The Minister informed that a downstream industry policy is being formulated. The IPR also has identified priority sectors and drawn up a comprehensive plan for MSME, he said. “Odisha’s GSDP has remained above the national average and manufacturing sector that contributes around 9 per cent to state GDP would further rise to 15 pc by 2019, with the proposed 1.73 lakh crore worth of investment coming to the state. By 2022, we have an all India target to reach it to 22 per cent. As a result, around 3.3 lakh direct and indirect employment will be created in the state,” he stated.
Mishra said Odisha is ranked 7th in the country when it comes to ‘Ease of Doing Business’ and it intends to reach the top position soon. Formulation of Industrial Policy Resolution – 2015 would definitely boost the economic climate of the state, he said.