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Published from Chennai and Circulated among the trade across the country RNI TNENG/2014/59741 Wednesday, December 16, 2020 8 Pages
Recovery Faster Than Expected; Economic Indicators Encouraging; Govt Has Road Map For Recovery: PM Narendra Modi New Delhi Port Wings News Network rime Minister Mr Narendra Modi today on 12 December said that India has been through ups and downs this year and it is good that things are improving swiftly. He mentioned that while there are many challenges at hand, the government has the solutions and a roadmap to take India forward and overcome these challenges. He lauded FICCI for partnering with the government and playing an effective role in the process of nation building including in the fight against COVID-19. Speaking on the Atmanirbhar Bharat program, Mr Modi said, “Atmanirbhar Bharat Abhiyan promotes efficiency in every sector. Emphasis is being laid to re-energize technology-based industries, in which India has long-term competitive advantage.” He further
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said that this program has driven up efficiency and made Indian industry stronger and more competitive.
PM Modi also urged the industry to invest in rural areas including the
agriculture sector as the investments would open new opportunities for people in rural India. “The ambitions of rural India are increasingly on the rise. They want socioeconomic mobility, and the government is trying to fulfil these ambitions.” He further asserted that our economy, in various sectors, needs more and more bridges and not barriers so that they can support each other. “In last few years, we have initiated planned reforms and the best example of this is India being part of most inclusive banking nations,” added Mr Modi. Speaking about the broad range of reforms undertaken by the government, Dr Sangita Reddy, President, FICCI mentioned that history will remember Prime Minister Narendra Contd. on page -2
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Our Mission Is To Eradicate Poverty: Nitin Gadkari New Delhi Port Wings News Network r Nitin Gadkari, Minister for MSME, Road Transport & Highways, said that MSME is the backbone of the Indian economy and eradication of poverty is the biggest mission for the government. Addressing the virtual session ‘Role of MSME’s in Atmanirbhar Bharat’ during FICCI’s 93rd Annual General Convention, Mr Gadkari said that we aim to create employment and aid village and small industries to grow. He also said that the government is taking a step towards recognising and facilitating rural entrepreneurs. “MSMEs contributes 30 per cent to India’s GDP, 48 per cent in export and till now, 11 crore jobs have been created by the MSME sector,” added Mr Gadkari. To make India Atmanirbhar, the focus will be to increase the share of manufacturing sector from 24-26% to 30% of GDP. Highlighting the special focus of the Government of India on MSME sector, Mr Gadkari stated that
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there is a plan to increase the total turnover of Indian rural industry to Rs 2 lakh crores from current Rs 80 thousand crores in the next 2 years. Speaking about rural industries and Khadi Gram Udyog, he said that the government is focusing on rural industries along with socially and economically backward areas. “We want to focus on rural industry for gaining and creating employment potential and growth which is a
potential route to the eradication of poverty, is our mission.” The rural industry needs guidance, innovation and technology and that is where urban India must facilitate them,” he said. “Concentrating on Gaon, Gareeb, Majdoor and Kisan is the highest priority of the government,” said Mr Gadkari. He further mentioned that India is at the edge of becoming one of the most significant players in electric Contd. on page -2
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RNI No. TNENG/2014/59741 Postal Registration No. TN/CNIGPO/067/2018-2020 Posted at Pathrika Channel, Egmore, RMS, Chennai-8. Date of Publication - Wednesday, Posted on Tuesday / Wednesday