RCCI pushes for revival of sick MSMEs

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Rourkela: Members of Rourkela Chamber of Commerce and Industry (RCCI) held an interactive session to discuss problems and to suggest ways for functioning of sick industrial units in Sundargarh district. The meeting also took up discussion on pitiable state of Micro Small and Medium Enterprises (MSME) in the state.

Speaking on the occasion, president of RCCI, Mahesh J Vajir, said that growth and development of industries started in 2000 after Chief Minister Naveen Patnaik assumed power in the State, he added. The government embarked upon a massive industrialization programme with focus on ‘Value addition to minerals’ for which a number of MoUs were signed for Steel, Aluminium, Power, Ferro Alloys and Port projects, Vajir stated.

The RCCI president said that industrialists from all over the country and abroad are heading towards Odisha, which expects to see economic resurgence. Development of new ports, infrastructure and railway network is contributing to GDP growth in Odisha, he observed. Sadly, the present gloom of global recession has affected economy of the country, he rued. Vajir dwelt on various hurdles faced by trade and industry and more on MSMEs problems that the entrepreneurs suffer for.

Director of Industries (DI), Nityananda Palai advocated for expeditious steps for revival of sick units through financial assistance under rehabilitation programme. Some registered MSME units have submitted their rehabilitation proposal at the GM, Regional Industries Centre (RIC), Rourkela and the Branch Manager OSFC Rourkela, he informed.

Palai added that big and small industries are an integral part of the economy. There are 2.6 million MSMEs in India providing employment to 6 crore people, he added.

The entrepreneurs suggested setting up one more Industrial Estate (IE) at Rourkela. Vajir urged the DI for providing water and power at reasonable tariff.

S K Hota, General Manager, RIC Rourkela, said, “We have received proposal from 102 sick units for their revival while these industries have to submit all-related documents that to be discussed at the district level committee in the presence of district Collector.”

IDCO and Director of Industries of the State have been planning to seek patches of land for the interested entrepreneurs to develop industries here and the officials will hold a meeting with Tahsildar of Lathikata, Panposh and Kuarmunda in this regard.
  

 

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