- Supports aspiring nano-entrepreneurs with structured entrepreneurship development training.
- Helps beneficiaries access formal credit from banks and financial institutions.
- Offers mentoring and handholding support to help enterprises grow sustainably.
- Aims to strengthen small-scale, nano-level enterprises across the state.
- The concerned authority has not released any helpline number for the Udyami scheme yet.
- For more info, beneficiaries can contact the Odisha MSME Department
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Summary of the Scheme
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|---|---|
| Name of Scheme | Odisha Udyami Yojana (Budget Announcement) |
| Benefits | Entrepreneurship development programmes, formal credit linkages, mentoring, and handholding support. |
| Beneficiary | Nano-entrepreneurs of Odisha |
| Nodal Agency | Not officially confirmed |
| Subscription | Subscribe here to get Update Regarding Scheme |
| Mode of Apply | Not officially announced yet |
Odisha Udyami Yojana
Starting a small business is hard without training, credit, and guidance, especially for first-generation entrepreneurs in rural and underserved areas. The Odisha Udyami Yojana is a proposed scheme announced by the Government of Odisha in the 2026-27 state budget to support nano-entrepreneurs with entrepreneurship training, access to formal credit, and ongoing mentoring.
Latest Update
The scheme has been announced, but its official implementation is still pending. A report published on 23 October 2026 stated that the Finance Department had sought clarification on how the scheme would be implemented and whether it overlaps with existing entrepreneurship programmes. The government has not yet confirmed the final eligibility criteria, documents, application dates, or application procedure.
Scheme at a Glance
- Target: 6,000 nano-entrepreneurs
- Proposed outlay: ₹40 crore over two years
- Focus: First-generation entrepreneurs, particularly skilled youth from rural and underserved areas
- Nodal agency: Not officially confirmed
Proposed Benefits
- Entrepreneurship development programmes covering business planning and enterprise management
- Credit linkages with banks and formal financial institutions
- Mentoring to help entrepreneurs plan and manage their businesses
- Handholding support to help enterprises grow sustainably
These reflect the announced objectives only. The government has not confirmed any individual grant amount, subsidy rate, or loan limit.
Not to Be Confused With
- Odisha SWAYAM Scheme: a separate, existing scheme that supports young people in starting or expanding small businesses.
- Odisha Udyam Kranti Yojana: it promises interest-free loans of up to ₹10 lakh and a 50% subsidy, but its implementation as a government scheme has not been confirmed. These benefits should not be attributed to the Udyami Yojana.
Who May Be Eligible? (Tentative)
Final criteria have not been released. Based on the scheme’s objectives, the following may apply, subject to official confirmation:
- Permanent resident of Odisha
- Aspiring entrepreneur interested in starting a nano-enterprise or small business
- First-generation entrepreneur or skilled youth
- A business plan or project proposal, if required
- Age, income, and other conditions as prescribed in the official guidelines
Documents That May Be Needed
The final list is not available. Schemes of this kind in Odisha typically ask for:
- Aadhaar card or other identity proof
- Odisha domicile or residence proof, if required
- PAN card, if required
- Bank passbook or account details
- Passport-size photograph
- Mobile number and email ID
- Business plan or project report, if required
- Educational or training certificate, if required
- Caste or income certificate, if required under the final rules
How to Apply
Applications have not opened. The government has not released an application form or portal. Once the scheme is approved by the Cabinet, the concerned nodal agency is expected to publish the official guidelines and application procedure.
Until then, interested applicants can:
- Check the Odisha MSME Department website regularly for notifications.
- Apply only through official channels once the government announces the process.
- Keep your basic documents ready, such as Aadhaar, bank details, and a simple business idea.
Contact
No helpline number has been released for this scheme yet. For more information, contact the Odisha Micro, Small and Medium Enterprises (MSME) Department.