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Former Odisha CM Naveen Patnaik Pleased with State’s Investment Rank

Indian Community Editorial TeamBy Indian Community Editorial TeamJuly 23, 20261 Min ReadNo Comments Add us to Google Preferred Sources
Former Odisha CM Naveen Patnaik Pleased with State’s Investment Rank
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Former Odisha Chief Minister and Biju Janata Dal (BJD) president Naveen Patnaik expressed satisfaction with Odisha securing the fifth rank in NITI Aayog’s Investment Friendliness Index (IFI) Report. He credited this achievement to reforms and governance initiatives during his tenure. Patnaik criticized the present BJP Government for claiming credit for BJD’s accomplishments.

Patnaik shared on social media that Odisha ranked fifth in attracting investments as per the IFI report for 2023-24. He highlighted Odisha’s overall score of 52.4%, slightly lower than Gujarat’s 56.6%. The former CM emphasized the state’s remarkable transformation from a struggling economy to a top investment destination.

Patnaik praised Odisha’s prudent fiscal management and highlighted the state’s low outstanding liabilities and interest payments compared to the national average. He questioned the progress of “double-engine governments” and emphasized Odisha’s significant contributions to India’s mineral and coal production. The former CM attributed Odisha’s success to sustained policy interventions and fiscal discipline.

Patnaik expressed gratitude to the people of Odisha for their support in the state’s development journey. He raised concerns about the current government’s financial management, warning that it could lead Odisha back to financial instability. Patnaik urged caution against mismanagement that could jeopardize the state’s progress.

#5T Biju Janata Dal BJP BSKY DisasterManagement Gujarat KALIA MissionShakti Naveen Patnaik NITI Aayog Odisha OdishaSchoolTransformation SkillDevelopment
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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