THEBUSINESSBYTES BUREAU

BHUBANESWAR, JUNE 27, 2026

Saying that women will be at the forefront of Odisha's economic transformation, Chief Minister Mohan Charan Majhi on Saturday launched the Women Entrepreneurship Platform (WEP) – Odisha Chapter, asserting that in a prosperous Odisha, women will not merely participate in development but lead it.

Launching the platform with the support of NITI Aayog during the Udyami Odisha MSME Programme organised on International MSME Day, Majhi described WEP as a transformative initiative that would position women as drivers of economic growth rather than just beneficiaries. "Our goal is to build an Odisha where women are job creators instead of job seekers, producers instead of consumers, and leaders instead of mere partners in development," he said.

The Chief Minister also unveiled WEP's one-year Action Plan, which will integrate Mission Shakti, the MSME Department, Startup Odisha, banks and industry bodies to provide women entrepreneurs with seamless access to finance, markets, mentorship and skill development through a single platform.

Highlighting the impact of the Subhadra Yojana, Majhi said more than one crore women have already been empowered under the scheme. Citing data from IIM Sambalpur, SBI and an AI Voice Bot Survey, he noted that women-led enterprises in Odisha have surged from 25 per cent to 53 per cent, while beneficiaries' average bank deposits have increased by Rs 6,887.

Reaffirming the government's commitment to strengthening the MSME ecosystem, the Chief Minister inaugurated a Rs 24.18-crore Rice Milling Cluster at Balasore to promote rice bran oil production and laid the foundation stone for a Rs 17.70-crore Rasgola Cluster at Pahala, which will increase daily production capacity from 7,000 kg to 11,000 kg. He also inaugurated Multi-Product MSME Parks at Barapalli in Ganjam and Kesinga in Kalahandi, each developed at a cost of Rs 10 crore, and announced plans for engineering, printing and packaging, and cashew clusters in the coming months.

Majhi said over 4.32 lakh MSMEs in Odisha have benefited from joint Central and State government initiatives. Under PMEGP, subsidies worth Rs 146 crore have been extended to 4,900 micro enterprises, with women accounting for 42.5 per cent of beneficiaries. More than Rs 23,000 crore in collateral-free loans has been provided under the Credit Guarantee Scheme, while the CM-SRIM scheme is easing the interest burden on entrepreneurs.

Noting that Odisha's merchandise exports touched Rs 95,568 crore last year, the Chief Minister said the MSME sector would be instrumental in achieving the state's ambitious target of becoming a USD 500-billion economy by 2036.

Addressing the gathering, NITI Aayog Vice Chairman Dr Ashok Kumar Lahiri hailed Odisha as a "Dynamic Odisha", citing its strong fiscal management, faster-than-national GSDP growth and leadership in the Fiscal Health Index 2026. He described women's empowerment as the cornerstone of the state's future growth and urged sustained monitoring of development goals leading up to 2036.

Deputy Chief Minister Pravati Parida said the launch of WEP marked the beginning of a new era for women entrepreneurs, while MSME Minister Gokulananda Mallik expressed confidence that women-led enterprises would play a defining role in realising Odisha's Vision 2036.