ASSOCHAM proposes 16 new PPP based clusters in Odisha
Balasore, Bhadrakh, Clusters, Dhenkanal, Mayurbhanj, MSE - medium and small enterprises, MSMEs, Puri June 9th. 2011, 10:59amFollowing is from a report in Economic Times by Nageshwar Patnaik.
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) on Wednesday proposed setting up of 16 new clusters on public-private partnership [PPP] in Orissa each accommodating about 1000 units and providing direct and indirect employment close to 4 lakh people.
Releasing the ASSOCHAM study on "Cluster Development for Inclusive Growth in Orissa" National Secretary General, D. S. Rawat said, "The total funds required for basic and essential infrastructure to these clusters will be about Rs. 480 crores. Once functional, it will contribute additional 10% revenues per annum to the exchequer, help in inclusive growth and simultaneously lead to upgradation of existing clusters.
… In the state, there are only 26 clusters in the state recognized by the Central government as against 6500 clusters in the country out of which 450 are assisted by the government. The 16 new clusters suggested by ASSOCHAM are: Palasa (Cashew), Buditi (Brass & Bell Metal), Baripada (Sabai Grass), Dhenkanal (Powerloom), Puri (Rice Mills), Bhadrak (Rice Mill Cluster), Dhamara (Ice Plant), Basudevpur (Ice Plant), Chandbali (Chuda Cluster), Tihdi (Chuda Cluster), Basudevpur (Chuda Cluster), Bhandaripokhari (Honey), Dhamara (Honey), Betaligaon (Wood Carving), Olaga (Wood Carving) and Dhusuri (Wood Carving).
The MSME sector contributes around 40% to GDP with an estimated value of goods and services around Rs. 20 lakh crore in 2009-10. The sector is estimated to employ about 5.9 crore people in over 2.6 crore units in the country and has consistently registered a higher growth rate than the rest of the industrial sector. There are over 6000 products ranging from traditional to high-tech items, which are being manufactured by the MSMEs in India.