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Promoting Investment should be reckoned as national duty: Chief Secretary

Promoting Investment should be reckoned as national duty: Chief Secretary

cooltext1268540044Bhubaneswar, 21/12 ( Odisha Samachar/Abhisek Mohanty ) : The eventful second day of the Invest Bhubaneswar 4th Odisha Symposium was opened by Chief Secretary Mr. Jugal Kishore Mohapatra here at Hotel Crown on Saturday. It also brought the Aspiring Entrepreneurs and Investors on the same table.   

Inaugurating the occasion, Mr. Mohapatra spoke on the current policies of the state. “Policy paralysis is everywhere which somehow slows down investment process, but we have to overcome it. Promoting investment should be reckoned as national duty in order to ensure financial growth of the state”, he said.1

He appreciated the steps taken by the organisers of Invest Bhubaneswar to set Agriculture as one of the focus sectors this year. “As Odisha is an agro based state, the promotion of Agro and Food processing sector will benefit the farmers in return as they will share a part of the prosperity”, he added.

“The cabinet has approved the new ICT policy yesterday. The policy is dynamic and takes care of the lot of contextuality that has come up in the last 10 years. The new policy is farsighted taking the next five to ten years into consideration” he further added. He appreciated the initiatives of Invest Bhubaneswar to focus on a very relevant subject like Electronic Semiconductor Design and Manufacturing (ESDM).

Members of Invest Bhubaneswar Mr. Debasish Patnaik and Mr. Ayaskanta Mohanty welcomed the guests and delegates of the day.

The first technical session of the day was on Electronic Semiconductor Design and Manufacturing (ESDM) which was chaired and moderated by IT Department Secretary Mr. Madhusudan Padhi.

Speaking on the occasion, Vice President, Indian Semiconductor Association (ISA) Mr. Venkatesh Muruthappan threw light on the need of getting into the sector as it is the high time to produce our own products in order to cut down expenditure on imports. Mr. Arindam Bhattacharyya enlightened the audience about the various new technologies coming up in the present day context and how we can cope up with the market.

In the titled ‘Policy Frame Work’ DGM, Industrial Promotion & Investment Corporation of Odisha (IPICOL) Mr. S. K. Kar put forward a presentation showing the current industrial scenario of the state. “Odisha is endowed with abundance of natural resources like land, water and minerals. Odisha has left behind states like Madhya Pradesh and Gujarat in attracting investments in the year 2013, ranking us number one in the race.”

The second technical session was on ‘Agro and Food Processing’. The session was chaired by Horticulture Director Mr. Sanjeev Chadda who Mr. Sanjeev Chadda who stated some salient features of the new agricultural policy and said that the future of farmers in Odisha is bright considering the various subsidies provided by the government for some specific agronomical practices.

The three daylong event of Invest Bhubaneswar – Odisha Symposium is going to be concluded on Sunday (22/12/2013). It is scheduled to have a plenary session on Incubation, Startup and Innovation with special motivational talks by Mr. Akash Gautam, Mr. Arindam Dutta and Mr. Anil Khatod followed by the valedictory function.

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