Special Focus on MSME sector:Pratap Sarangi

 

Bhubaneswar: The Narendra Modi government will lay special emphasis on Micro, Small and Medium Enterprises (MSME) in the forthcoming budget, which could be presented in July.

Informing this, Union Minister of State for MSME Pratap Sarangi said the MSME sector will see radical transformation in the days to come, providing employment opportunities to both the poor and the youth. “The sector generates maximum number of employment opportunities after the agriculture sector,” he said.

 

We will take strides in the sector,” he told reporters during the first visit to Odisha after being sworn in as a Union Minister in the Narendra Modi 2.0 Cabinet.

This will be the first full-scale budget of the Modi government. It is believed that employment creation will be the central theme of the budget.

To another question, Sarangi said all steps are being taken for farmers engaged in coconut cultivation in the state.

 

and Medium Enterprises (MSME) in the forthcoming budget, which could be presented in July.

Informing this, Union Minister of State for MSME Pratap Sarangi said the MSME sector will see radical transformation in the days to come, providing employment opportunities to both the poor and the youth. “The sector generates maximum number of employment opportunities after the agriculture sector,” he said.

“We will take strides in the sector,” he told reporters during the first visit to Odisha after being sworn in as a Union Minister in the Narendra Modi 2.0 Cabinet.

This will be the first full-scale budget of the Modi government. It is believed that employment creation will be the central theme of the budget.

To another question, Sarangi said all steps are being taken for farmers engaged in coconut cultivation in the state.

 

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MSME Ministry Aims to Boost Economic Growth, Create Jobs, Says Nitin Gadkari

MSMEs that contributes 45 per cent in the country's exports, 25 per cent to the GDP and over 33 per cent to the manufacturing output, bears significant potential to affect country's economic growth, said Gadkari.

PTI

Updated:June 4, 2019, 1:28 PM IST

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Nitin Gadkari take charge of the Ministry of Road Transport and Highways. (Image: Twitter/ANI)

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New Delhi: The MSME ministry will work with its commerce counterpart to identify goods being imported by India and look at the possibility of manufacturing them here by micro, small and medium enterprises, Union Minister Nitin Gadkari said on Tuesday.

Gadkari, who took charge of the ministry here, said that the MSME sector contributes significantly in pushing the country's economic growth and creating employment. Small scale industries need to be promoted to further push the country's growth, he told reporters.

"We have asked our secretary and economic advisor to study with the commerce ministry about the goods, which we are importing and if they can be manufactured by small-scale industries here," Gadkari said. The move would help in cutting import bill of the country.

 

He also said that the ministry would focus on supporting micro units and village industries to promote rural economy and create jobs. Raw materials like stubble which are available in rural areas can be used by small units to manufacture different products, he added.

"MSMEs can help promote economic growth and create jobs," he said, adding that the ministry is looking at what more can be done for the same. Further he said that the ministry would look into the reasons which are leading to closure of small units.

MSMEs contribute around 45 per cent in the country's exports, about 25 per cent to the GDP from service activities and over 33 per cent to the manufacturing output of India.

adkari, Lok Sabha member from Nagpur, also holds the portfolio of road transport and highways ministry. Known for his administrative prowess and innovative approach in addressing issues, he has been instrumental in pushing infrastructure development and reviving projects stuck for many years.

Minister of State in the Ministry of Micro, Small and Medium Enterprises Pratap Chandra Sarangi, who has been given the sobriquet 'Odisha's Modi', also assumed office on Tuesday. The 64-year-old Sarangi is a member of Parliament from Balasore.

A vision document will be prepared soon for mass employment generation by tapping the potentials available in rural areas, Union minister Pratap Sarangi said here on Sunday.

"We have abundant opportunities for job creation. A casual approach and lack of proper motivation and training for rural manpower failed to yield tangible result," Sarangi said.

The BJP leader was accorded a rousing welcome during his first visit to Balasore, his constituency, after taking over as Union minister of state for MSME and animal husbandry, dairying and fisheries.

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PTI

Updated: Jun 10, 2019, 06:30 AM IST

 

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A vision document will be prepared soon for mass employment generation by tapping the potentials available in rural areas, Union minister Pratap Sarangi said here on Sunday.

"We have abundant opportunities for job creation. A casual approach and lack of proper motivation and training for rural manpower failed to yield tangible result," Sarangi said.

The BJP leader was accorded a rousing welcome during his first visit to Balasore, his constituency, after taking over as Union minister of state for MSME and animal husbandry, dairying and fisheries.

 

He said animal husbandry and fish farming, both inland and marine, can be taken up in a big way as Odisha has a long coastal line. Rural youth and women can be engaged in these activities after giving them proper training, he said.

"We have to coordinate a number of activities properly and sincerely. Accountability has to fixed and timely review is necessary to ensure proper implementation," he said.

Similarly, there is ample scope for employment generation in villages by tapping local resources in different sectors, he said.