Target set to create 3 lakh jobs through MSMEs next year

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Chief Secretary Gokul Chandra Pati on Friday said while as many as 15 lakh MSMEs (micro, small and medium enterprises) are operating in the State, only one lakh of them are registered at the District Industrial Centres. Barring those registered MSMEs, there are so many SMEs facing troubles getting finance.

Speaking about employment generation, Pati said, “One lakh jobs were created through MSMEs in 2014-15. Efforts are on to generate three lakh jobs in the next financial year”.

Both industry bodies and the State Government should work cordially to achieve the set target, the Chief Secretary said while addressing the fourth edition of the MSME Summit-cum-Expo, organised by the Indian Chamber of Commerce (ICC).

At the conference on ‘Unlocking the MSME Potential’, experts discussed on Stand up India-Focusing on Odisha; International Trade: challenges, opportunities and new trends for empowerment of Odisha entrepreneurs; promotion of ancillary and downstream industries , vendor development,  Government initiatives on ease of doing business, focus on 20 per cent procurement from MSME entrepreneurs, market linkages etc.

Among others, ICC Odisha Expert Committee executive member MK Gupta and MSME Secretary Panchanan Dash and State Bank of India (SBI) Bhubaneswar CGM B Venugopala Reddy spoke.

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