BHUBANESWAR: The State authorities on Monday determined to arrange District Funding Promotion Companies (DIPAs) in numerous districts in phases to facilitate grounding of initiatives on time by extending handholding help to entrepreneurs throughout implementation.
A high-level assembly chaired by Chief Secretary Suresh Mahapatra gave its go forward to pilot intervention in three districts – Ganjam, Sundargarh and Jagatsinghpur.
“The proposed DIPAs will likely be arrange in numerous districts in a phased method with suggestions and studying concerning the functioning and end result of the companies from every previous part. The primary part piloting will begin from August,” stated Principal Secretary of Business division Hemant Kumar Sharma. He stated such companies will likely be opened in Angul, Balasore, Jajpur, Jharsuguda, Keonjhar, Rayagada and Sambalpur on the premise of studying from the pilot part. It has been focused to cowl all districts by finish of March, 2022.
Every of the DIPAs will likely be managed by three professionals underneath the direct supervision of the respective district collector and can operate as an prolonged arm of the Industrial Promotion and Funding Company of Odisha Restricted (IPICOL). It would function as single-point-contact for all entrepreneurs and buyers, he added.
The important thing function of DIPAs will likely be to advertise micro, small and medium enterprises for creating large-scale employment, guaranteeing early decision of investor grievances, creating land financial institution for quick mission implementation and monitoring infrastructure help like energy and water provide and street connectivity to the mission website.
The Chief Secretary directed the Collectors to take proactive function in promotion of MSMEs that are movers of financial progress and generate employment at district degree. He additional directed them to supply first rate workplace house within the collectorates for establishing the models. The effectivity of DIPAs will likely be monitored by State-level Single Window Clearance Authority and evaluated by annual rankings of districts based totally on investor recommendations.