Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
11,971.8061.65
Stock Analysis, IPO, Mutual Funds, Bonds & More

Government aims to generate additional 5 crore job opportunities in MSMEs sector

The target is also increase the share of MSMEs in the country's export and growth to 50 per cent, Nitin Gadkari said.

PTI|
Dec 02, 2019, 05.22 PM IST
0Comments
ANI
gadkari-ANI
Nitin Gadkari said the ministry has established technology centres which provide services to the Indian industry by way of precision tooling, training and consultancy.
NEW DELHI: Micro, small and medium enterprises (MSMEs) have created 11 crore jobs and the target is to generate an additional 5 crore employment opportunities by 2024, Union Minister Nitin Gadkari said in the Rajya Sabha on Monday.

"MSME is the heart of the subject which is related with the growth of the country. Presently 29 per cent growth is coming from MSME and 49 per cent of the export of the country is coming from MSME. 11 crore jobs up till now have been created by MSME," MSME minister Gadkari said.

"For this five year (2019-2024), we have taken programmes, where our target is to" add 5 crore employment potential, he added.

The target is also increase the share of MSMEs in the country's export and growth to 50 per cent, Gadkari said.

He said the ministry has established technology centres which provide services to the Indian industry by way of precision tooling, training and consultancy.

Gadkari said a Rs 200 crore scheme has been sanctioned for setting up of 12 technology centres, which is expected to be completed in the next two years.

Also Read

Progressive Punjab Investors Summit to promote MSME

Govt working on policy to push MSME exports: Gadkari

Walmart to open 25 institutes to train 50,000 MSME entrepreneurs

Govt to push MSME-made goods through e-tailers

YES Bank launches Bizconnect for MSME associations

Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service