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Odisha's ₹72,100 crore capital spending goal jeopardised by rushed project approvals
📷 Image: Wikimedia Commons / Subhrasingh
Business

Odisha's ₹72,100 crore capital spending goal jeopardised by rushed project approvals

✍️ Business Standard 🗓 22 Aug 2026, 08:37 AM 👁 64
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The Odisha government’s plan to invest ₹72,100 crore in capital projects this year faces setbacks as authorities accelerate approvals, raising concerns over feasibility.

The state of Odisha has set an ambitious capital expenditure target of ₹72,100 crore for the current fiscal year. Recent reports indicate that the government is fast‑tracking a number of projects to meet this goal.

Officials have accelerated approval processes, but analysts warn that such haste could compromise project quality, cost control and overall feasibility. The rapid pace has already sparked concerns among planners about the ability to achieve the full target without overruns.

If the current approach continues, the ₹72,100 crore capex objective may remain out of reach, prompting the state to reassess its implementation strategy and prioritize sustainable execution over speed.
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