Section 16(2)(iv) in Orissa Minor Minerals Concession Rules, 2004
(iv)a person who has a definite plan for setting up of an industry in the State for processing of decorative stone if he has furnished a copy of his project report of the proposed processing industry and also a letter from the financing institution, issued by the Chief Executive of such institution to the effect that his project report is being appraised by such financing institution;