Odisha to transform Women SHGs into SMEs

The Odisha government is going to set up micro industries parks in all 30 districts.

Odisha SMEs

The Odisha Government will soon transform Women’s Self-Help Groups (SHGs) into Small & Medium Enterprises (SMEs), announced Chief Minister Naveen Patnaik at plenary sessions on Building economic independence for women.

Addressing the session CM Patnaik said, “We have six lakh women Self Help Groups working in Odisha, now the goal of the state government is to transform these SHGs into SMEs. We are prepared to run the extra mile to make this happen.”

CM further said, “lakhs of women of Odisha will be benefited by the decision of the state government to provide interest-free loans of up to five lakh rupees to the women under Mission Shakti.” He added that the Odisha Cabinet had decided to procure goods and services worth 5000 crores from SHGs in five years and about 1 lakh SHGs are benefiting from this.”

Also Read: Govt issues Drone Rules 2021 to boost domestic manufacturing

Stating that our aim is to further strengthen the Mission Shakti Federations and turn them into vibrant financial hubs, the CM announced that a revolving fund of Rs 1 crore will be given to each district federation, and a revolving fund of Rs 50 lakhs will be given to each block level federation.

Explaining that women have a big role in the transformation of Odisha, the Chief Minister declared that he is committed to the overall empowerment of women. He stated that Mission Shakti, which started in 2001, today has become a huge force of seventy lakh empowered women of Odisha, For my government, women empowerment is not just a slogan, it is a non-negotiable code. It is a sacred responsibility.