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Govt to increase budget for MSMEs next year: Odisha CM Naveen Patnaik

Odisha Chief Minister Naveen Patnaik on Thursday said that the funds for the Micro, Small and Medium Enterprises (MSME) department will be substantially increased by the state government in the next state budget. While inaugurating the MSME Trade fair 2021 through Video conferencing, the Chief Minister said In the next financial year, the budget of MSME Department is being substantially increased. My Government will always go the extra mile to help and encourage the MSMEs to encourage them to participate and contribute in building a vibrant and globally competitive new resurgent Odisha. Stating that the impact of the Covid-19 pandemic has been far beyond the public health sector, the Chief Minister said due to restrictions which were required to control the spread of the virus, the economy has been severely affected. The MSME sector particularly has been affected and it will take a long time to recover fully, he said.

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