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    <title>Odisha to place demand of Rs 12.56 lakh crore before 16th Finance Commission: CM</title>
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    <description>State government will present a comprehensive fiscal demand to the Finance Commission for the next five years to fund planned capital and recurrent initiatives. The cabinet approved targeted measures including a customised semiconductor investment incentive, a phased programme to establish model primary schools and upgrade high schools, a financial assistance scheme for cold storages to strengthen agricultural value chains, and a multi year village infrastructure scheme, thereby defining funding streams, conditional incentives, and implementation commitments to inform the Commission&#039;s allocation considerations.</description>
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