The state government of Orissa has been keen on the employment of youth and has therefore banks with more than 15 branches in the state to open Entrepreneurship Development Institutes (EDIS) in association with the Rural Development and Self Employment Training Institute (RUDSET Institute).

As per the government's direction, State Bank of India (SBI), UCO Bank, Andhra Bank, Canara Bank and Syndicate Bank have set up such institutes while Union Bank of India is on its process of setting up its EDI. Also the banks that have not yet started such institutes are asked to start with the process soon. For now these banks are directed to set up the institutes in any rented property and further seek for location in the districts where they intend to commence the institute. However banks have to apply to the district collector through the District Industries Centre (DICs) in which they plan to start their EDI.

The banks can also seek assistance from the National Bank for Agriculture and Rural Development ( Nabard) in the process of setting up the institute. Also they have been asked to boost the credit flow to micro, small and medium enterprises (MSMEs) in the state. The MSMEs in the state are suffering due to lack of funds and therefore banks are suggested to dispose off the pending loan applications under MSME category.

Meanwhile the banks are recommended to make full use of Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE) that allows an entrepreneur to avail loans up to Rs 50 lakh without providing collateral. This move is likely to enhance the credit flow under the SME segment.

The State Level Bankers' Committee (SLBC) has also made a plan to improve the state's credit-deposit ratio as well as raise the differential rate of interest (DRI) loans amount to 1% of the total advances. This action comes under the financial inclusion plan that has to be completed by 2009 in the entire state.

Also banks that have taken up the handloom cluster should provide the basic finance to those clusters and banks that have not taken up any such kind should adopt clusters recognized under the textile and handloom department of the Orissa government. Moreover the banks are asked to finance projects related to farm mechanization, Jalanidhi programme and the likes to boost up crop production in the state.