakur Compared To Madhubala By 'Kalki' Director, Urged Not To Do 'Random Stuff'

SAI International School SAI International School SAI International School
OdishaBytes

Copyright © 2026 Frontier Media

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact
  • News Feed

Follow Us

No Result
View All Result
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review

Copyright © 2026 Frontier Media