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

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 / 13:43 IST
Story continues below Advertisement
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.

Story continues below Advertisement

"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.

COVID-19 Vaccine
Frequently Asked Questions

View more

How does a vaccine work?

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.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.
View more
+ Show