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Women led MSMEs in Odisha is higher than national average

Bhubaneswar8/3/18;: The number of women-led MSMEs in Odisha is higher than the national average, said MSME secretary L.N. Gupta on Thursday.

There are 38,477 MSMEs in Odisha led by women, which constitutes 12.3% of the total MSMEs in Odisha, he added.

Participating in a seminar organized at the Odisha International MSME Trade Fair here, Gupta said that 28,835 (9%) MSMEs are owned by persons of SC Category and 18,800 (6%) MSMEs are owned by ST Category.

He further added that whereas Odisha MSME Policy, 2016 offers additional incentive of 5% to MSMEs promoted by women and ST/SC Entrepreneurs, Odisha Food Processing Policy offers 8% additional incentive to the women and ST/SC entrepreneurs, over and above what is available to the entrepreneurs of general category.

He further stated that under the Stand up ‘India Programme’ each branch of a bank is required to provide composite loan between Rs.10 lakh to Rs.1 crore to at least one woman entrepreneur and one SC or ST entrepreneur for setting up a greenfield enterprise.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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