CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How much did Odisha government invest in leveraging its ports?
A
Rs.2, 000 crore
B
Rs.1, 281.80 crore
C
Rs.2, 901.20 crore
D
Rs.3, 000 crore
Explanation: 

Detailed explanation-1: -In March 2021, ArcelorMittal-Nippon Steel India and the Odisha government inked an MoU to build a 12 MT integrated steel mill with a INR 50,000 crore investment. Odisha contributed around 25 % of total major mineral produced in the country.

Detailed explanation-2: -Astaranga Port Government of Odisha has signed Concession Agreement with Navayuga Engineering Company Limited for development a port at Astaranga on 22.11.

Detailed explanation-3: -The Make-in-Odisha conclave 2022 was held from November 30 to December 4 bolstering innovation and expansion in the state’s start-up ecosystem with an aim to maximize investment and opportunities for startups.

Detailed explanation-4: -Industry. The primary industries in Odisha are manufacturing; mining and quarrying; electricity, gas and water supply and construction. The industrial sector’s contribution to the state’s GSDP was estimated at 33.45% in 2014–15. Most of Odisha’s industries are mineral-based.

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