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Odisha Incentivises Vehicle Scrapping, Approves Policies For Industries & Trade Promotion

By
OB Bureau

Bhubaneswar: The new Registered Vehicle Scrapping Facility Policy-2022 were among the 17 proposals approved by the Odisha cabinet chaired by Chief Minister Naveen Patnaik on Tuesday.

The policy, aimed at reducing vehicular pollution, recommends mandatory scrapping of over 15 years old vehicles at the scrapping centre. The owners will also get incentives to buy new vehicles.

Ahead of the Make in Odisha conclave, where the government hopes to attract over Rs 6 lakh crore investment, the cabinet also gave the go-ahead to Industrial Policy Resolution (IPR) 2022 for the next five years. This policy aims to transform Odisha into an “industrial hub of eastern India”.

Similarly, Odisha Logistics Policy 2022, which would create an integrated logistics system to enhance competitiveness, operational efficiency and sustainability while strengthening the state’s position as a preferred destination for trade and commerce, got the nod.

The policy would also facilitate private sector investment, leading to employment generation in Odisha.

To boost employment and enhance economic growth, the cabinet approved Odisha Apparel and Technical Textiles Policy-2022. It will facilitate ancillary and back-end support to industries, online transfer of incentives to beneficiaries in a transparent manner and include incentives like capital investment subsidy, employment cost subsidy and market development initiatives.

The Export Promotion Policy 2022 to take Odisha to the league of top five exporting states and achieve an export target of Rs 3.5 lakh crore by 2026-27 was also approved. It advocates diversification of Odisha’s export basket by facilitating value addition.

OTHER PROPOSALS 

>> Odisha Tourism Policy 2022 aims at making the tourism and hospitality sector attractive to investors. It will promote sustainable and responsible tourism, and focus on accelerating development in the sector.

>> Assessment of physical fitness for appointment to various  Categories B and C posts.

>> Decision to make DAMaN movie tax free

>> Exams for Junior Stenographer, Junior Typist, Data Entry Operator and Junior clerks

>> Budget of Rs 294.10 crore for post-harvest processing of farmers’ produce to augment their income with better marketing facilities

>> Odisha Civil Aviation Policy 2022 to further improve air connectivity and create a more suitable environment for businesses. The policy applicable for 5 years will unlock untapped potential in the sector and create jobs.

OB Bureau

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