Small-scale industry plays a big role in a country’s economic development. Though it lacks the economies of scale and efficiency of a big organization, it employs more people per lakh rupees and generates higher employment opportunities. On August 30, 2000, the former Indian Prime Minister Shri Atal Bihari Vajpayee announced an extensive policy package to […]
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Odisha is blessed with abundant natural resources, coastline, and biodiversity. However, its biggest asset is its youth population. The population of Odisha in 2020 is about 4.7 crore out of which 1.7 Crore are youth in the age group 14-34 years. This is a demographic dividend for the state and holds promise to propel […]
As we observe the third anniversary of the World MSME day, we celebrate the sector that, as per the Odisha Economic Survey 2019-20, comprises over 3.9 lakh units in the state, set up with an investment of Rs 19,142 crore and employing 15 lakh people. On an average, a typical unit employs four persons and […]
The COVID-19 crisis has changed the world as we know it. The global economy has taken a hit and the impact is going to last for many months to come. While sustaining operations have become difficult for many companies; layoffs, furloughs and pay cuts are some of the grim realities for numerous employees. With the […]
