MSMEs contribute to nation building, provide employment to millions: Piyush Goyal
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Union Commerce and Industry Minister, Piyush Goyal has said that an MSME should not be looked upon as merely a small enterprise, its thinking should not be small or negative since MSMEs are a big force, they are successful, they are the strength of the nation, are giving employment to millions of countrymen and contribute to nation building.
Commerce Minister further said that innovative ideas and new ways of doing things are the hallmark of the entrepreneurs of MSMEs. He said the entire ecosystem around big industries and enterprises comprises of thousands of MSMEs, without whom they cannot succeed, adding that MSMEs act both as a suppliers and customers of big industries.
Besides, Goyal pointed out that MSMEs play an important role in tourism and infrastructure development of the country and have a big share in India’s exports. The growth of this sector is vital for the country and a focus area for the government. Commerce Minister also said ‘When 140 crore countrymen get together to contribute in nation building, India will become a developed nation by 2047 and we can ensure prosperity for all.’
