Centre aims to increase MSMEs share in GDP to 40%: Nitin Gadkari
Addressing a workshop at the Mahatma Gandhi International Hindi University at Wardha in Maharashtra, Union Minister Nitin Gadkari pointed out that village industries and Khadi generate as much as Rs 88,000 crore on an annual basis
PTI | February 7, 2021 | Updated 09:17 IST
Union Minister Nitin Gadkari emphasised that a policy has to be made to empower the poor
The government aims to increase the MSME sector s share in the GDP to 40 per cent to benefit the rural poor, Union Minister Nitin Gadkari said.
Currently, around 6.5 crore micro, small and medium enterprises (MSMEs) contribute 30 per cent to GDP.
Union minister Nitin Gadkari called for lasting and transformative changes at the village level through innovative, research-based technology specially adapted for rural areas.
Govt aims to raise MSMEs share in GDP to 40%: Nitin Gadkari
Currently, around 6.5 crore micro, small and medium enterprises (MSMEs) contribute 30 per cent to the GDP. PTI
PTI
The government aims to increase the MSME sector s share in the GDP to 40 per cent to benefit the rural poor, Union Minister Nitin Gadkari said.
Currently, around 6.5 crore micro, small and medium enterprises (MSMEs) contribute 30 per cent to the GDP.
The minister emphasised that a policy has to be made to empower the poor.
We are not in favour of westernization, but we are in favour of modernization, in the villages. This is the time for socio-economic transformation, the MSME minister said.