Growth and productivity of small and medium enterprises in Odisha: An empirical analysis

The Micro, Small & Medium Enterprises (MSMEs) contribute significantly to value addition, employment generation, exports and overall growth and development of the country's economy. In Odisha itself MSME units are generating maximum employment next to agriculture. The MSME sector is responsible for about 40 per cent of the exports and 45 per cent of the total manufacturing output in the country. Taking into account the enormous potential of the small sector, the entrepreneurs and the policy-makers must act collectively to facilitate growth in this sector. In this context this paper provides and delineate concerning the momentous role MSME in Odisha. The paper will also provide some conceptual framework of structural development of MSMEs in Odisha and also to examine estimation of productivity of small and medium enterprises on the basis their growth and performance before and after 1999-00 in Odisha.