Orissa seeks nat'l institute for MSMEs

The Orissa government has urged the Centre to set up a national-level Entrepreneurship Development Institute in the state.

It has sent a proposal to the Union ministry of Micro, Small and Medium Enterprises (MSMEs) in this regard.

The move follows the recent discussions between an official of the rank of special secretary in the state industry department and officials of the MSME ministry on the project.

The industry department sent the proposal to the ministry after obtaining the approval of the government.

The state government, in its proposal, has proposed to convert the existing Institute of Entrepreneurship Development (IED) at Bhubaneswar, a nodal agency of the Orissa government, to a national-level institute for MSMEs.

The proposed national institute for MSMEs is envisioned as being in line with the National Institute of Enterprise and Business Development, Noida; the National Institute of MSMEs at Hyderabad and the Indian Institute of Entrepreneurship located at Guwahati.

Since the Union government plans to set up three such new centres in the country, the state government intends to cash in on the opportunity. The state government has offered to provide the infrastructure, including land belonging to IED, for the proposed institute.