Odisha Allocates Rs 2,000 Cr for Disaster-Resilient Infrastructure
ECONOMY & POLICY

Odisha Allocates Rs 2,000 Cr for Disaster-Resilient Infrastructure

The state of Odisha in India has recently announced plans to spend Rs 2,000 crore towards building disaster-resilient infrastructure. With a focus on augmenting the region's infrastructure, the funding will provide a crucial boost to enhance resilience against natural calamities.

Recognizing the vulnerability of the state to various disasters such as cyclones, floods, and earthquakes, the government of Odisha aims to make significant strides in preventing and minimizing the impact of such events. The investment will be utilized to create robust infrastructure that can better withstand and recover from these disasters, ensuring greater safety and reduced damage.

The development initiatives under this funding include the enhancement of existing infrastructure in the coastal areas, which are particularly prone to cyclones and floods. Efforts will be made to fortify roads, bridges, and other vital assets, making them more resilient to extreme weather conditions. Additionally, plans to improve communication systems and early warning mechanisms will help communities better prepare and respond to emergencies.

The funding will also support the construction of cyclone shelters, which serve as temporary evacuation centers during severe storms. These shelters will be equipped with essential facilities and supplies to accommodate affected communities, ensuring their safety and well-being during disasters.

Moreover, the allocation will contribute towards creating sustainable drainage systems and flood management infrastructure. The state will focus on implementing comprehensive measures to tackle the recurring issue of flooding and mitigate its impact on vulnerable regions.

The government of Odisha aims to leverage this investment to accelerate the overall economic development and growth of the state. By building disaster-resilient infrastructure, the region will become more attractive for investments, fostering industrialization and urbanization. Furthermore, the enhanced infrastructure will facilitate smoother transportation and connectivity, promoting trade and tourism in the area.

This initiative aligns with the government's commitment to improving disaster management and preparedness. By investing in disaster-resilience, Odisha seeks to minimize loss of life, reduce damage to property, and ensure a quicker recovery period following catastrophes.

In conclusion, the allocation of Rs 2,000 crore towards disaster-resilient infrastructure reflects Odisha's determination to enhance its development and safeguard its citizens from potential calamities. This investment will strengthen the state's resilience while simultaneously promoting economic growth and overall well-being.

The state of Odisha in India has recently announced plans to spend Rs 2,000 crore towards building disaster-resilient infrastructure. With a focus on augmenting the region's infrastructure, the funding will provide a crucial boost to enhance resilience against natural calamities. Recognizing the vulnerability of the state to various disasters such as cyclones, floods, and earthquakes, the government of Odisha aims to make significant strides in preventing and minimizing the impact of such events. The investment will be utilized to create robust infrastructure that can better withstand and recover from these disasters, ensuring greater safety and reduced damage. The development initiatives under this funding include the enhancement of existing infrastructure in the coastal areas, which are particularly prone to cyclones and floods. Efforts will be made to fortify roads, bridges, and other vital assets, making them more resilient to extreme weather conditions. Additionally, plans to improve communication systems and early warning mechanisms will help communities better prepare and respond to emergencies. The funding will also support the construction of cyclone shelters, which serve as temporary evacuation centers during severe storms. These shelters will be equipped with essential facilities and supplies to accommodate affected communities, ensuring their safety and well-being during disasters. Moreover, the allocation will contribute towards creating sustainable drainage systems and flood management infrastructure. The state will focus on implementing comprehensive measures to tackle the recurring issue of flooding and mitigate its impact on vulnerable regions. The government of Odisha aims to leverage this investment to accelerate the overall economic development and growth of the state. By building disaster-resilient infrastructure, the region will become more attractive for investments, fostering industrialization and urbanization. Furthermore, the enhanced infrastructure will facilitate smoother transportation and connectivity, promoting trade and tourism in the area. This initiative aligns with the government's commitment to improving disaster management and preparedness. By investing in disaster-resilience, Odisha seeks to minimize loss of life, reduce damage to property, and ensure a quicker recovery period following catastrophes. In conclusion, the allocation of Rs 2,000 crore towards disaster-resilient infrastructure reflects Odisha's determination to enhance its development and safeguard its citizens from potential calamities. This investment will strengthen the state's resilience while simultaneously promoting economic growth and overall well-being.

Next Story
Infrastructure Urban

Karnataka Seeks Rs.5,000 Crore World Bank Aid for Disaster Resilience

To strengthen Bengaluru's status as a global IT-BT hub while addressing its vulnerability to natural disasters, the Karnataka government has sought Rs.50 billion in financial assistance from the World Bank under a proposal called the Disaster Resilience Initiative. Of this, Rs.35 billion is earmarked for Bengaluru, with the remaining Rs.15 bilion allocated for disaster-prone cities like Belagavi and Mangaluru. According to government officials, Rs.25 billion will go to the Bruhat Bengaluru Mahanagara Palike (BBMP) for modernising the city’s stormwater drains, which have been neglected for t..

Next Story
Building Material

JSW Group and POSCO to Establish Greenfield Steel Plant in Keonjhar

Odisha Chief Minister Mohan Charan Majhi announced that JSW Group, in collaboration with South Korean steel giant POSCO, will set up a greenfield steel facility in his home district of Keonjhar. This development follows speculation regarding the location of the joint venture. During his two-day visit to Keonjhar to celebrate Diwali, Majhi disclosed that discussions about the steel plant took place during roadshows for the upcoming Make-in-Odisha conclave held in Delhi and Mumbai. He confirmed that the two companies have signed a Memorandum of Understanding (MoU) to establish the plant, which w..

Next Story
Infrastructure Energy

Coal India Eyes Dividend Return

Coal India Ltd. (CIL) is optimistic about rejoining the list of dividend-paying companies, primarily due to a notable improvement in the performance of its subsidiary, Eastern Coalfields Ltd. (ECL). ECL’s operational efficiency and financial performance have seen considerable progress, contributing positively to CIL’s overall profitability. After missing its dividend payout last year—a rarity given its history as a reliable dividend stock—CIL is working to restore shareholder confidence through enhanced production targets and cost-cutting measures. ECL's focused strategy on boosting pr..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000