On Wednesday, Union Minister Nitin Gadkari said that his government is aiming to create employment of about 5 crores, in the Micro, Small, and Medium Enterprises (MSME) Sector within the next 5 years.
Speaking at a virtual meet organized to launch Aatmanirbhar Bharat ARISE Atal New India Challenges by NITI Ayog, Gadkari said to enhance MSME contribution to GDP from about 30% to 50%; and in exports from 49 % to 60 %.
Gadkari further applauded the Aatmanirbhar Bharat ARISE Atal New India Challenge initiative of Niti Ayog.
The Minister mentioned the issue of surplus rice which can be consumed for producing ethanol. This will consequently solve the problem of storage on one hand and providing green fuel to the country as an import substitute on the other.
The Minister stressed that country’s growth will be further accelerated when the backward and tribal areas including the 115 ambitioned districts are brought on the growth curve. He pointed out that the Prime Minister has underlined the development and growth of these areas which are socially and economically falling back.
The MSME sector presently employs about 11 crore people.
