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PM's Economic Package To Offer Strong Boost for MSME Sector

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Union Minister for MSMEs and Road Transport & Highways Nitin Gadkari has welcomed the Prime Minister's relief package worth Rs 20 lakh crore. He said, through this historical package, the Prime Minister has fulfilled the expectations and aspirations of the MSME, village and cottage industry sector. Gadkari said, with abundant resources, superior technology and raw materials, India can soon become self-reliant in all sectors. He said, the Prime Minister has also envisioned India as a super economic power in global economy. The Minister said, the nation will remember this gesture of the Prime Minister for a very long time. He said, PM's support to this sector which gives employment to over 11 crore people and contributes by nearly 29% of GDP. He expressed confidence that the MSME, village and cottage industry sector will grow to new heights with the support of this package.

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First Published: May 13 2020 | 3:00 PM IST

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