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Entrepreneurial Start-up Issues on Independent Power Produce Indian State of Odisha

Odisha is the second favourite state for industry as it has attracted many Foreign Direct Investments and private sector investments. The total outstanding investment in Odisha worth over Rs 11.8 lakh crore, private sector investments account for over Rs 8.8 lakh crore, thereby registering a share...

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Bibliographic Details
Main Author: Behera, Madhuchhanda
Format: Article
Language:English
Published: 2013
Subjects:
Ipp
Description
Summary:Odisha is the second favourite state for industry as it has attracted many Foreign Direct Investments and private sector investments. The total outstanding investment in Odisha worth over Rs 11.8 lakh crore, private sector investments account for over Rs 8.8 lakh crore, thereby registering a share of about 75% in the overall investment across the state. In order to bring an investor friendly environment, we need several measures so that entrepreneurs can be attracted like: power availability, infrastructure, Environmental Clearances, Government policies, Bank attitude etc. which helps the entrepreneurs to make a proper start-up and grow henceforth. With the achievement of national electricity policy to provide access of electricity to all, shall play an important role in the development of entrepreneurs both in large and SME sector. The fact remains that, the capacity addition in the power sector is not in tandem with the Country's GDP growth resulting shortage of energy & peak demand. Key challenges in coming years are to achieve target generation growth-a basic ingredient for entrepreneurial growth. Odisha perspective: the state was among the few states in the country which...
Physical Description:50 - 59