26th Board of Directors Meeting of OMBADC was held under the Chairmanship of the Chief Secretary

The Board focused on more of Livelihood and Skill development projects related to tribal youth

21th August 2023 (Odisha Tazanews) Bhubaneswar  :-> The 26th Board of Directors Meeting of OMBADC was held on today under the Chairmanship of the Chief Secretary, Odisha-cum-Chairman, OMBADC Shri Pradeep Kumar Jena. Other Directors who attended the meeting were Development Commissioner-cum-Additional Chief Secretary, Odisha Smt. Anu Garg,  Additional Chief Secretary FE & CC, Govt. of Odisha (through virtual mode), PCCF & HOFF Odisha, Govt. of Odisha, Chief Executive Officer, OMBADC and all Independent Directors.

Odisha Mineral Bearing Areas Development Corporation (OMBADC), a public limited government company, not for profit, has been incorporated under Section 8 of the Companies Act, 2013 on 02 December 2014. The said company is a “Special Purpose Vehicle” (SPV) incorporated for undertaking tribal welfare and area development works in the mineral bearing areas of the State.

In the BoD Meeting, Shri SatyabrataSahu,, IAS, ACS Revenue, Forest, Environment and Climate Change Department, incorporated  as the new Director in the Board of OMBADC was welcomed by the Chairman. Shri G. Rajesh, CEO OMBADC presented the updated financial status of the Company, wherein total fine amount collected, funds disbursed and utilized by the different line departments was detailed out. The status of projects funded under Compensation Money was also presented to the Board of Directors for their update.

The CEO informed that under the Compensation money funds, the Board has approved 54 projects amounting to Rs. 17916.16 Cr under different Board meetings since the 14th BOD meeting held in the month of April 2019. The projects have been proposed by 18 Line departments and most of the approved projects are under implementation. The Line departments have successfully utilized an amount of Rs. 7223.01 Cr till date out of the total released fund of Rs. 9737.58 Cr. The projects pertain to sectors like Drinking Water, Education, Health, Livelihood, Environment Protection, Rural Connectivity and Water Conservation. Sector wise allocation of funds out of the total allocation of Rs. 17916.16 Cr. is presented below:

Further the CEO presented a brief overview of the sanctioned projects for updating the Board members, the status of which is as follows :- 

Several drinking water projects, Health projects, projects of SD & TE dept and Horticulture projects were provided extension of time by the Board of  Directors as some components were still under progress. Regarding pending UCs related to OMBADC projects, it has been decided by the Development Commissioner-cum-ACS and Chairman of the OMBADC  Sub Committee that the issue will be discussed in the All Secretaries meeting to be held shortly.

It has also been decided by the Board that more of Livelihood and Skill development projects related to tribal youth will be taken up out of the balance funds available with OMBADC. The meeting concluded with the release of Impact Assessment Report of the OMBADC funded Pucca Ghar Yojana (Mining) scheme and Brochures for the months of March and April 2023. The effort of OMBADC related to project evaluation was appreciated by the Board and the Chairman, OMBADC has instructed to go for similar evaluation exercises for all completed projects.

The details of visit of Oversight Authority for OMBADC, Justice A.K. Patnaik, Former Judge, Supreme Court of India to Mayurbhanj district was also projected for information of the Board. Over the last 5 years of project initiation by OMBADC, a record amount of Rs. 3004.26 Cr was released by OMBADC to the Line departments in the FY 2022-23 and an amount of Rs. 2667.11 Cr was cumulatively utilized by the line departments. The DC-cum- ACS has appreciated the streamlining of the fund release process of OMBADC in the FY 2022-23. The proposed budget for the current FY i.e. 2023-24 is Rs. 4534.44 Cr.

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