Question

Write an analytical Paragraph on Industrialisation of odisha
Please tell CLASS 10

Answer 1

Answer:

The economy of Odisha is one of the fastest growing economy in India.[5] According to 2014-15 economic survey, Odisha's gross state domestic product (GSDP) was expected to grow at 8.78%.[6] Odisha has an agriculture-based economy which is in transition towards an industry and service-based economy. According to recent estimates, the size of Odisha's economy has increased by 122.27 per cent during the last six years in terms of the gross state domestic product (GSDP).

I think it will help you :)

Answer 2

Answer:

Odisha is one of the most mineral-rich states in India. Key minerals found in the state are iron, coal, bauxite, manganese, nickel, chromite, limestone, dolomite, graphite, decorative stones, beach sand, China clay, tin ore, etc.

Odisha accounts for over 55 per cent of India’s bauxite reserves, making it an ideal location for setting up aluminium and aluminium-based companies. The state ranks first in the country in terms of both production capacity and actual output of aluminium.

Odisha is one of the favoured investment destinations for domestic and international iron and steel players as well as one of the largest producers of iron and steel in India. The total production of iron ore in Odisha was recorded to be 94.2 million tonnes and 49.03 million tonnes during 2016-17 and April-September 2017, respectively.

Between 2011-12 and 2016-17, Gross State Domestic Product (GSDP) expanded at a Compound Annual Growth Rate (CAGR) of 10.70 per cent to US$ 60.6 billion whereas the Net State Domestic Product (NSDP) expanded at a CAGR of 10.7 per cent to US$ 53.5 billion.

Odisha is amongst the top ten states accounting for the highest number of MSME enterprises. The state offers a wide range of fiscal and policy incentives for businesses under the Industrial Policy Resolution, 2015. Additionally, the state has sector-specific policies for IT and micro, small and medium enterprises. The state government has constituted "Team Odisha" to help with investment promotion.

The following are some of the major initiatives taken by the government to promote Odisha as an investment destination:

The Odisha Cabinet has approved the Odisha start-up policy, aimed at setting up at least 1,000 start-ups over the next five years and bringing the state amongst the top three start-up hubs by 2020.

In order to increase the employment opportunities in the state, Odisha government has announced plans to invest US$ 28.69 billion in the manufacturing sector generating nearly three lakh job opportunities by 2020.

In January 2018, the state government has given approval for five investment proposal including two Angul Aluminium Parks worth Rs 328 crore.

Explanation:

hope this will help you and plz Mark me as a branliest.