Entrepreneurs need to be more aggressive to avail govt benefits

Entrepreneurs need to be more aggressive to avail govt benefits


Bhubaneswar: Industry director Pranabjyoti Nath on Monday said entrepreneurs are not keen to avail the benefits announced by the state government.

“Government announced many schemes for entrepreneurship development. But budding entrepreneurs are not keen to avail those benefits. That is the main reason why so many applications of entrepreneurs have been rejected by the industry department. Entrepreneurs need to be more aggressive to avail government schemes,” Nath said.

He hailed Micro, Small and Medium Enterprises (MSME) sector for doing very well in procurement side.

At the same time, he also highlighted that they are not good in availing the benefits of various government schemes.

While delivering at Odisha MSME Meet 2019 concluding session organized by Odisha Association of SME (OASME), he said on the procurement side, MSMEs of the state achieve desired results.

“Now they have to work on the vendor development side. This is the area which needs more attention from the industries. On the government side, we are working on ease of doing business. The government will surprise the industry sector with so many attractive policies in the future,” he added.

Dr. S K Sahoo, Director In-charge, MSME-DI, Cuttack talked about various government schemes for women entrepreneurs.

On procurement policy, he said the Government of India mandated to procure 25% of products from MSME by PSUs.

“I suggest that government of Odisha should make arrangement for another 25% mandate so that MSMEs of Odisha can sell their 50% products to Central and State Government PSUs,” said Sahoo.