Jan 28 2019Coal-The significant rise in thermal coal production does support the rising steel production in the country which particularly finds application in Sponge Iron industry However its availability to the steel sector has also been scare as the government continues to prioritize power plants for their supplies
Aug 22 2014Odisha to be biggest beneficiary of royalty revision Mineral-rich Odisha will be the biggest beneficiary of the revision of royalty rates on iron ore and other minerals with its annual collection estimated to go up by 50 27 percent to Rs 4 880 crore
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Mar 14 2018Bhubaneswar The robust tax collections from the mining sector has pushed the overall revenue collection in the state to Rs 31 252 crore uptill February 28 2018 clocking a growth rate of 24% over the same period last fiscal The Odisha mining sector is performing well this fiscal buckling the world trend A collections of Rs 
Jan 09 2019The Commission while complimenting Odisha for reduction in poverty across the State felt that it still had some distance to cover to level with the national standards On the health sector the Chairman said that while Odisha was doing well in IMR and MMR but the ratio of number of doctor to population was well below acceptable level
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Previously a neglected aspect of the Indian Central government Education in Odisha is witnessing a rapid transformation Its capital city Bhubaneswar is emerging as a knowledge hub in India with several new public and private universities including the establishment of an Indian Institute of Technology after five decades of demand Odisha has fared reasonably well in terms of literacy rates
Japanese Steel Production [Next release March 23] Crude Steel and Iron Production announced by worldsteel [Next release February 26] Order Booked of Steel Products by Consuming Sector [Next release March 16] Japanese Steel Imports and Exports [Next release February 28] Inventory of Ordinary Steel Products [Next release February 28] Sales and Inventory at Secondary Steel Dealers
Odisha Mining Corporation - EC Compliance A Gold Category State PSU Odisha Mining Corporation Limited was set up in 1956 as a joint venture between the Govt of India and the Govt of Odisha to harness the mineral wealth of the state In 1961 the company became wholly owned by the Govt of Odisha
The Mining industry in India is a major economic activity which contributes significantly to the economy of India The GDP contribution of the mining industry varies from 2 2% to 2 5% only but going by the GDP of the total industrial sector it contributes around 10% to 11% Even mining done on small scale contributes 6% to the entire cost of mineral production
Bhubaneswar Surge in petroleum prices and slump in demands for iron ore and steel is likely to pull down Odisha's growth rate to 7 14% in 2017-18 from 7 94% in 2016-17 This is what says the state's latest Economic Survey Report The Economic Survey Report 2017-18 tabled in the state assembly on Thursday has however points 
The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world with members in every major steel-producing country worldsteel represents steel producers national and regional steel industry associations and steel research institutes Members represent around 85% of global steel production /br/In other languages steel is acier acero
Highlights Per capita income reached Rs 61 678 in 2016-17 82 lakh poor people moved up from below poverty lines in eight years Bhubaneswar Odisha has registered a gross state domestic product (GSDP) growth rate of 7 94 per cent in 2016-17 against the national average of 7 1 per cent said the Odisha Economic Survey-2016-17 which was placed in the state Assembly on Saturday
Jan 24 2016Types of Iron Ore – Haematite Magnetite Limonite Siderite Distribution of Iron Ore in India – Iron ore in Orissa Jharkhand Chhattisgarh Karnataka other states Types of Iron Ore Haematite Magnetite Limonite Siderite Haematite Reddish best quality 70 per cent metallic content Found in Dharwad and Cuddapah rock systems of the peninsular India 80 per cent of haematite
Manufacturing sector of Odisha From the above table it has been be followed that both Net Value Added per worker(x) and wages per worker (y) are increasing and positively related but the growth rate of Net Value Added per worker is faster than the growth rate of wages per worker According to the efficiency wage theory high wage rate leads to more
May 20 2017GST Council has published GST rate schedule for several goods like several tools different types of metals iron or steel printed books newspapers and other products of the printing industry manuscripts nuclear reactors boilers machinery appliances parts electrical machinery and equipment No rate(0%) schedule for
Aug 22 2014New Delhi Mineral-rich Odisha will be the biggest beneficiary of the revision of royalty rates on iron ore and other minerals with its annual collection estimated to go up by 50 27 per cent to Rs 4 880 crore The rise in annual royalty collection from around Rs 3 250 crore in 2011-12 would help the backward state 
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Odisha has registered a gross state domestic product (GSDP) growth rate of 7 94 per cent in 2016-17 against the national average of 7 1 per cent besides registering a big reduction in the rate of poverty These were stated in the Odisha Economic Survey 2016-17 which was placed in the Assembly by Finance Minister Pradip Kumar Amat on Saturday
The iron and steel industries are among the most important industries in India During 2014 through 2016 India was the third largest producer of raw steel and the largest producer of sponge iron in the world The industry produced 82 68 million tons of total finished steel and 9 7 million tons of raw iron Most iron and steel in India is produced from iron ore
May 16 2015The supplier company is located in Cuttack Odisha and is one of the leading sellers of listed products VMMPL is listed in Trade India's list of verified sellers offering supreme quality of Iron Ore etc Buy Iron Steel in bulk from us for the best quality products and service
New GST Rates for Real Estate Sector Notified [Read GST Notification] To boost real estate sector GST council in its 34th GST Council Meeting recommended GST Rate of 1% for Construction Projects (For Homes Purchased Under Credit-Linked Subsidy Scheme) and 5% for other construction projects
Directorate of Export Promotion and Marketing has been set up to promote export of goods from the State of Odisha and to provide marketing assistance to SSI units of the State This Directorate registers SSI units and concludes rate contract for purchases by Govt Departments and Undertakings
Jan 12 2018Mesco Steel today requested the Odisha government to allow the company to sell the extracted iron ore estimated at Rs 300 crore at its Roida mine in the state Besides the company has also sought permission to resume mining operations at its mine In a statement Mesco Steel said it is among seven companies whose mining operations were suspended on December 31 2017 due to
Jan 23 2020To securitise its iron ore requirements ArcelorMittal Nippon Steel (AMNS) is participating in the ongoing auctions of iron ore mines in Odisha a top official of the company said ArcelorMittal Nippon Steel India (AMNS India) is a 60 40 joint venture between L N Mittal-owned ArcelorMittal and Japan-based Nippon Steel Corporation
The Ministry of Steel is facilitating setting up of an industry driven Steel Research and Technology Mission of India (SRTMI) in association with the public and private sector steel companies to spearhead research and development activities in the iron and steel industry at an initial corpus of Rs 200 crore (US$ 30 million)
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