Home » State News » Odisha Government will borrow funds to battle against COVID-19.

Odisha Government will borrow funds to battle against COVID-19.

Bhubaneswar: 22/7/20: Odisha Government will borrow funds from Compensatory Afforestation Fund Management and Planning Authority (CAMPA) and Odisha Mineral Bearing Areas Development Corporation (OMBADC) to mobilize more funds during the ongoing battle against COVID-19.Worthwhile to mention that Odisha government has already spent nearly Rs 1912 crore on COVID management.

Chief Secretary Asit Tripathy on Wednesday said the Council of Ministers headed by Chief Minister Naveen Patnaik has decided to borrow more from the CAMPA and OMBADC funds which have sufficient money. The State has already borrowed Rs 1,000 cr from these two funds, he informed.

Further, Tripathy said that the money of different departments has been remaining idle in banks. After the Finance department’s scrutiny the money will be mobilized to deal with the present situation, he added.

 

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.

Leave a Reply

Your email address will not be published.

x

Check Also

Odisha-based electric scooter manufacturing company has bagged India Green Energy Award

Sambalpur:22/10/21: Shema e-vehicle & Solar (SES) Pvt Ltd, an Odisha-based electric scooter manufacturing company has bagged India Green Energy Award. Union Minister for Road Transport and Highways, Nitin Gadkari, presented the ...