BHUBANESWAR: Even as the Odisha government had set a target to generate three lakh employment by promoting 60,000 enterprises in the MSME (micro, small & medium enterprises) sector in the 2015-16 fiscal year, it has failed to achieve the target.
The MSME department has created 1.75 lakh employment in 2015-16 and set up 53,895 units in the state, said an MSME official.
The MSME units have invested Rs 2445.92 crore against the target of Rs 3600 crore, he added.
The state government has aimed to create 66,000 MSME units in the current 2016-17 financial year and create 3.30 lakh employment.
Notably, the government has set a target to generate 0.4 million new jobs by promoting 0.15 million in MSME sector during 2015-19.
The official said they are taking steps to attract youth to set up their enterprises besides relaxing the norms.
He also said plans are also afoot to set up mini food parks, industrial estates and mega food parks in all districts of the state.