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MSME minister calls entrepreneurs to turn crisis into opportunity
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SME Times News Bureau | 02 May, 2020
In order to boost the morale of the entrepreneurs who have been
suffering due to the lockdown, Union Minister Nitin Gadkari has been
talking to various stakeholders and telling them not to lose hope.
Gadkari has been using social media and other means like video
conferencing to reach out to people, entrepreneurs and industry leaders.
Gadkari
is even reaching out to foreign students, seeking their suggestions on
how to bring the battered economy back on track. He believes only
dialogue can solve problems.
According to a top official of the
MSME ministry, Gadkari makes a point in all meetings that there is a
need to convert this crisis into an opportunity. "He tries to instil a
sense of hope amidst all the gloom. It has positive impact on the
stakeholders as it is coming from none other than a minister," the
official said.
He held a talk 'Response to global pandemic,
Roadmap for India' with students of Indian origin living in 43 countries
including Britain, Canada, Singapore and Australia recently. During the
talk he appealed to them to play an active part in the fight against
the coronavirus and said that the youth have the ability to take the
country forward. He asked them to work on innovative ideas in this
direction. He also asked them to take advantage of the situation arising
from the world's disillusionment with China.
During a recent
meet with representatives of Assocham on reviving the MSME sector,
Gadkari said that the Japanese government has recommended a special
package for its industry to pull out of China and invest elsewhere.
Gadkari termed it a big opportunity for India to take advantage of the
situation. "There is a need to forge new partnership to establish joint
ventures in India to attract global firms. We need to meet the global
demand apart from meeting domestic demand as many companies now want to
get out of China."
Gadkari also emphasised on the need to lessen
the burden of big cities such as Gurugram, Delhi and Mumbai as economic
drivers. He said there is a need to create economic and industrial
clusters outside the big cities to drive growth.
Gadkari said
currently work on 22 expressways is going on at a fast pace. The
Delhi-Mumbai Expressway is one of them where there is an opportunity of
investment in IT Parks, Logistics and industrial units.
Gadkari
has spoken to representatives of Ficci, Assocham, CREDAI and leaders of
other business organisations since the lockdown came into force on March
24.
According to ministry officials, Gadkari has reached out to
at least 10,000 industry leaders during the lockdown period and has
discussed its economic fallout and how to revive the economy post
lockdown.
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
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87.50
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84.65 |
Euro
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78.25
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75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
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