Odisha Sun Times Bureau
Bhubaneswar, Dec 9:
Odisha Chief Minister Naveen Patnaik today said that the State Government is taking several policy initiatives to encourage ‘Make in Odisha’, which in turn will provide impetus to MSME sector in the state.
Addressing the 38th Cost Conference of the Eastern India Regional Council (EIRC) and Bhubaneswar Chapter of Institute of Cost Accountants of India, Patnaik said, “My government is facilitating ‘Ease of Doing Business’ by making Odisha an attractive destination for investment and international trade. Under the mission ‘Make in Odisha’, the government has identified focus sectors with appropriate policy initiatives and support mechanisms to foster growth and employment.”
“Initiatives through “Make in Odisha” will provide impetus to the Micro, Small and Medium Enterprises (MSMEs) in the state. The MSME sector not only contributes significantly to the GDP of the country but also generates employment for the skilled and unskilled labour.”
“Various schemes have been launched by the government to promote and boost entrepreneurship development and skill enhancement. The government has also introduced several schemes for financial and social inclusion for the vulnerable sections of society to provide them adequate protection and security,” he added.
Naveen further explained that the implementation of GST in India would enhance investor confidence, promote transparency and good governance in the corporate environment.
Speaking about the role of cost and management accountants in the initiatives of government, he encouraged them to suggest suitable strategies by resource mapping to increase efficiency and productivity for sustainable economic growth of the state and the nation.