BHUBANESWAR: With concentrate on facilitating micro, small and medium enterprises, the Odisha authorities has determined to conduct a Medium, Small and Micro Enterprises (MSME) census to make sure correct coverage planning for revitalise the ailing sector. The sector has been the worst casualty of the Covid-19 pandemic .
As envisaged, the census would assist determine sick items and challenges the remainder of the items have been dealing with by way of registration, credit score linkage, statutory clearances, taxation, uncooked materials and advertising and marketing of completed merchandise.
A 3-year ‘District Plan’ can also be within the making in session with collectors and varied stakeholders. That is anticipated to assist arrange 25,000 micro enterprises below Prime Minister Employment Era Programme (PMEGP) within the subsequent three years.
Principal Secretary of MSME division, Satyabrata Sahu stated “The entrepreneurs have demonstrated their functionality to maintain the economic system even throughout a pandemic. As a part of the 5T initiative, the census and district plans will assist formulate new long-term insurance policies on sustainable growth of the sector.”
The State authorities has additionally deliberate to transform ladies SHGs to potential micro entrepreneurs with concentrate on packaging sector. Startups engaged with innovation in packaging can be roped in. “The schemes carried out by the Centre can be leveraged to make sure most profit for the MSMEs of the State. As Odisha has nurtured numerous ladies SHGs, our focus can be to develop them into entrepreneurs and strengthen the agricultural economic system,” stated Sahu.
As greater than 4,000 items with venture price of Rs 456 crore had been sanctioned below PMEGP in 2020-21, Odisha has been adjudged the main State within the japanese area and second within the nation by way of sanctioning variety of tasks. It additionally achieved its highest ever credit score stream of Rs 38,000 crore below the annual credit score plan.
Chief Minister Naveen Patnaik had just lately introduced a particular package deal of Rs 289 crore to assist MSMEs. Moreover, round 7,500 tribals, largely ladies SHG members can be assisted with a venture price of Rs 20 crore in Sundargarh and Keonjhar by leveraging funds from District Mineral Fund (DMF).