Odisha Mining Corporation contributes Rs 500 crore to CMRF

Prameyanews English

Published By : Prameya News Bureau | June 17, 2021 IST

Bhubaneswar, June 17: The Odisha Mining Corporation today contributed an amount of Rs 500 crore to Odisha Chief Minister’s Relief Fund. Besides, The Odisha Agro Industries Corporation and Odisha Cashew Development Corporation today paid a dividend of Rs 3.76 Crore to State Government. Chief Minister Naveen Patnaik graced the occasion on virtual platform. The Chief Minister thanked all the three corporations for this support during the pandemic. While the Agro Industries Corporation paid an amount of Rs 3, 29,76,362 at 30 percent of net profit for the year 2017-18, the Cashew Development Corporation paid a dividend of Rs 46,51,200 at 30 percent of net profit for the year 2018-19. OAIC Chairman Debashis Mohanty and OSCDC Chairman Amarendra Mohanty handed over the cheques to Chief Secretary, Suresh Chandra Mahapatra for their respective corporations. For the OMC, Chairman Surendra Kumar handed over a cheque of Rs 500 crore to the Chief Secretary. Briefing on the activities of the OMC, he said that OMC made a growth of 5.42 percent during last financial year despite the pandemic. The total mineral production last year was 17.12 million tons.

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