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National News

May 04, 2020
9:16PM

MSME Ministry working on agro MSME policy, says Nitin Gadkari

Tweeted by @AIR
Union Minister for Micro, Small and Medium Enterprises-MSME Nitin Gadkari today informed that his Ministry is working on bringing out an Agro MSME Policy. He said, it will focus on entrepreneurship development in rural, tribal, agricultural and forest areas for manufacturing of products using local raw material. Mr Gadkari was  speaking during meetings held via video conferencing with the representatives of SME Chamber of India, SME Export Promotion Council and representatives of beauty and wellness industry on impact of COVID-19 on MSMEs.

During the meeting, the Minister  called upon the industry  to ensure that necessary preventive measures are taken to prevent the spread of COVID-19. He also mentioned that there is a need to focus on export enhancement as well as import substitution to replace foreign imports with domestic production.He added that industry should focus more on innovation, entrepreneurship, science and technology, research skill and experiences to convert the knowledge into wealth.

The Minister recalled that Government of Japan has offered special package to its industries for taking out Japanese investments from China and move elsewhere. He opined that it is an opportunity for India which should be grabbed.


He further emphasized that work on new alignment of Delhi-Mumbai Green Express Highway has already started, and this is an opportunity for industry to make future investments in industrial clusters, logistics parks equipped with state-of-art technology. He opined that there is a need to expand the horizon of industrial cluster in areas other than metro cities and urged industries for participation. Mr  Gadkari also suggested to the wellness and beauty industry to encourage use of Indian Ayurvedic products instead of imported products. 

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