Monthly plan to access Budget

Journalism of Courage
Advertisement

Odisha govt approves new port policy to attract pvt investment

The approval comes a week before the state is set to host its flagship biennial investment summit, Make in Odisha conclave.

Odisha Chief Minister and BJD chief Naveen Patnaik. (File photo)

The Odisha state cabinet approved a new port policy on Friday. The new policy aims to facilitate private sector investments in maritime sector and the development of ports and port-related industries.

The approval comes a week before the state is set to host its flagship biennial investment summit, Make in Odisha conclave.

According to the policy, a draft of which was accessed by the Indian Express, the OMB will prepare an Odisha maritime perspective plan encompassing the key strengths and challenges in maritime development.

The plan will also study the maritime ecosystem involving ports, hinterland potential, cargo evacuation, port connectivity, environmental enhancement and development of the coastal communities.

Subscriber Only Stories

The policy also promotes other maritime ventures like coastal shipping, promotion of marine tourism, development of multipurpose harbours, introduction of sea-plane connectivity, promotion of facilities and creation of infrastructure for shipbuilding, ship breaking and related activities in the state.

Though the state had formulated a port policy in 2004, chief secretary Suresh Chandra Mahapatra said the existing policy has become outdated and the new one will focus on adoption of latest technology and creating sustainable maritime development along the Odisha coast.

“Because of its strategic location, Odisha presents a vast untapped potential for ports and maritime development. This will act as the gateway for freight and commodities to and from the rich hinterlands,” said the chief secretary.

Advertisement

In June 2021, Odisha was among a few coastal states, which opposed the draft Indian Ports Bill apprehending that the new legislation may dilute powers already vested with the states on the management of non-major ports.

With a vast coastline of 480 kilometres, Odisha has three operational ports at Paradip, Dhamra and Gopalpur. These apart, the state government have identified 12 potential sites for the development of non-major ports in different districts and a riverine port on Mahanadi.

Approval of the new policy is crucial as the state on August 23 constituted the Odisha Maritime Board (OMB), whose primary function is to coordinate activities of non-major ports in the state.

Advertisement

The policy has also proposed to take up the Odisha ports capacity augmentation plan (OPCAP), to help identify and improve the cargo handling capacities of the different ports in the state. In 2021-22, Odisha handled around 160 MTPA of cargo.

The policy also aims to create an ecosystem to improve the supply chain efficiency and augment the generation of cargo by creating land banks around the ports for setting-up logistics infrastructure such as: free trade and warehousing zone, storage facilities, inland container depot and port and jetty infrastructure. A dedicated logistics cell will be established to augment the logistics infrastructure in the state.

The OMB would invite international competitive bidding or sign a memorandum of understanding to attract private investors in the maritime development of the state. Besides, development of the captive jetties would also be encouraged to enhance the total industrial output of the state.

Policy for children

The cabinet also approved policy for children in the state called PRARAMBH. The policy envisions a blueprint which focuses on children’s right to survival, protection, physical health, including mental health, upholding the right to education, participation and other milestones required to achieve their optimal development.

First published on: 18-11-2022 at 21:44 IST
Next Story

DGP orders quarterly inspection of all gun houses in Punjab

Tags:
Home
ePaper
Next Story
close
X