Prime Minister Narendra Modi has laid emphasis on development and progress of eastern Indian states and Odisha has received maximum funds in different sectors from the Centre, said Union Minister of State for Petroleum and Natural Gas Dharmendra Pradhan.

Addressing the valedictory session of Enterprise Odisha organised by the CII here on Tuesday Pradhan said at a time when global economy was witnessing a downtrend, India has registered growth in excess of even China. 

Indian handicraft market has exported Rs.36,000 crore in business. GDP growth is higher than China. Growth rate is on an upward graph, he said. 

Odisha has an opportunity to make a mark in the world market, all that is needed is an urge to promote entrepreneurship in the state. To boost investment in the state we have to focus on volume of income and employment generation, he added. 

The CII is supporting the state government in investing Odisha and building a sustainable ecosystem in the state.

They should focus on rationalisation of the tax system and make investment friendly policies. Balanced development of the nation depends on development of eastern India and to make the strategy to invest capital at the ground level. 

Skill India, Make in India and Digital India initiatives by the PM and reforms in the mining sector throw open tremendous opportunities for a state like Odisha, he said. 

Odisha can aspire to lead eastern India, PSUs like Nalco are encouraging the MSME sector and procuring items worth over Rs.400 crore from the sector, he observed.

With the Eastern states home to 80 per cent reserves of coal, iron, bauxite, a long coastline and a skilled workforce, a common strategy for growth of all five the eastern states is required for the development of the entire region, Pradhan said. 

According to him, the beautiful handicrafts made in Odisha can hit the global market instantaneously through e-commerce. 

T K Chand, Chairman & Managing Director, NALCO, said the aluminium major which procures more than Rs.400 crore worth of goods and services from MSMEs, will soon come out with a new MSME procurement policy which is focused on Odisha.