A top government official said that the Odisha government plans to set up Micro, Small and Medium Enterprises (MSME) parks in all 30 districts of the state.
Chief Secretary SC Mohapatra said at an event here that MSMEs will get all infrastructure support including land, electricity and water in the districts.
More than Rs 450 crore has been given to Odisha Industrial Infrastructure Development Corporation (IDCO) to develop necessary infrastructure in the districts for this purpose, he said at the conclusion of Propack Odisha 2022 and MSME Odisha 2022 organized by Small and Medium of Odisha Legislative Assembly. said in the session. Enterprises (OASME) on Sunday.
“In the last few years, we have seen 30-40% growth in finance by banks to MSMEs which is encouraging. Chief Minister Naveen Patnaik has held two rounds of meetings with bankers in this regard,” Mohapatra said on the allegations of non-entrepreneurs In response, he said – cooperation with banks.
Odisha Industries Minister PK Deb said that the younger generation should take the risk and not depend only on government assistance.
“Odisha has got the best infrastructure for industries. Big and heavy industries are coming up in Odisha. But what the state needs the most is MSMEs. Industry bodies should come forward and suggest policy changes for better industrialization,” he said.
State Finance Secretary Vishal Dev asked banks to ensure finance availability for MSMEs as the sector is an important pillar of economic growth. But industries in this sector often face funding problems.
He said that banks have been asked to ensure availability of finance for MSMEs and look after the quality part of finance.
The government is also regularly organizing workshops with several banks and business forums.
“We plan to connect all PSU banks with the discounting platform by the end of the year. This will help MSMEs a lot,” said Dev and asked banks to M. urged to lend more than the targeted target for
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