Odisha plans policy for entrepreneurship development: CM

Bhubaneswar: In a bid to encourage growth of small and medium enterprises in the state, Odisha government is planning to bring out a policy for entrepreneurship development to help breed new entrepreneurs.
 
"My government would bring out an entrepreneurship development policy which will focus on individuals with an expectation that they would become entrepreneurs. The policy may encompass multiple stages in the emergence of an enterprise from pre-start to stabilisation and growth," Chief Minister Naveen Patnaik said, addressing a sensitisation programme on developing entrepreneurship.
 
Patnaik said the policy would stress on measures like awareness, promotion, skill development, networking and mentoring besides attempting to change the mindset of target groups. In short, it will aim at making entrepreneurship a movement, he said.
 
Stating that the state government has conceived the idea of sensitising the youth at grassroots level, Patnaik said under the entrepreneurship development programme, sensitisation and motivational camps for the youth would be organised in each block and urban local body in a time bound manner to spell out the importance of entrepreneurship.
 
To meet this requirement, entrepreneurship development programmes would be attempted in each block of the state and thereafter handholding support would be provided to the youth to become entrepreneurs, he said.
 
"The state government would set up an entrepreneurship development society with incubators to provide training not just for setting up of new units but also to provide continuing education in different aspects like product design, packaging, technology up-gradation, financial management and marketing. The MSME (micro, small and medium enterprises) department would be the nodal agency to take up this challenge," Patnaik said.