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Petroleum Minister meets Odisha CM

 

Newdelhi;18/8/17:            A meeting was held between the Chief Minister of Odisha, Shri Naveen Patnaik and Minister of State (I/C) for Petroleum & Natural Gas, Shri Dharmendra Pradhan today in Odisha Bhawan in New Delhi.  In the meeting various options available to reach an amicable settlement of the present tax-dispute between Indian Oil Corporation Limited (IOCL) and Government of Odisha were discussed. The Secretary, Ministry of Petroleum & Natural Gas, the Chairman, IOCL, The Chief Secretary, Government of Odisha and the Development Commissioner, Odisha were also present in the meeting.

 

Minister of State (I/C) for Petroleum and Natural Gas, Shri Dharmendra Pradhan was of the view that though the State had extended the tax concession in 2004, there was a necessity of finding an amicable solution to the present impasse keeping in view the fiscal health of the State and commercial interest of IOCL.  He emphasized on the need for finding a middle path, wherein both IOCL and the State Government can work out a mutual acceptable solution by climbing down from their stated positions.

 

Shri Pradhan was of the opinion that it was important for the State Government to incentivize the expansion plans of IOCL to create petrochemical and downstream industries in the State.  Over a period of time, it will enable the State to increase its revenue and also create additional employment avenues for the youth of the State.  This will lay foundation of a new industrial ecosystem, facilitating industrialization and fiscal consolidation.  This is in keeping with the vision of Hon’ble Prime Minister to provide adequate resources for development and industrialization of Eastern India, including Odisha.

 

It was agreed that the Officers of the Ministry of Petroleum & Natural Gas, IOCL and the State Government will deliberate various issues and work out an acceptable solution at the earliest.

 

 

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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