Odisha

Odisha Selected for Infrastructure Strategy Study by Govt of India and World Bank

Bhubaneswar: Odisha has been identified as one of the four states, alongside Gujarat, Madhya Pradesh, and Meghalaya, for a collaborative study by the Government of India and the World Bank on infrastructure strategy and recommendations for increasing private investment. The initiative aims to boost public-private partnerships (PPP) and strengthen the state’s infrastructure development.

On September 24, 2024, a five-member World Bank team, consisting of senior PPP specialists and advisors, attended a meeting chaired by Anu Garg, Development Commissioner-cum-Additional Chief Secretary, at Loka Seva Bhawan. The meeting was attended by secretaries from key infrastructure departments and officials from the Directorate of PPP and Finance Department, who provided insights on areas where private sector participation could be advantageous for the state.

Garg briefed the delegation about the state’s revamped PPP policy, the institutional framework for project appraisals, and recent initiatives aimed at fostering private sector involvement across various sectors, including social services. She emphasized the significance of Odisha’s Vision 2036, which is central to the state’s national and global recognition. “The growing aspirations of the state make Vision 2036 a crucial element for multifaceted development,” she stated.

The World Bank team’s visit focused on identifying the factors behind the success of past and existing PPP projects, along with addressing the challenges encountered. This analysis will help them share best practices from Odisha with other states and global partners. The team also expressed interest in providing technical advisory services for future projects, should the need arise.

Bureau The News Hashtag

Recent Posts

GCF Delegation Visits Odisha to Assess Climate Resilience Efforts in Coastal Communities

Bhubaneswar/Ganjam: A delegation from the Green Climate Fund (GCF) visited Odisha’s Ganjam district to review…

5 minutes ago

Kandhamal Police Unearth Hidden Maoist Dump, Recover Weapons and Detonators

Bhubaneswar: Security forces recovered a cache of concealed arms, ammunition and explosive materials believed to…

14 minutes ago

Odisha Charts Plan for World-Class Tourist Destinations Under ‘One State–One Global Destination’

Bhubaneswar: Odisha has initiated efforts to position its tourism destinations on the global map, with…

1 hour ago

Bhubaneswar to Get Four New Town Planning Schemes Under Odisha’s ‘SAMRUDHA SAHAR’ Initiative

Bhubaneswar, June 17: Expanding its roadmap for planned urban growth, the Bhubaneswar Development Authority (BDA)…

3 hours ago

Odisha Rolls Out Heritage Property Promotion Guidelines to Revive Historic Buildings Through Tourism

Bhubaneswar: Seeking to preserve Odisha’s fading architectural heritage while creating new economic opportunities, the state…

1 day ago

Odisha Police Steps Up Vigil Ahead of NEET-UG 2026

Bhubaneswar: Odisha Police has put in place extensive security and surveillance measures ahead of the…

1 day ago