Kovind to inaugurate MSME Summit for promoting ODOP on Aug 10

New Delhi, Aug 1 (KNN) President Ram Nath Kovind will inaugurate MSME summit for promoting the `One district one product’ (ODOP) scheme in Lucknow on August 10.

ODOP has been designed to promote traditional industries and spur local economy. The ODOP scheme was launched on January 25 this year.

ODOP will be launched on the sidelines of a Summit. Informing about it, MSME and Khadi and Village Industries Minister Satyadeo Pachauri said that the summit is being organized to boost the Micro, Small and Medium Enterprises sector.  

The summit aims at propelling  Yogi Adityanath government’s  flagship ‘One District, One Product’ scheme on a big scale for international branding and marketing of the theme.

The ODOP seeks to promote traditional industries  of UP to spur local economy and create jobs.

The aim of the ODOP is optimising the production, productivity and income, preservation and development of local crafts/skills and promotion of the art and improvement in product quality and skill development.

The MSME minister has directed for constituting separate committees to leverage centrally sponsored MSME schemes and implementation of ODOP.

Next month, the state reportedly plans to distribute loans to about 10,000 youth for setting up their MSME start-ups. The department is also gearing up for publicity and branding blitzkrieg for creating awareness about different schemes and attracting investors on the back of fresh policies announced by the government.

UP is uniquely famous for product specific traditional industrial hubs across 75 districts viz. Varanasi (Banarasi silk sari), Bhadohi (carpet), Lucknow (chikan), Kanpur (leather goods), Agra (leather footwear), Aligarh (lock), Moradabad (brassware), Meerut (sports goods), Saharanpur (wooden products) etc.