Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

DRIVERS OF GROWTH

Updated: February 6th, 2026, 07:45 IST
in Opinion
0
DRIVERS OF GROWTH

DRIVERS OF GROWTH

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Entrepreneurship is a vital driver of economic and social growth.

Innovation-driven entrepreneurship plays a crucial role in generating employment across both urban and rural regions. Entrepreneurial ventures, services, and products simplify everyday life and serve as powerful instruments for livelihood generation.

Also Read

Brahma Chellaney

Cuba & Taiwan

19 hours ago

A DEAL WITH IRAN

2 days ago

Rural Odisha stands at a decisive moment in its development journey. Long viewed primarily through the lens of agriculture, migration, and welfare dependence, Odisha’s villages are now quietly nurturing a new force of change: entrepreneurship. From women-led self-help groups processing forest produce to young graduates launching agriculture-based startups, rural entrepreneurship is reshaping aspirations across the state. The challenge before policymakers, financial institutions, and society at large is to recognise this transformation and enable it.

Another promising area is agri-entrepreneurship. Young rural entrepreneurs are experimenting with organic farming, mushroom cultivation, beekeeping, fishery-based enterprises, pearl farming, and custom hiring centres for farm machinery. Startups offering soil testing, mobile-based advisory services and farm-to-market linkages are slowly entering rural Odi sha. Such innovations are attracting educated youth back to agriculture, countering the narrative that farming is an unviable occupation.

Odisha’s rich natural resources also present immense opportunities for rural enterprises. Non-timber forest products such as forestry seeds, Sal tree resin (Dhoop-Jhuna), ma hua flowers, tamarind, and medicinal plants form the backbone of livelihoods for tribal communities. With appropriate training, processing facilities, and fair market access, these resources can support sustainable enterprises while preserving ecological balance. Similarly, rural tourism, handicrafts, and indigenous food products can tap into growing urban demands.

Despite this potential, rural entrepreneurship in Odisha faces several challenges. Access to affordable credit remains a major constraint.

While schemes like Mudra loans exist, many rural entrepreneurs struggle with bureaucratic hurdles, documentation, collateral requirements, and financial literacy.

Also, infrastructure gaps, unreliable electricity, limited internet literacy, and la ack of storage and processing facilities raise costs and reduce competitiveness.

Skill development and mentorship are equally critical. Entrepreneurship requires more than technical know-how; it demands business planning, branding, quality control, and digital marketing skills. Many rural entrepreneurs operate informally, without exposure to modern business practices. Training programmes, when available, are often short-term and disconnected from market realities. Sustained handholding, local incubation centres, and partnerships with universities, research institutions, and industries are urgently needed. Government initiatives have laid an important foundation, but they must evolve from a scheme-driven approach to an ecosystem-driven one.

Instead of viewing rural entrepreneurs merely as beneficiaries, policies should treat them as partners in development. Decentralised procurement, preferential market access for rural enterprises, and cluster-based development can boost their viability. Pancha yati Raj institutions can play an important role in identifying local entrepreneurs, facilitating land and infrastructure access, and linking them with schemes and markets.

The private sector and civil society also have a role to play. Corporate social responsibility funds can support rural incubation, technology transfer, and market linkage projects. NGOs with grassroots presence can bridge the trust gap, especially in tribal and remote areas. Financial institutions must innovate with flexible credit products tailored to rural realities, recognising cash flow cycles rather than rigid repayment schedules.

Ultimately, the success of rural entrepreneurship in Odisha will depend on a shift in mindset. Rural areas should not be seen as spaces of deficit, but as hubs of innovation rooted in sustainability and community. Young people should be encouraged to see entrepre neurship as a viable and re spectable career choice, not a last resort. Education systems must nurture problem-solving, creativity, and local relevance rather than preparing students only for earning degrees and urban employment. When local enterprises thrive, they create jobs, reduce migration, strengthen food and energy security, and foster social cohesion.

Instead of concentrating solely on the modernization of the sixty-mile coastal belt (Cuttack-Puri- Bhubaneswar region), the Government of Odisha should prioritize har nessing the entrepreneurial potential of its villages. This can be achieved by blending local knowledge with mod ern skills, and aligning state support with community ini tiative. Promoting entrepre neurship-led development in rural Odisha can provide a compelling model of inclusive and balanced growth. Howev er, the road ahead will require sustained investment and strong collaboration among stakeholders.

The writer is a scientist.

Orissa POST – Odisha’s No.1 English Daily
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019

Archives

Editorial

War Travails

War
March 11, 2026

The energy crisis engulfing the whole world is deepening with no sign of the war between Israel-USA and Iran ending...

Read moreDetails

Nepal’s Rapper PM

balendra shah
March 10, 2026

Nepal did what Bangladesh could not. Its Gen Z has transformed its pent-up anger against mainstream political parties and their...

Read moreDetails

Global Permit Raj

Permits
March 9, 2026

The insults heaped on India by senior officials of the Trump administration, including the PoTUS himself, that have become all...

Read moreDetails

Quiet Submission

March 8, 2026

By Aakar Patel I have no problem with the reality that as a nation we cannot always or even mostly...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST