Home / Knowledge / News / Textiles / Orissa looking forward to constitute MSME Ministry
Orissa looking forward to constitute MSME Ministry
Mar '10
Orissa's Chief Secretary Tarun Kanti Mishra recently stated that, the state government is likely to constitute a ministry for Micro, Small and Medium Enterprises [MSME]. He also divulged that following Chief Minister's directions, a committee has been constituted which is to present its report within next three months.

The Chief Secretary who is heading the committee also added that subsequent to the conclusion of the ongoing State Assembly session, the committee is to meet and study various aspects of the proposed Ministry. The committee is to review a variety of features of MSME Ministries in other States and is expected to come out with a report that incorporate best features that follow from the study.

It is a concern that the per capita income in Orissa touches just 63 percent of the national average, Mishra said as he spoke at the open house session conducted on the last day of the 6th Entrepreneurs Week.

Director of Industries, Hemant Sharma, Secretary of Handloom and Textiles, Arati Ahuja and members of various small and medium industry associations also were present at the event.

Secretary of Industries, Sourabh Garg, while reacting to the queries posed by the industry associations seeking a 15 percent capital subsidy as upfront payment, stated that the government will be considering the proposal.

As he said this, he also elucidated that the government plan is to deviate from the subsidy system as it rallies round the MSME sector. He also divulged that the reconstructed OSFC aims at spending Rs. 200 million during the current financial year.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Platinum Equity acquires International Textile Group

International Textile Group (ITG) has been acquired by Platinum...

Information Technology | On 26th Oct 2016

EFI & Konica Minolta to sell cloud-based MIS solutions

Electronics For Imaging, Inc. (EFI), a global technology company...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Veronique Lee

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search