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Odisha CM Launches Rs 1806 Cr Projects, Provides Rs 220 Cr Assistance To SHGs In Balasore

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Odisha CM Launches Rs 1806 Cr Projects, Provides Rs 220 Cr Assistance To SHGs In Balasore

by OB Bureau
December 22, 2022
in Balasore, City
Reading Time: 1 min read
Odisha CM Launches Rs 1806 Cr Projects, Provides Rs 220 Cr Assistance To SHGs In Balasore
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Balasore: Chief Minister Naveen Patnaik launched projects worth Rs 1,806 crore during his visit to Odisha’s Balasore on Thursday. He also gave away Rs 220 crore monetary assistance to 5,600 women self-help groups (SHGs) in the district.

While providing monetary aid under Mission Shakti, he exhorted women to turn entrepreneurs and take this movement to the next level. He further announced that women will be provided Rs 50,000 loan without interest in the next five years under the programme.

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While expressing hope that women will script history in industrial development of the state, the CM stressed ‘one panchayat, one product’. “If each panchayat can produce a specific product, it will facilitate the market and also create a unique identity for each panchayat,” he said.

During the visit, Naveen inaugurated projects worth Rs 374 crores and laid the foundation stone of Rs 1431 crore projects. He also inaugurated a newly constructed railway overbridge at Somnathpur.

The CM said that Balasore is a leading district in almost all fields, including education, literature, industries, agriculture and infrastructure, and the new projects will provide a further push to this trend.

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