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Small is beautiful' as appropriately remarked by E F Suchamachar is justified in the state of Odisha. Development and sustainable development is largely depended on MSME rather than on big industrial hubs. Sustainable development of any economy depend not only on large scale organized industries but also equally depend on other employment generation avenues to utilize locally available natural and human resources. Micro, Small and Medium Enterprises (MSME) is one such sector. In recent years the State Odisha has attracted multinational companies like Vedanta, POSCO and Arcelor Mitall Group (Mittal Steel NV) to set up large industries in steel, aluminum and power sectors. However, these industries facing large scale resistance by displaced people. This is also the general phenomena in other parts of the country. To mitigate the situation of displaced, it is but necessary to adopt a strategy, whereby displaced people are gainfully employed else where. It has been seen in the past, in many places, displaced people were not resettled in a manner of better living. Therefore it is necessary to have a strategy to encourage setting up of MSME units side by side of large industries, which can generate employment with lesser investment and even people without moving to urban areas in large scale as there are some traditional categories of MSME units which can be set up to utilize locally available natural resources with very less space and capital. People displaced/unemployed can be trained and suitably employed. Holistic view may be taken to mitigate the situation of displacement/unemployment cases else where in the world.'