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Tag: Debt Burden

Debt Burden Rising in Odisha
Rising Debt Burden Of Odisha - Avoiding Prodigal Spending Is Way Out

There are not enough teachers, medical staff and not even enough policemen. Crime against women and children are numerous and the track-record of Odisha is a matter of grave concern and shame. The Annual Establishment Review of the state government for 2019-20 revealed that about 2 lakh (1,99,957) government posts remained vacant.

farmer-suicide
Odisha Farmer Commits 'Suicide Over Debt Burden'

Sambalpur: A farmer, who allegedly attempted suicide over debt burden, died today while undergoing treatment at a private nursing home in Sambalpur. As per reports, the farmer Abdhoot Pradhan, a resident of Khairmal village under Jujomura block of the district, was admitted to the nursing home on August 28 in critical condition. Family members of […]

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Farmer ends life over debt burden in Odisha

Balasore: A mushroom farmer allegedly committed suicide at Nuapur village under Soro Police limits here on Sunday. The deceased has been identified as Gayadhar Jena (65). Family members of the deceased alleged that Jena committed suicide due to crop loss and debt burden.”My father went to our mushroom farm as usual this morning. Later, when […]

budget
With debt burden rising, all eyes on Odisha budget 2019

Bhubaneswar: The populist announcements prior to the polls are expected to pose a serious challenge for the Odisha government which will be presenting the full budget on June 28. The Finance department is leaving no stone unturned to announce a suitable budget for everyone and suggestions have been sought from the public through e-mail, SMS […]

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Odisha’s debt burden to cross Rs 1.03 lakh crore by March 2020

Bhubaneswar: The State government’s debt burden is likely to cross Rs 1.03 lakh crore by March in 2020 which will be 19.2% of the Gross State Domestic Product (GSDP) this year. Finance Department Principal Secretary Ashok Meena during a press conference said that the State’s debt stock will be Rs 87,650 crore by March 31, […]

Debt-ridden farmer in Odisha ends life

Cuttack: ‘Farmer suicides’ continue unabated in the State as one more farmer allegedly committed suicide in Kolanpur village under Nischintakoili block of Cuttack district today. Family members alleged that the farmer, identified as Sumant Mallick committed suicide by hanging himself from the ceiling of his house. He was under mental stress over the past few […]

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Odisha govt's debt burden inching closer to Rs 92,000 crore

Bhubaneswar: Ahead of the general elections, Odisha government is facing flak for its rising debt burden which may touch Rs 92,000 crore by the end of the year. While in 2000-01, the total debt burden was Rs 21,001.88 crore, after 18 years it has shot up to Rs 76, 428 crore. In 2014-15, the State […]

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Union Min Pradhan blames UPA for rise in debt burden, fuel prices

Bhubaneswar: Union Petroleum Minister Dharmendra Pradhan on Sunday blamed the Congress regime during Manmohan Singh’s prime ministership to have derailed India’s economy and also for the abnormal rise in fuel prices. He alleged India’s economy nosedived during the previous government leading to a huge debt burden. Pradhan also attributed the current rise in fuel prices […]

investment
Amid rising debt burden, Odisha's populist schemes questioned

Bhubaneswar: With elections round the corner, the state government is busy wooing voters by announcing various new schemes which have not been provided for in the annual budget, raising questions in the minds of many about the availability of funds at a time when the State’s debt burden is already high. The state government is […]

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Farmer suicide in Odisha again over crop loss, debt burden

Berhampur: A farmer allegedly committed suicide over crop loss and debt burden at Ganjam district here on Thursday. The deceased has been identified as Harishchandra Pradhan of Mahadeipur village in Patrapur block under Jarada police limits. According to reports, Pradhan allegedly consumed pesticides on Wednesday morning and was admitted to Patrapur hospital in a critical […]

Odisha farmer commits suicide
Investigation launched after farmer commits suicide in Odisha

Berhampur: An investigation has been launched after a 70-year-old farmer allegedly committed suicide by consuming poison due to crop failure and debt burden at Nuagaon in Ganjam district. The victim, Brundaban Swain, who committed suicide on Sunday was initially admitted to Aska hospital and then shifted to MKCG medical college and hospital here, but he […]