In spite of several measures taken by the Govt. of Odisha to promote industrialization , it's tardy

'In spite of several proactive measures taken by the Government of Odisha to promote industrialisation in the State, it remains tardy and slow.' Explain.

The Government of Odisha has taken several proactive measures to promote industrialization in the state, but despite these efforts, the process of industrialization has been slow and sluggish. Some of the key measures taken by the government include:

Setting up of industrial parks and estates: The government has established a number of industrial parks and estates in different parts of the state to provide infrastructure and facilities to industries. These parks and estates have been set up with the aim of attracting investment and promoting industrial growth.

Providing financial incentives and subsidies: The government has provided financial incentives and subsidies to industries to encourage them to set up operations in the state. These incentives and subsidies include tax exemptions, reduced land rates, and subsidies on power and water.

Developing transportation and communication infrastructure: The government has invested in the development of transportation and communication infrastructure, such as roads, ports, and airports, to improve connectivity and make it easier for industries to transport goods and raw materials.

Promoting entrepreneurship and innovation: The government has also taken steps to promote entrepreneurship and innovation in the state. It has established incubation centers and supported startups and small businesses through various initiatives.

Despite these efforts, industrialization in Odisha has been slow and sluggish due to a number of challenges. Some of the key challenges include:

Lack of skilled labor: There is a shortage of skilled labor in the state, which has limited the growth of industries.

Limited access to finance: Many industries in the state face challenges in accessing finance, which has hindered their growth and expansion.

Poor infrastructure: The state's infrastructure, particularly in terms of roads and ports, is not well-developed, which has made it difficult for industries to transport goods and raw materials.

Lack of support for small businesses: Small businesses in the state often struggle to access the necessary support and resources to grow and succeed.

Overall, while the Government of Odisha has taken several proactive measures to promote industrialization in the state, it has faced a number of challenges in doing so. To overcome these challenges and accelerate the process of industrialization, it will need to address the issues of skilled labor, access to finance, and infrastructure development, among others.