Devbrat Patnaik

Bhubaneswar: Odisha is uniquely poised to become the global economic hotspot given the fact that the State possesses rich mineral deposits, demographic dividend and market, and has the best minds supplemented with technology, Union Minister of Petroleum and Natural Gas & Steel Dharmendra Pradhan said on Monday.

Addressing a webinar on 'CA: The Catalyst—learning, unlearning and relearning' at VSM series organized by Rourkela, Sambalpur and Jharsuguda branch of ICAI, Pradhan said that with rich mineral resources, demographic dividend and market, Odisha is uniquely poised to leverage the upcoming opportunities in the global markets.

"The country is coming out of the Covid-19 crisis and slowly entering the post-crisis period. In the last three months, we can see all major economic indicators showing major signs of recovery. Whether it is power consumption, oil and gas consumption, GST collection, all are presenting a picture of sharp recovery," he said.

Talking about the development vision of the eastern region, he said that PM Narendra Modi has given unprecedented priority to the development of eastern India and Odisha too will benefit from the Mission Purvodaya. “Odisha provides a major share of coal, iron ore and other commodities to the nation. We must work to integrate even more with the global supply chain”, stated Pradhan talking to a group of Chartered Accountants.

Underlining Odisha’s strengths, the Minister said, "Odisha is rich in agriculture. The State also holds immense possibilities in tourism. Education is inherent strength of the people of Odisha. There are many institutions in Odisha which are of national repute. Technology is creating new opportunities and Odisha being uniquely placed, one can work anywhere in the world by staying in Odisha.”