Q) How to start MSME in the state of Odisha?

Ans- 1. Decision to be self-employed.

2. Product identification.
3. Deciding the form of ownership.
4. Preparation of preliminary project report.
5. Location of the business.
6. Acquiring industrial plot/shed.
7. Apply for registration.
8. Fixing the bank.
9. Arrangements of finance.
10. Follow sanction of loans.
11. Power connections, water supply.
12. Inviting quotation for machines/equipment.
13. Place orders for machineries & equipments.
14. Installation of machineries.
15. Appointment of personnel.
16. Procurement of raw materials.
17. Conduct trial production.
18. Preparation of a detailed project report.
19. Plan commercial production.
20. Apply for income tax and sales tax no.
21. Marketing facilities.
22. Avoiding sickness.
23. Repayment of loans.
24. Exploring export promotion opportunities.
25. Modernization & upgradation of technology.
26. Maintenance and management of finished stock.

Name- Sayantika pan

Roll no- 3118BBA059