1.97 lakh MSME units create 5.96 lakh jobs in last 4-year in Odisha

Bhubaneswar: The Odisha government on Monday said 1.97 lakh MSME units have been established with an investment of Rs.10320 crore in last four years while employment generation of 5.96 lakh persons has been created during the period.

Altogether, 3.22 Micro, Small and Medium Enterprises (MSMEs) have been established with an investment of Rs.15959 crore and employment generation to 13.35 lakh persons till March 2018.

This was informed by MSME minister Prafulla Samal after a performance review meeting of the department by Chief Minister Naveen Patnaik.

Additionally, 3752 motivational camps have been organised across the state to motivate 323,451 youth for setting up MSMEs. 20,049 youths have been provided with entrepreneurship training under Entrepreneurship Development Programmes (EDP), the minister said.

District Level Single Window Clearance Authorities have approved 542 projects between April 2015 and March 2018 with the total project cost of Rs.2040 crore and employment potential to 21,730 persons.

Out of these, 67 projects have already started production and 119 are under implementation, the minister added.

Total 898 MSMEs have been provided financial assistance of Rs 118.82 crore

under the different government policies since 2014-15.

For the organised development of MSMEs in clusters, 11 clusters have already been assisted for development of common facilities.

Under PMEGP, 24,671 micro units have been promoted with margin money assistance of Rs.492.69 crore by generating employment to 1,99,091 persons since 2008-09.

During the last four Years (2014-15 to 2017-18), 10,330 Micro Enterprises have been promoted with margin money assistance of Rs.222.46 crore with employment opportunity to 74,812 persons.

As regards infrastructure for Food Processing industries, MITS Mega Food Park at Rayagada has already become operational, Mega Food Park at Deras (Khurda) is at an advanced stage of implementation, said the Minister.