Daily Archives: March 18, 2012

Sambalpur-Koraput passenger train flagged off today

New passenger train between Sambalpur and Koraput have been flagged off by  Amarnath Pradhan, Hon’ble Member of Parliament (Lok Sabha) in presence of Shri Ashok Kumar Gupta, Divisional Railway Manager, Sambalpur at Sambalpur Railway Station today.

This train will leave Sambalpur at 10.00 hrs.and will arrive at Koraput at 00.45 hrs.. In the return journey, the train will leave Koraput at 2.30 hrs. and will arrive Sambalpur at 18.00 hrs. This train will stop at all stations between Sambalpur –Koraput.

Highlighting the development and achievement of Sambalpur Railway Division of East Coast Railway, Shri Gupta stated that, this Division has taken necessary steps to complete various traffic works and works relating to train operations with the co-operation of State Government.

Speaking on this occasion, Shri Amarnath Pradhan expressed his happiness for introduction of this new train.

Western Odisha Districts topped among in Economic Growth Rate

Sundergarh district in the state’s western belt posted the highest growth of 17.9 % followed by industrial hub Jharsuguda that enter a average growth of 10.9 %.
The same trend is more or less reflected in per capita incomes of districts with Angul wresting the top slot at Rs 20,500 followed by Jharsuguda Rs 19,800 and Sundergarh Rs 15,700. On the whole, the state with a per capita income of Rs 25,708 in 2010-11 is gradually closing in the gap with the national average. Its per capita income is projected at Rs 26,900 in 2011-12.Latest data contained in the Economic Survey for 2011-12 has anticipated growth of Orissa’s GDP at 7.18 % for the current fiscal as against the national average of 6.9 %.Quick estimates have pegged the state’s growth at 8.60 % in 2010-11 at 2004-05 prices.
The state economy has grown, in real terms at 2004-05 prices, at an average annual rate of 8.49 % in the first four years of the 11th Plan despite global economic slowdown.Agriculture sector which supports more than 60 %  of the state’s population, has grown at the rate of 4.12 % in the first four years of the 11th Plan. Industrial sector which has 26 % share in the state’s economy, has posted growth of 9.12 % in this period while services sector has witnessed the highest growth at 9.86 %.On the poverty index, the state has shown perceptible improvement with the key economic indicator plunging from 39.90 % in 2004-05 to 29.69 % in 2009-10, as per NSS (National Sample Survey) data of the 66th round.However, widespread regional and social disparities have been noticed in development.
In public finance sector, the state has been able to contain fiscal deficit at 0.34 % of the GDP in 2010-11compared to 1.38 % in 2009-10. This has been achieved through lower growth of revenue expenditure and increase in revenue receipts. Fiscal deficit, has, however, been budgeted at 2.5 % of the GDP in 2011-12. Capital expenditure has gone up from Rs 5,733 crore in 2008-09 to Rs 6,683 crore in 2010-11. The debt-GSDP (Gross State Domestic Product) ratio has also been scaled down from 55.92 % at the end of 2002-03 to a more sustainable level of 20.07 % by the end of 2010-11. Advances estimates for 2011-12 show agriculture would account for 16.46 % of GSDP while services and industrial sector would have a share of 57.34 % and 26.20 % respectively.

Homemakers unhappy

For housewife Rudrarani Pradhan of Budharaja, the Union Budget has failed to bring any cheer. The tax on gold has been hiked making gold even more dearer and out of the reach of common man. Cost Accountant Yangya Narayan Pradhan said exemption limit on income tax should have been raised to at least Rs 2.5 lakh.

He expressed happiness at the provisions for agriculture product reflecting on agricultural production and investment in infrastructure sector. For former executive and president of Sambalpur Chamber of Commerce and Industry Pratap Mishra the Budget is development oriented as it aims at attaining inclusive growth. Mishra said besides development of infrastructure, stress has also been laid on development of agriculture, education and health.

Lawyers lock Consumer court over vacant post

Members of Bargarh District Bar Association locked the District Consumer Redressal Forum for its failure to deliver justice, on the occasion of the World Consumer Day, on Thursday.

As per the provision, a Consumer Court comprises two members, one among them being a woman, besides the President. Although the President has been nominated and there is a woman member, the post of the second member is lying vacant. Under the circumstances, consumer cases are not entertained here.

The Bar had petitioned the State Government and the Minister for Consumer Affairs besides authorities concerned on the issue. The effort has gone waste.

It was on Wednesday, the members resolved to lock the Consumer Court till the other member is appointed.