Adaspur has UP School, Baraha Nrusimgha Secondary School, Prachi Academy high school and the much celebrated U.N Autonomous College of Sc. & Tech. It has a big daily market from which every day large quantities of milk, cheese, vegetables etc. are carried to Bhubaneswar and Cuttcak. The market is also famous for river fishes. Since 1956 the villagers have been organising a Pala competition without any interruption till date for which almost all the renowned Pala Gayakas have been invited. Adaspur has the branches of Canara Bank, SBI, Cooperative Bank etc. Once upon a time it was famous for its Laxmipuja. For a lone period from 1950 to 2000 Adaspur Rasgolas and Chhenapoda were very famous. Adaspur must be declared as a NAC by the government.