Friday, October 30, 2020
Home News MSME plays a key role in becoming USD 5 Trillion economy -...

MSME plays a key role in becoming USD 5 Trillion economy – Union Minister

Union Minister Pratap Chandra Sarangi believes that Micro, Small and Medium Enterprises would have an instrumental role to play in realising the centre’s dream of making India a USD five trillion economy. Minister of State of Home Affairs, G Kishan Reddy acknowledges MSME as the backbone of the Indian economy.


Also Read: GST on services or skill development?


MSME sector happens to be the second biggest contributor to the creation of jobs in India, it comes next to agriculture. Employment generation moved upwards post industrialisation progressed. The scenario happens to be very different from the past when India exported material against the import of finished goods thereby boosting the trade figures but failing to create employment within the country.

Read more.

Subscribe to our newsletter

Be in the know of all that's happening in the apprenticeship ecosystem, with a weekly digest.

MOST POPULAR