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 […]
Category: MSME
Odisha’s MSME sector: The opportunities and challenges in a post-COVID world
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 […]