|Image credit: indianchamber.org|
The industrial base needs to be diversified so as to create new industrial policies, generate employment schemes, provide incentives, develop the tourism sector and promote manufacturing within the country itself. Large scales investments need to be done in order to facilitate business relations. Micro, Small and Medium Enterprises (MSME) Development Policy, 2009 focused on key issues like credit, marketing, infrastructure and technology. The Odisha Export Policy-2014 has also been approved by government so as to facilitate export policies.
The state is a home to many steel and mining sectors that lead to an economic boosting of the state. Many industries have been set up which generate employment opportunities and increase the productivity level. Also in terms of energy efficient Odisha is supplying 24-hours power supply to the state. Odisha is also involved in energy conservation and utilizes the renewable sources of energy. Odisha is also improving the levels of higher education and is becoming a hub for higher education. The quality of education is also improved bringing in equity. State higher education council has also been formed so as to improve technical education and skill development.
Article by Anisha Dutta
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