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MSMEs backbone of economy, can help in boosting exports: Gadkari
Oct-30-2020

Union Minister Nitin Gadkari has said that micro, small and medium enterprises (MSMEs) are the backbone of the Indian economy and can help in boosting exports. He said ‘we are giving highest priority for how we can reduce our import and increase our exports’. He noted that the global economy is an open platform where the quality, cost and scale of marketing of products are very important factors.

Gadkari has stated that the government wants to create more employment in the backward and tribal areas. He also said ‘we want to recognise, respect, support and facilitate women entrepreneurs and at the same time we want to incentivise them’. He noted that through the Khadi Gram Udyog, the government is now concentrating on village industries and areas which are socially, economically and educationally backward.

The minister said ‘we want to focus on these areas where we need more concentration for gaining and creating employment potential and growth. And that is exactly the way of eradication of poverty, which is our mission. They need guidance, innovation and technology and that is where we need to help them.’

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