is this college provided by bed certificate equivqlent or valid in the odisha govt?
You have not mention the name of the college, so it won't be possible to give a clear and well defined answer without knowing the complete information.
Anyway, you need to check if the institute is approved by NCTE(National Council of Teacher Training), for that you need to go to the official website of NCTE-
http://ncte.gov.in/Website/Index.aspx
Under 'Database', you will find recognized institutions, click on 'Eastern Regional Committee', you will get all the states of Eastern Region, now click on 'Odisha', you'll get number of courses, choose ' BEd ', you'll get the list of approved institutes.