CM Majhi Launches MSME Parks, WEP Odisha Chapter on MSME Day
Synopsis
Key Takeaways
Odisha Chief Minister Mohan Charan Majhi on Saturday, 27 June 2026 attended the 'Udyami Odisha' programme at Lok Seva Bhavan, Bhubaneswar, marking International MSME Day with a series of infrastructure launches and a new platform for women entrepreneurs.
Context
The event saw the inauguration of two Multi-Product MSME Parks in Ganjam and Kalahandi districts, along with a Rice Milling Cluster in Baleshwar. A foundation stone was also laid for a Rasgola Cluster at Pahala — the town historically associated with the origin of the iconic sweet — signalling the state's push to formalise and scale its regional food products.
In his post, Chief Minister Majhi stated that the government is working continuously to 'vishwastareey kariba' (make world-class) the state's regional products by strengthening industrial infrastructure and extending collateral-free credit to youth through Credit Guarantee-backed schemes.
Policy Backdrop
The launches align with the central government's Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), which has provided collateral-free loans to MSMEs since 2000 and was significantly expanded under the Atmanirbhar Bharat initiative from 2020 onwards. CM Majhi credited Prime Minister Narendra Modi's guidance as the cornerstone of the state's MSME development strategy.
Also launched at the event was the Odisha State Women Entrepreneur Platform (WEP — Odisha Chapter), developed in partnership with NITI Aayog. The platform is designed to transition women who have achieved basic financial self-reliance into job-creating entrepreneurs. NITI Aayog Vice Chairman Dr. Ashok Kumar Lahiri was present at the event, and CM Majhi extended his gratitude for the institution's collaboration.
Stakeholders and Impact
The Subhadra Yojana, the state's flagship women's welfare scheme, has already enabled more than one crore women to achieve financial self-reliance. The new WEP platform is intended to build on that foundation by providing these women with mentorship, networks, and access to capital to scale into formal enterprises.
For Odisha's youth, collateral-free credit backed by the Credit Guarantee mechanism addresses a critical barrier to entrepreneurship, particularly in districts like Kalahandi and Ganjam that have historically faced economic marginalisation. The MSME parks in these districts are expected to generate local employment and anchor supply chains around existing artisanal and agricultural produce.
The Baleshwar Rice Milling Cluster targets one of Odisha's largest agri-processing sectors, aiming to add value to paddy output and improve farmer and miller incomes. The Pahala Rasgola Cluster seeks to protect and commercialise a product with strong Geographical Indication (GI) credentials, potentially opening export corridors.
What's Next
CM Majhi called on all stakeholders to work collectively toward taking Odisha's economy to $500 billion by 2036, framing the day's announcements as steps toward a 'Samridha Odisha, Vikasit Bharat' (Prosperous Odisha, Developed India). The immediate milestones to watch will be the first-unit operationalisation of the newly inaugurated MSME parks and the district-level rollout of the WEP-Odisha Chapter across the state.