38k MSME Units In Odisha With 1 lakh Employment

BHUBANESWAR: Giving importance to the MSME sector, Odisha chief minister Naveen Patnaik on Saturday said the state government would set up 38 thousand MSME units with employment of about one lakh persons.

He said the government would develop five food processing corridors covering potential districts and 10 food parks in the state for development of food processing sector.

Addressing the 12th Entrepreneurs’ Week which commemorates the birth centenary of late Biju Patnaik, he said ten Livelihood Business Incubators in the potential districts for development of livelihood by way of gradation and use of local skill would be set up.

Besides, ten new village industries clusters by Odisha Khadi and Village Industries Board would be set up.

“Biju Babu dreamt of an industrially developed and prosperous Odisha. Therefore, it should be our endeavour to take Odisha to the top of the industrial map of India which will be a real tribute to the great leader and the doyen of Entrepreneurship,” said the chief minister.

Considering the importance of the MSME segment, government has taken a number of initiatives to promote MSMEs through policy framework like MSME Development Policy 2009, Odisha Food Processing Policy 2013, Odisha Procurement Preference Policy 2015, Export Policy 2015, etc. Further Odisha Youth Innovation Fund has been created to encourage innovation, he added.

He said Industrial Policy Resolution 2015 had been launched with a plethora of incentives to attract investment.

“The Odisha Industries Facilitation Amendment Rule 2015 has been notified to provide a conducive environment for industrialisation. The Single Window System is in operation at state and district levels. Similarly, Investment Facilitation tell has been formed at State and District levels to provide handholding support. State Government has introduced online facilities to provide basic infrastructure support like land, power, water, etc.” said the chief minister.

He said a Composite Inspection Framework is being worked out to reduce the frequency of inspection by various authorities.