Odisha govt to facilitate recovery of MSMEs affected by COVID crisis: CM Naveen Patnaik

The state government has been working closely with millions of small units in the form of ''Mission Shakti'' groups and a five-day MSME trade fair, which commenced on Friday, will help entrepreneurs showcase their products, he said.

March 06, 2021 / 01:43 PM IST
naveen patnaik

naveen patnaik

Odisha Chief Minister Naveen Patnaik has said his government will engage with micro, small and medium enterprises (MSMEs) in the state to facilitate recovery of the sector which was affected by the COVID-19 pandemic.

The state government has been working closely with millions of small units in the form of ''Mission Shakti'' groups and a five-day MSME trade fair, which commenced on Friday, will help entrepreneurs showcase their products, he said.

"Our government had announced a special package to support the MSME sector. We will continue to engage with the micro, small and medium enterprises and ensure that the COVID impact on them gets minimised," the chief minister said.

The government has announced a package of Rs 289 crore to provide financial assistance to MSMEs which are facing challenges due to the coronavirus crisis, Industries Minister DS Mishra said.

In a bid to provide market access to entrepreneurs, the Odisha MSME International Trade Fair has been organised every year since 2013.

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A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

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This year''s trade fair is going on at IDCO Exhibition Ground (Unit-III) in the city.

MSME Secretary Satyabrata Sahu said the event is an endeavour of the state government to bring potential buyers and sellers to a platform to boost trade and harness new technologies and products.

The government is committed to strengthen the start-up ecosystem in the state and is constructing an incubation centre, known as O-Hub, Patnaik said on Friday.

"My government will always go an extra mile to encourage MSMEs to participate in the efforts of making Odisha a vibrant state," he added.
PTI
first published: Mar 6, 2021 01:44 pm

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