Saturday, 24 October 2020

Govt aiming to create 5 crore jobs in MSME: Nitin Gadkari

Updated: September 10, 2020 1:16 pm

Minister for MSME Nitin Gadkari has said that Government aims to enhance MSME contribution to GDP from about 30 per cent to 50 per cent and in exports from 49 per cent to 60 per cent. Speaking at a virtual meet organised to launch Aatmanirbhar Bharat ARISE Atal New India Challenges by NITI Aayog yesterday, Mr Gadkari said, Government is aiming to create 5 crore additional jobs in the MSME sector which presently employs about 11 crore people.

He applauded the Aatmanirbhar Bharat ARISE Atal New India Challenge initiative of Niti Ayog and called for using technology in finding solutions to the problems being faced in different areas ensuring value addition. The Minister cited the issue of excess rice which can be utilised for producing ethanol thereby addressing the problem of storage on the one hand and providing green fuel to the country as import replacement on the other. He said risk taking ability in innovations or finding new solutions need to be promoted and those making bonafide mistakes in the process need to be protected.

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