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Odisha Mining Corporation (OMC) paid a dividend of ₹1420 Crore for the Financial Year 2022-23

Bhubaneswar:19/7/23: State-run Odisha Mining Corporation (OMC) paid a dividend of ₹1420 Crore today to the State Government for the Financial Year 2022-23.

Steel, Mines & Works Minister Prafulla Kumar Mallik handed over a cheque of ₹1420 crore to Chief Minister of Odisha Naveen Patnaik.

OMC, one of the largest iron ore producers in the country, recorded a turnover of Rs.14,450 crore in the Financial Year 2022-23.

Having total 18 operational mines, the state-owned Corporation registered a total ore production of 33.76 million tonnes in the Financial Year 2022-23 with 29.68 MT iron ore, 3 MT bauxite and 1.08 MT of chrome ore – registering 14.9% growth over the previous financial year.

OMC has supported the state government in many of its flagship welfare programmes. It has also been contributing substantially towards the socio-economic development of the people especially residing in its mining periphery through its various CSR initiatives.

Present on the occasion were Deoranjan Kumar Singh Additional Chief Secretary, Steel & Mines Department-cum-Chairman, OMC; VK Pandian, Secretary to CM (5T); Balwant Singh, Managing Director, OMC. Also present were Satyajit Mohanty, Director (Finance), Sabyasachi Mohanty, Director (Operations), Alok Kumar Pal Director (HR) and Dr Kshirod Chandra Brahma, Director (P&P) of OMC.

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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