News Details- (Get Professional Updates on Whatsapp, Msg on
8285393786) More
News
Government aiming to create 5 Cr additional jobs in MSME sector
Union Minister for Road Transport & Highways and MSME, Nitin Gadkari has said that he aims to enhance MSME contribution to GDP from about 30% to 50%; and in exports from 49% to 60%. Gadkari said that his Government is aiming to create 5 crore additional jobs in the MSME sector which presently employs about 11 crore people. Gadkari applauded the Aatmanirbhar Bharat ARISE Atal New India Challenge initiative of Niti Ayog and called for working in encouraging use new technology in finding solutions to the problems being faced in different areas ensuring value addition.
He cited the issue of excess rice which can be utilised for producing ethanol there by addressing the problem of storage on the one hand and providing green fuel to the country as import replacement on the other. Delving further on the issue he said risk taking ability in innovations/finding new solutions need to be promoted and those making bonafide mistakes in the process need to be protected.
The Minister stressed that country's growth will be further accelerated when the backward and tribal areas including the 115 aspirational districts are brought on growth trajectory. He pointed out that the Prime Minister has emphasised on the development and growth of these areas which are socially and economically lagging behind.
Gadkari also said we need to work according to spirit of the Prime Minister's vision that science should work in solving problems of common people including those from Scheduled Castes and Scheduled Tribes. The Minister further advocated broadbasing support for innovations and entrepreneurship so that bonafide new talent also get chance to grow. #casansaar (Source - Business Standard)
He cited the issue of excess rice which can be utilised for producing ethanol there by addressing the problem of storage on the one hand and providing green fuel to the country as import replacement on the other. Delving further on the issue he said risk taking ability in innovations/finding new solutions need to be promoted and those making bonafide mistakes in the process need to be protected.
The Minister stressed that country's growth will be further accelerated when the backward and tribal areas including the 115 aspirational districts are brought on growth trajectory. He pointed out that the Prime Minister has emphasised on the development and growth of these areas which are socially and economically lagging behind.
Gadkari also said we need to work according to spirit of the Prime Minister's vision that science should work in solving problems of common people including those from Scheduled Castes and Scheduled Tribes. The Minister further advocated broadbasing support for innovations and entrepreneurship so that bonafide new talent also get chance to grow. #casansaar (Source - Business Standard)
Category : MSME | Comments : 0 | Hits : 427
Get Free Daily Updates Via e-Mail on Income Tax, Service tax, Excise and Corporate law
Search News
News By Categories More Categories
- Income Tax Dept serves notices to salaried individuals for documentary proof to claim exemptions
- Bank Branch Audit 2021 - Update on allotment of Branches
- Bank Branch Audit 2020 Updates
- Bank Branch Audit 2021 Updates
- Bank Branch Audit 2020 - Update on Allotment of Branches
- Police Atrocities towards CA in Faridabad - Its Time to be Unite
- Bank Branch Statutory Audit Updates 2019
- Bank Branch Statutory Audit Updates
- Bank Branch Audit 2022 Updates
- Bank Branch Statutory Audit Updates
- NFRA Imposes Monetary penalty of Rs 1 Crore on M/s Dhiraj & Dheeraj
- ICAI notifies earlier announced CA exam dates despite pending legal challenge before SC
- NFRA debars Auditors, imposes Rs 50 lakh penalties for lapses in Brightcom, CMIL cases
- GST Important Update - Enhancement in the GST Portal
- NFRA Slaps Rs 5 lakh Penalty on Audit Firm for lapses in Vikas WSP Audit Case
- CBDT extends due date for filing Form 10A/10AB upto 30th June, 2024
- RBI comes out with FEMA regulations for direct listing on international exchange
- RBI directs payment firms to track high-value, fishy transactions during elections
- NCLT orders insolvency proceedings against Subhash Chandra
- Income Tax dept starts drive to dispose of appeals, 0.54 million at last count
- Payment of MCA fees –electronic mode-regarding
- Budget '11-12' Parliament Completes Approval Exercise
- Satyam restrained from operating its accounts
- ICICI a foreign firm, subject to FDI norms: Govt
- Maha expects Rs 15 crore entertainment tax revenue from IPL
- CAG blames PMO for not acting against Kalmadi
- No service tax on visa facilitators: CBEC
- Provision of 15-minutes reading and planning time allowance to the candidates of Chartered Accountants Examinations
- Companies Bill to be taken up in Monsoon Session
- File Service Tax Return in time as Maximum Penalty increased 10 times to Rs. 20000

Comments