The Odisha Government has received the first prize of National MSME Award recognition of outstanding contribution for development and promotion of Micro, Small and Medium Enterprises (MSMEs).
Union MSME Minister Nitin Gadkari presented the award to State MSME Secretary Hemant Sharma on Thursday. Union Minister of State MSME Pratap Sarangi was present.
Reforms in infrastructure in recent years have created an atmosphere conducive for major industries of the world to look forward to Odisha as an epic-centre for industrial growth. The State’s MSME sector has registered a growth rate in average budgetary support to MSME is 24.27%.
The growth rate in establishment of enterprises is more than 20% in the State and the growth rate in disposal of cases under MSEFC is 100.49%. The growth rate in the Credit Guarantee Scheme is 7.50% and the growth rate in implementation of PMEGP is 14%.
The State has achieved a growth rate of18.69% in implementation of SPRS under NSIC; and, most importantly, the growth rate in capacity building is 88.65%.
The GO SWIFT-Government of Odisha Single Window Portal for investor facilitation and tracking is coming as a great help for the investors.
