Odisha News Insight

Raghuram Rajan delivers 4th Odisha Knowledge Hub Lecture Series

Rajan-OdishaThe 4th Lecture in Odisha Knowledge Hub (OKH) lecture series was delivered by Dr. Raghuram G. Rajan, Governor, Reserve Bank of India at the Secretariat Conference hall today. Dr. Rajan focused on regulatory and administrative reforms for growth of entrepreneurship.   He said that the regulatory norms should provide the scope for ‘easy entry to and exit from’ the enterprises along with ‘basic safety net’ for entrepreneurs and workers.

He emphasized on capacity enhancement of people to derive benefit from reforms and improving skill base in society. Dr. Rajan went on to add that entrepreneurs need smooth access to finance and markets. He suggested that the small and medium enterprises be linked to national and international marketing entities through web-based technology.

The light regulations and system of self certification would be more helpful for small and medium enterprises to navigate through bureaucratic system. He also suggested that the front-line   regulators like inspectors and field officers be updated with new reformative initiatives of Govt for promotion and growth of enterprises.

Development Commissioner Sri. R. Balakrishnan introduced the esteemed speaker Dr. Rajan and outlined the objectives of OKH. He said, ‘the basic objective of this endeavor is to acquaint senior public functionaries with emerging technologies and innovations   in various priority areas of governance’.

Hon’ble Chief Minister, Sri. Naveen Patanaik witnessed the lecture from his conference hall through video conferencing. The Ministers, MLAs, Principal Secretaries, Secretaries along with senior functionaries from both Central and State Govt. participated in the programme. The programme was also video linked to all 30 districts from where collectors and senior officers the districts  participated in discussion. The Minister, Finance Sri. Pradip Kumar Amat presented the ‘Odisha Memento’ to Dr. Rajan as a mark of honor.

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