Bhubaneswar: Micro Small & Medium Enterprises (MSME) Summit , 2011 has been inaugurated by Chief Secretary Sri Bijaya Kumar Patnaik here today in Premises of Hostel Swosti Premium. In his inaugural address Patnaik held that Small & Medium Enterprises form a major portion of industrial activities in any growing economy like Odisha. Giving the sector a lead, he added that MSME should take up services and ancillary products that the large-scale industries require. The Govt will do all that is possible to persuade the large scale industries to support MSME’s. The Chief Secretary has given a call to MSME’s to join hands with Govt in skill enhancement of youth. They have been asked to plan out their skill requirement in coming years so that youth can be trained and they can be absorbed in MSME sector. The opportunities in construction works are growing day by day and the MSME’s catering to different segments of construction sector can come together through collaborative efforts for developing single window delivery system. While addressing the summit as guests of honor Principal Secretary Industries T. Ramchandru and Steel & Mining Secretary Manoj Ahuja said that Govt has enabling policies and MSME’s are required to avail those in right perspective. Discussions in the Summit reveal that MSME’s contribute 8% of country’s GDP, 45% of manufactured output and 40% of exports. It provides employment to near about 6cr. people. Other major topics of deliberation included development of MSME clusters around different specific industrial and agro-based products, credit support, capacity enhancement, revival of sick units and increasing productivity of MSME’s through marketing support. A mini-exhibition was displayed on the occasion by Odi – Fab, a women SHG initiative and Jindal Community College, Angul. Visiting the stalls the Chief Sri Patnaik advised them to scale up their production. Regional Director Reserve Bank of India Sri B.K.Bhoi while addressing the participants told that they should should use grievance redressal mechanism and help line of RBI when they face any genuine problem with regard to credit linkage through banks. The Director General , Indian Chamber of Commerce Dr. Rajeev Singh gave the welcome address and Director , Industries K.Khatai presented the votes of thanks. The summit has been hoisted by Indian Chamber of Commerce.
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