3 months ago
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Odisha Chief Minister Mohan Charan Majhi connected Saturday launched an ambitious improvement program that brings 8 municipality centres nether the Bhubaneswar-Cuttack-Puri-Paradeep Economic Region (BCPPER), aimed astatine serving arsenic a large maturation motor of Odisha.
The BCPPER, which accounts for 19% of Odisha’s full system and is valued astatine $22.4 billion, is targeted to turn to a level of $500 cardinal by 2047. The economical program has been prepared by NITI Aayog.
BCPPER is dispersed implicit 11,892 quadrate kilometres and has been increasing astatine 10% compounded yearly maturation complaint (CAGR). The projected portion volition beryllium governed by the Economic Region Development Agency. It volition person a G-Hub Crack Unit, Destination Management Office, Project Management Unit and Integrated Command and Control Centre (ICCC).
It has projected to make a peculiar economical portion (SEZ) for education, innovation city, and logistics hub.
“The BCPPER volition beryllium developed arsenic a large maturation hub of the State’s economy. This portion volition besides play a important relation successful the country’s economical growth,” said Mr. Majhi.
“Each metropolis successful this portion has its ain unsocial strengths and peculiar characteristics. Bhubaneswar has borderline successful technology, Cuttack has concern traditions, Puri’s taste practice is good known, and Paradeep is witnessing port-based development. The existent program is to link these regions with modern infrastructure and instrumentality assorted projects successful each area,” said the Odisha CM.
He pointed retired that plans person been made for much than 80 projects successful sectors specified arsenic metallic downstream industries, biotechnology, textiles, chemicals, tourism, education, and IT. Besides, implicit 30 argumentation initiatives volition beryllium undertaken to alteration the full portion into a laboratory of improvement and prosperity, said Mr. Majhi.
Union Budget’s proposal
“In the Union Budget 2026–27, the Central authorities has projected the improvement of City Economic Regions (CERs), and the BCPPER portion has been included successful this initiative. For the improvement of each CER, the Central authorities has earmarked a fiscal allocation of ₹5,000 crore,” helium said.
NITI Aayog CEO B.V.R. Subrahmanyam, portion appreciating the inaugural of the State government, said 70-80% of GDP comes from municipality areas. By 2047, the extremity is to bring much than fractional of the colonisation nether urbanisation.
“After Mumbai, Surat, Visakhapatnam, and Varanasi, this is NITI Aayog’s 5th specified plan. Under the Prime Minister’s guidance, NITI Aayog has besides prepared plans for a developed Odisha,” said Mr. Subrahmanyam. NITI Aayog subordinate Rajiv Gauba said that the BCPPER task volition beryllium to beryllium a cardinal pillar successful transforming Odisha into a developed State.
