-Financial Express Ease of Doing Business for MSMEs: Former MSME Minister Nitin Gadkari in 2020 had set a target of increasing MSMEs’ share in exports to 60 per cent from 48 per cent and 5 crore additional jobs by 2025 apart from the jump in GDP share. Ease of Doing Business for MSMEs: Increasing MSMEs’ contribution to India’s gross domestic product (GDP) from nearly 30 per cent to 40 per cent by...
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Gadkari launches India’s first CNG Tractor -Shreya Nandi
-Livemint.com * With this, farmers will be able to save more than ₹1 trillion annually on fuel cost, which will help them to improve their livelihood, Nitin Gadkari said * It is safer as CNG tanks come with a tight seal, which reduces the possibility of explosion while refueling or in the event of a spill, the minister said New Delhi: Union road transport and highways minister Nitin Gadkari on Friday launched India’s...
More »Govt aims to increase MSME contribution to 40% of GDP: Nitin Gadkari -Jahnavi Nidumolu
-Livemint.com * The Union minister said that industries in village and Khadi generate as much as Rs.88,000 crore on an annual basis * So that the rural poor are benefited, he said the government's aim is to increase the contribution of the MSME sector to 40% from 30%, stating that there are 6.5 crore units Nitin Gadkari, Union Minister for Micro,Small & Medium Enterprises (MSME) and Road Transport & Highways, has suggested to...
More »Govt to set up Driver Training Centres in tribal areas, 115 poorest districts -Avishek G Dastidar
-The Indian Express Union Minister Nitin Gadkari said that those from economically and socially backward classes can benefit from this programme as India has a shortage of around 22 lakh drivers. New Delhi: Citing the shortage of drivers in India, the government is working to set up Driver Training Centres in tribal areas and in the 115 poorest districts in the country. Union Minister Nitin Gadkari said that those from economically and socially...
More »Can India decouple itself from Chinese manufacturing? -Ananth Krishnan
-The Hindu India faces challenges linked to infrastructure and skill sets; and its policies are unpredictable The border clashes with China and the COVID-19 pandemic have reignited questions about India’s dependence on Chinese manufacturing. India’s imports from China in 2019-2020 reached $65 billion, out of $81 billion two-way trade. Is the pandemic, as Union Minister Nitin Gadkari said last month, a “blessing in disguise” for Indian manufacturing? Will companies be able to...
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