Orissa is Poor State, So Why?

Question

I Sri Manoj Kumar Rath, I sean this Orissa,So question that, Please Answeered me, did not answeered my ID

Answer 1

Orissa has abundant natural resources and a large coastline. It contains a fifth of India's coal, a quarter of its iron ore, a third of its bauxite reserves and most of the chromite. Rourkela Steel Plant[1] was the first integrated steel plant in the Public Sector in India. It receives unprecedented investments in steel, aluminium, power, refineries and ports. India's topmost IT consulting firms, including Satyam Computer Services, TCS (Tata Consultancy Services), MindTree Consulting, Hexaware Technologies, PricewaterhouseCoopers and Infosys have large branches in Orissa. IBM, Syntel, Bosch and Wipro are setting up development centers in Orissa. So far, two of the S&P CNX 500 conglomerates have corporate offices in Orissa viz. National Aluminium (2005 gross income Rs.51,162 million) and Tata Sponge Iron (2005 gross income Rs.2,044 million).

Orissa is notable as one of the first Indian states to have tackled its structural problems during the post 1994 Indian economic reforms. Orissa was the first state in India to begin to privatise its electricity transmission and distribution businesses. Over the period between 1994 and 2000 Orissa's former state electricity board (SEB) was restructured to form Gridco. This corporation was then divided into Transco and a collection of distribution companies. Attempts were then made to sell the distribution companies to the private sector. Like many other states, in 1996 Orissa was losing over 50% of the electricity it was delivered. The scale and importance of these reforms is notable and an important milestone in India's dramatic economic development.


Performance of Indian states in providing basic social services like education, healthcare, etc., in 2001. Darker states have done better.Recently the number of companies who have signed Memoranda of Understanding (MoUs) to set up steel plants in the state has gone up to 50, including Posco of South Korea which has agreed to construct a mammoth $12 billion steel plant near Paradip port. It would be the largest single investment in India's history. Arcelor-Mittal has also announced plans to invest in another mega steel project amounting to $10 billion. Russian major Magnitogorsk Iron and Steel Company (MMK) plans to set up a 10 MT steel plant in Orissa too. The state is attracting an unprecedented amount of investment in aluminum, coal-based power plants, petrochemicals, and information technology as well. In power generation, Reliance Industries (Anil Ambani Group) is putting up the world's largest power plant with an investment of US $13 billion at Hirma in Jharsuguda district. Vedanta Resources’ 1.4 million tonne alumina project in Kalahandi district is the largest investment in aluminium. Vedanta has also announced a $ 3.2 billion dollar huge private University project on the lines of the Ivy League Universities, which is unprecedented in the history of education in India.

The Central Government has agreed to accord SEZ (Special Economic Zone) status to eight sites in Orissa among which are Infocity at Bhubaneswar and Paradip.


[edit] Infrastructure development
Although Paradip is Orissa's only large port, the coastal towns of Dhamra and Gopalpur are being developed into major ports as well. The government of India has selected the coastal region of Orissa, stretching from Paradip in the north to Gopalpur in the south to be developed as one of the five or six Special Economic Regions (SERs) of the country. The government of India and the state government of Orissa would work together to erect world class infrastructure in this region along the lines of the Rotterdam, Houston, and Pudong regions. This would stimulate further private investment in petrochemicals, steel, and manufacturing. A recent Morgan Stanley report forecasts that Orissa would be flooded with massive investments for manufacturing related activities in the same manner that Bangalore had attracted software investment in the 1990s. The scale of the investments in Orissa would, however be much higher. As of July 2006, the total planned investment in the state is a whopping $90 billion. This includes some investment in research, education, hospitals, roads, ports, airports, and hotels. There are many multi-state irrigation projects in development, including Godavari River Basin Irrigation Projects.
so i donot think it ios a pooor state

Answer 2

I was born and brought up in orissa.If any one says orissa is backword I immediately oppose.Once on our engineering student tour one of the accompanying profesor told that orissa is backword,just when we entered by train, orissa.I asked him if he has visited any city,studied its culture,collected any statistics on any parameters of progress.He was taken aback.Then I told him because politicians in
orissa are not fighting for progres the state is not able to get due recognition.After Sri.Harekrishna mehtab and Senior patnaik(
Nehru's close friend) there were no good leaders.Now a days there is some movement and very soon it will grow.
When elections were held in 1950's one political party misguided the people for votes sake, they told that power from the water is removed At HIRAKUD DAM and so the down stream water is powerless and unfit for agriculture.!They won the elections!Leadership is what any state requires We have bad leaders today in all states.So the country is not moving as fast as it could.

Answer 3

Orissa is infact a wealthy state finished of minerals and has super great element approximately having a impressive coastline yet nevertheless that is poor that's in fact via a million. Over exploitation of human components and a pair of. below exploitation of organic components Politicians / Bureaucrats r no longer involved in extending actual reward to the poor hundreds and the Mine Mafia is getting richer every day ( of course after sharing the dues with P & B, as reported above ) and government coffers and human beings's wallet stay ever empty.........

Answer 4

I don't think that status of Orissa State is bad, poor or undeveloped compared to 10-15 years back. Lot of investment has been put up there so infrastructure for various sectors is coming up fast.

Answer 5

I dont think why Poverty reduction in the state has been the highest in the country. (24.6%).Per capita income has increased from Rs 14,862 to Rs 25,415 .Able to increase tax revenue by 17.43 percent and non-tax revenue receipt by 10.40 percent.Rapid growth rate of GDP I.e. 8.1%.The economy of Odisha is one the fastest growing state economies in India(8.68%).Transferring towards industry and service based economy., Odisha is also one of the top FDI destinations in India i.e. 53,000 crore (US$8.33 billion)

Answer 6

Its not poor ...the ratio is more pooor