SME Times News Bureau | 12 Dec, 2020
Union Minister for MSME Nitin Gadkari on Saturday said that the
government is taking steps towards facilitating rural entrepreneurs and there
is a plan to increase the total turnover of Indian rural industry to Rs 2 lakh
crore.
While addressing the virtual session 'Role of MSME's in
Aatmanirbhar Bharat', Gadkari said that the government is taking steps towards
recognising and facilitating rural entrepreneurs.
"MSMEs contribute 30 per cent to India's GDP, 48 per cent to exports and
till now, 11 crore jobs have been created by the MSME sector," Gadkari
said.
According to Gadkari, to make India 'Aatmanirbhar', the focus will be on
increasing the share of the manufacturing sector from 24-26 per cent to 30 per
cent of GDP.
Highlighting the Centre's special focus on the MSME sector, Gadkari stated that
there is a plan to increase the total turnover of Indian rural industry to Rs 2
lakh crore from the current Rs 80,000 crore in the next two years.
Eradication of poverty is the biggest mission for the government, Union
Minister Nitin Gadkari said on Saturday.
Gadkari said that MSME is the backbone of the Indian economy and eradication of
poverty is the biggest mission for the government.
Speaking about rural industries and Khadi Gram Udyog, he said that the
government is focusing on rural industries along with socially and economically
backward areas.
"We want to focus on the rural industry for creating employment potential
and growth which is a potential route to the eradication of poverty, which is
our mission. The rural industry needs guidance, innovation and technology and
that is where urban India must facilitate them," he said.
"Concentrating on Gaon, Gareeb, Majdoor and Kisan is the highest priority
of the government," said Gadkari.
He further mentioned that India is at the edge of becoming one of the most
significant players in electric vehicles and urged carmakers to promote
alternative fuel.
"Swadeshi alternative in the country without compromising on quality and
cost is the main mission of Aatmanirbhar Bharat," Gadkari noted.
Speaking on job creation, he said that liquidity is needed in the market to
increase growth, generate capital investment and employment potential which are
the core factors to eradicate poverty and make India Aatmanirbhar.