STATE TIMES NEWS
NEW DELHI: Union Minister, Dr Jitendra Singh on Friday called for linking StartUps with Micro, Small and Medium Enterprises (MSME) sector and said that the Government headed by Prime Minister Narendra Modi is taking all measures including necessary policy changes to strengthen the MSME.
Addressing the “8th India International MSME & StartUp Summit and Expo”, as chief guest, Dr Jitendra said, this sector has played an important role in shaping the Atma Nirbhar Bharat and added that the government has substantially increased the budget in the last eight years to strengthen the MSME sector. The Minister also informed that the government is encouraging unique local products to reach the global markets and, in the process, strengthening the Indian economy. Dr Jitendra reminded the audience about the commitment of the Modi government for making MSMEs globally competitive. Referring to the introductory remarks of Rajnish Goenka, Chairman, MSME-DF, wherein he said that the MSMEs account for almost one-third of India’s economy and over 11 crore people are connected with the sector, Dr Jitendra said, even the Union Budget 2022-23 has presented a comprehensive package of policy announcements aimed at supporting the recovery of MSME, hit hard by COVID pandemic. Dr Jitendra Singh was pleasantly surprised to find huge number of Agri MSME stalls and pointed out that a new wave of Agritech start-ups has emerged in the country in the last few years and these start-ups are solving problems related to supply chain management, improper infrastructure and inability of farmers to access a wider range of markets. Dr. Jitendra Singh concluded by saying that one can’t visualise India @2047 through the prism of 2022. He said, Narender Modi’s 8 years as Prime Minister gave India vision for 2047 and laid the roadmap for the next 25 years of Amrit Kal which would witness the ascent of India as a front-rank nation in the world.