Bhubaneswar: In the Make In Odisha (MIO) Conclave’ 22, Business Leadership Talks are being organised on Day 1, which will bring together Industry leaders, strategists, domain experts, thought leaders and entrepreneurs on the MIO platform to discuss the emerging opportunitiesin the world of business across sectors.
A Business Leadership talk is being organised by the State Finance Department today to deliberate on “Emerging Solutions for Financing Industries & Infrastructure”. The discussion will focus on two sub-themes, namely, “Emerging Solutions for Financing industries” and “Financing Infrastructure and HR requirement in Financial Sectors”.
During the session, MoUs will be signed between Odisha Government and the Bombay Stock Exchange and the National Stock Exchange for assisting MSMEs to access capital markets for seeking funding and listing on BSE/ NSE.
By partnering with BSE and NSE, Government of Odisha intends to enhance capacities within MSMEs and PSUs to expand and access fund from alternative sources. These initiatives align seamlessly with the 5T framework of the State.
The panelists for the session include SS Mundra, Chairman BSE, Ramann, CMD, SIDBI, Mahadeo Jaiswal, Director lIM Sambalpur, Moazzam Mekan Hub Leader, South Asia, International Finance Corporation, Rachana Bhusari, Vice President, NSE and PR Jaishankar, MD, IIFCL. The discussion shall be moderated by Vishal Dev Principal Secretary Finance Department.
The session is expected to be attended by representatives from diverse sectors including industries, trade, banking and financial institutions. During the session some forward-looking initiatives shall be announced. This includes, launching of electronic Bank Guarantees (e-BG) in collaboration with National E Governance Services Ltd. (NESL).
This initiative will substantially reduce the time taken for issuance and verification of Bank Guarantee and will dispense physical documentation.
With a robust industrial & infrastructure blueprint prepared by the State Government, this meaningful engagement with business leaders would facilitate enhancing the ease of doing business in Odisha, and also guide on new models of project implementation in PPP, and credit availability to industries leading to industrial and economic growth of the State.
