Funds

Union Government has accepted the recommendation of 14th Finance Commission to increase the shareable pool of Tax Devolution from 32% to 42% for it’s award period (2015-20) which gives more resources and greater freedom to use these…

The Mines and Minerals (Development and Regulation) Act, 1957 was amended through the MMDR Amendment Act, 2015 which was published in the Gazette of India on 27th March, 2015. Section 9B of the MMDR Amendment Act, 2015, provides for setting…

The Higher Education department in Odisha has sanctioned Rs 4.12 crore to be disbursed from the Infrastructure Development Fund for the development of Utkal University. The funds will be spend on the augmentation of the new Girls' Hostel…

Odisha suffered heavy losses due to Cyclone Phailin on October 12-13, 2013. Both the government and private properties were damaged by the cyclonic storm. Odisha CM Naveen Patnaik has urged the common people, central and state government…

Yet again, Odisha had to face the apathy from the Centre, as the Railway Budget 2013-14 had little for the state to cheer about. A select group led by Assembly Speaker Pradip Kumar Amat had met the Railway Minister in New Delhi earlier this…

TNI Bureau: The union government approved Rs.250 crore ($50 million) for the KBK districts of Odisha on Thursday to meet expenses on development projects in backward regions under the state component of the Backward Regions Grant Funds…