SME Times News Bureau | 04 May, 2020
for MSME and Road Transport and Highways Shri Nitin Gadkari today informed that
Ministry is working on bringing out an Agro MSME Policy which will focus on
entrepreneurship development in rural, tribal, agricultural and forest areas
for manufacturing products using local raw material.
speaking during meetings held via video conferencing with the representatives
of SME Chamber of India, SME Export Promotion Council and representatives of
beauty and wellness industry on impact of COVID-19 on MSMEs.
Gadkari called upon the industry that it is needed to be ensured by industries
that necessary preventive measures are taken to prevent the spread of COVID-19.
He emphasized on usage of PPE (Masks, sanitizer etc.) and advised to maintain
social distancing norms during business operations.
Union Minister mentioned that there is need to focus on export enhancement as
well as import substitution to replace foreign imports with domestic
added that industry should focus more on innovation, entrepreneurship, science
and technology, research skill and experiences to convert the knowledge into
Minister recalled that Government of Japan has offered special package to its
industries for taking out Japanese investments from China and move elsewhere.
He opined that it is an opportunity for India which should be grabbed.
further emphasized that work on new alignment
of Delhi-Mumbai Green Express Highway has
already started, and this is an opportunity for industry to make future
investments in industrial clusters, logistics parks equipped with state-of-art
technology. He opined that there is a need to expand the horizon of industrial
cluster in areas other than metro cities and urged industries for
Gadkari suggested to the wellness and beauty industry to encourage use of
Indian Ayurvedic products instead of imported products. The Minister informed
that Ministry of MSME has signed an MoU with AYUSH Ministry to promote the
AYUSH sector through various schemes of Ministry of MSMEs in the areas of
training, skilling, handholding and entrepreneurship development. He also
advised that members of wellness and beauty industry should register under MSME
so that they could benefit from various schemes of the Ministry of MSME.
interactions, the representatives expressed concerns regarding various
challenges being faced by various MSMEs amid COVID-19 pandemic along with few
suggestions and requested support from the government to keep the sector
of the major issues highlighted and the suggestions given included: further
extension of moratorium, payment of salaries to workers during lockdown from
their ESI and Provident Fund, helpline for MSMEs, strengthening access to
Gadkari responded to the questions from representatives and assured all
possible help from the government. He informed that he would take up the issues
with related departments. He mentioned said that all stakeholders must adopt an
integrated approach to come over the crisis and urged the industry to have a
positive attitude during this time to tide over this crisis.