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photoBy AP Bureau

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Bhubaneswar, 21st May : Entrepreneurs in the Country need smooth access to finance and markets. Apparently, the small and medium enterprises be linked to national and international marketing entities through web-based technology to have a greater market access. The deliberation was made by Dr. Raghuram G. Rajan, Governor,  Reserve Bank of India, at the 4th Lecture in Odisha Knowledge Hub (OKH) lecture series here on Saturday.

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Dr. Rjan focused on regulatory and administrative reforms for growth of entrepreneurship.   He said that the regulatory norms should provide the scope for ‘easy entry to and exit from’ the enterprises along with ‘basic safety net’ for entrepreneurs and workers.  He emphasized on capacity enhancement of people to derive benefit from reforms and improving skill base in society.

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Dr. Rajan went on to add that, the light regulations and system of self certification would be more helpful for small and medium enterprisers to navigate through bureaucratic system.  He also suggested that the front-line   regulators like inspectors and field officers be updated with new reformative initiatives of Government for promotion and growth of enterprises.

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Ministers, MLAs, Principal Secretaries, Secretaries along with senior functionaries from both Central and State Govt. participated in the programme. The programme was also video linked to all 30 districts from where collectors and senior officers the districts participated in discussion.  Minister, Finance Pradip Kumar Amat presented the ‘Odisha moment’ to Dr. Rajan as a mark of honor.

May 23, 2016 • No Comment