The Odisha Cabinet, under the chairmanship of Chief Minister Mohan Charan Majhi, has given the green light to eight major proposals across six separate departments, highlighted by a vital policy decision to liquidate inactive industrial operations and distribute funds for clearing outstanding dues.
Following the conclusion of the 42nd Cabinet session on Friday, Odisha Chief Secretary Anu Garg informed that the government has successfully executed a total of 301 executive decisions during its first two years in office.
She noted that the latest meeting, occurring just before the government celebrates its second anniversary in power, focused on sanctions designed to drive bureaucratic modernization and corporate realignment.
“Today, on the eve of two years of government, 301 cabinet decisions have been taken. In today’s meeting, which is the 42nd meeting of the cabinet, across six departments, eight proposals were approved,” Garg said.
The Chief Secretary further detailed that key proposals came from the Handloom, Textiles and Handicrafts Department. As a critical component of a comprehensive corporate overhaul, the state has resolved to wind down specific non-operational industrial plants, paving the way for their assets to be repurposed for incoming business ventures.
“The first proposal was from Handloom, Textiles and Handicrafts Department… the government has resolved to liquidate these units, making their assets available for fresh industrial investments… the cabinet today approved that as a first-phase budgetary provision, Rs 200 crores would be given to the department to settle such outstanding liabilities of these defunct units,” she added.
According to officials, the strategy is intended to wipe out historic debt burdens while simultaneously transforming unutilized properties into commercially viable spaces, which is anticipated to draw fresh capital into the state’s traditional weaving and artisanal manufacturing sectors.
Additionally, the Cabinet also cleared proposals on several measures from other government branches, although specific details regarding those remaining resolutions were not instantly made public.
The government said these measures reflect its continued focus on governance reforms, fiscal discipline, and industrial revitalisation as it completes two years in office.
