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Odisha Cabinet approves transfer of IDCOL from Industries dept to Steel & Mines

Bhubaneswar:9/6/21:The State Cabinet today approved the transfer of Industrial Development Corporation of Odisha Limited (IDCOL) from Industries Department to Steel and Mines Department.

The Industrial Development Corporation of Odisha Limited (IDCOL), a Government of Odisha Undertaking, was set up in 1962 to promote, establish and manage Industries for initiating industrialization in the State and creation of employment opportunities.

“Since the primary objective of IDCOL has now been shifted towards the Mining sector, the Cabinet have been pleased to approve the proposal for transfer of the subject “Industrial Development Corporation of Odisha Ltd.” from the Industries Department to the Steel and Mines Department by amendment of the Odisha Government Rules of Business,” read a press release.

It has good track record of setting up and managing industries in the State over a period of more than half a century. Keeping its pace with the change of time, IDCOL has been taking steps for restructuring its manpower and business and to consolidate its activities in line with the requirements of the industrial economy.

“The activities of IDCOL are now mostly limited to mining operations with few industrial activities. IDCOL has been operating Limestone mines, Iron ore mines, Manganese mines and chromite mines for the past several years. It is presently focusing on consolidating its core activity of mineral-based industries,” added the release.

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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