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Since 1st March, 1999
 
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Fair boost for industry

Bhubaneswar, July 26: The state government has decided to organise a trade fair exclusively for micro, small and medium enterprises every year to promote such industries.

“This will be a one-stop shop for all entrepreneurial activities,” special secretary of the newly created micro, small and medium enterprise department Panchanan Dash.

The focus of the fair will be on marketing support to micro, small and medium industries, technology sourcing, quality control, product launch and credit availability, said Dash.

“The micro and small units will get a chance to showcase their products at the trade fair, where big industries and credit-rating agencies will be invited”, he said.

Railways, defence organisation and other central and state public sector apart from private industrial houses will also be invited to participate in the fair.

Awards will also be instituted for the public sector undertakings and corporate houses for the highest purchase from micro, small and medium units. Besides, awards will also be given to the best micro and small units and best achiever under the Prime Minister’s Employment Generation Programme.

According to the fourth census of micro, small and medium enterprises, there are about a million such units in Odisha. The state government has formulated a policy for this sector and carved out a new department.

There is a huge potential for the growth of micro, small and medium industries as the export earnings from this sector is growing and several mega industries are coming up, said officials..

An apex committee, headed by the chief secretary, will be constituted to look into the affairs of this sector. An organising committee will also be formed to supervise the arrangements for the annual fair. The date for the trade fair has been tentatively fixed from January 1 to 15 next year.