MSMEs Largest Job Intensive Sector, Rs 289 Cr Special Covid Package Lent, Says Odisha CM

Bhubaneswar: Gracing the ‘Business Eminence Awards’ (BEA) function hosted today  by noted Odia vernacular daily ‘Dharitri’ and its English sister concern ‘Orissa POST’ to honour eminent entrepreneurs and business leaders of Odisha, Chief Minister Naveen Patnaik said that his Government has enhanced an allocation of Rs 465 crores and an additional Rs 289 crore as special Covid package for MSMEs as they are the largest job intensive sector.

Congratulating ‘Dharitri’ and ‘Orissa POST’ for conducting this initiative, Naveen opined that it will definitely catalyze the mindset of the business community of the State and Odisha will move forward into an even brighter future with better tools for adaptation and change.

“After agriculture MSMEs are the largest job intensive sector. So we have proposed an enhanced allocation of Rs 465 crore, which is almost double the allocation of last year.

Besides, recently I had announced a special covid package of Rs 289 crore to support MSMEs and also focusing on better credit linkage for them. Our Toursim budget has been doubled in the last two years focusing on infrastructure and tourist amenities.

In some of our iconic locations we are in the process of creating world class facilities,” stated the Odisha Chief Minister.

He added, “Odisha, over last few years, has taken massive strides in business and industry. An enabling industrial policy supported by a dedicated Team Odisha has brought about massive progress in the industrial eco-system of the State. We continue to be a top investment destination even during the pandemic period. Our record in grounding of investments is also quite encouraging.”

He further added, “Recent data on various business parameters also indicate a revival in economy. The year 2020 has greatly changed the way we have lived and has made a huge impact on our outlook on things we had taken for granted. Repeated lockdowns and Covid related protocols to contain the Covid 19 virus being the priority, the economic impacts have not gone unnoticed.

 During such an unprecedented and difficult time, the State Government has taken multi-pronged approach to help encourage enterprises.

The Government is committed to lending a helping hand and encourage entrepreneurs to get back on their feet.”

Prominent among others, the function was also graced by Union Petroleum & Steel Minister Dharmendra Pradhan, Dharitri & Orissa Post Editor-cum-former Dhenkanal MP Tathagata Satpathy and the BEA awardees.

About Post Author