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

IN WAKE OF FANI: Puri SMEs await loans for revival

Dipchand Bihari, OP
Updated: June 6th, 2019, 07:00 IST
in Uncategorized
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Bhubaneswar: It has been a month since Cyclone Fani lashed Puri and devastated normal life. Small and Medium Enterprises (SMEs) in Puri, in particular, were devastated and are just limping back to life.

According to the state government, Fani affected 374 SMEs in Puri and caused losses to the tune of Rs 78 crore. The loss to unregistered units has not come into this picture. And since many SMEs shut down for a month, entrepreneurs fear huge losses.

Also Read

Representational image

Odisha: Two labourers die of suspected asphyxiation while working in septic tank in Nuapada

2 weeks ago
VSSUT

VSSUT bans ‘dupattas’ for girl students

2 weeks ago

JP Industry, a brick-manufacturing unit at Sakhigopal, had a 20,000-square ft shed before Fani struck. It collapsed in the wind. Amrit Anand Chanduka, its operator, says: “It has been a month since and we are not even in the first stage of restoration. Our brick-making machine was damaged. We lack the financial support and resources to get back on track.”

According to Amrit, the cyclone “caused losses of over 25 lakh” to the unit. “Losses are mounting as we have not opened the unit now for over a month. We used to manufacture over 20,000 bricks a day,” he said.

Reeta Industry, another brick-manufacturing unit at Malatipatpur, claimed that about 1,000 cement-packets got solidified following Fani. Buddhanath Nayak, the proprietor, says: “Each bag cost Rs 355 and our losses amounted to Rs 3.55 lakh. Structural damages for Rs 8 lakh have also happened.”

He feels insurers have nothing but promises to offer and that is spending from his own pocket on repairs.

Two rice mills at Biraharekrushnapur — Jagannath and Subhadra — are among the Fani-ravaged industries. According to mill owner Soumya Parida the machinery was damaged after the winds blew away the units’ roofs. “Over 40,000 sacks of paddy stocked there were damaged and over 600 packets of broken rice and over 300 bags of bran were also destroyed,” Parida said and added that it could take more than Rs80 lakh to bring things back to order.

Udra Utilities Pvt Ltd, a brooms and detergent manufacturing unit at Mangalaghat in Puri, which had supplies across several villages in the locality was shut for a month past Fani and has just about resumed operations.

Bijay Choudhury, the owner of the unit, says the unit suffered damages to the tune of Rs1.5 lakh. “The rain damaged over 50 bags of brooms. Each bag had 100 pieces and we lost 5,000 brooms in all. Also, raw materials for brooms and soap also got damaged,” Bijay adds.

The Assembly of Small and Medium Enterprises (OASME), a body for SMEs, has claimed that more than 600 industries in Puri were affected by Fani. Satwik Swain, the Secretary General of OASME, said: “There are 600 units in Puri, including registered and non-registered ones. The cumulative loss of property could come to about Rs 250 crore.”

“We have discussed the matter with the district collector and have urged him to enable sanction of loans with low interest. Industries that faced losses of over 80 per cent should get loan waivers. They should be given rehabilitation loans at lower rates of interests, say, 2-4 per cent,” Swain said.

Tags: OASMEPuri SMEsSatwik Swain
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

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019

Archives

Editorial

Diplomatic Delusion

Rights & Restrictions: AAKAR PATEL
August 31, 2025

To be able to correct a problem, we first have to acknowledge that a problem exists. If we do not...

Read moreDetails

Morale Matters

August 30, 2025

Delhi rarely does anything quietly. If the city sneezes, it makes the headlines. So, when the capital’s police chief was...

Read moreDetails

Hope in UK

Noel Clarke
August 27, 2025

England had its #MeToo moment when a court recently dismissed the libel claim of actor Noel Clarke accused of inappropriate...

Read moreDetails

Hindi-Chini Bhai Bhai

PM Modi, Wang Yi
August 26, 2025

This is a good moment for fruitful and significant interactions between India and China at the highest level when Prime...

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

© 2024 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

© 2024 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

    © 2024 All rights Reserved by OrissaPOST