The micro-small and medium enterprises (MSME) are among the most important pillars of the Indian economy and the government is working to make the MSME sector stronger and more developed, going forward.
Bhanu Pratap Singh Verma, India’s junior minister for the MSME sector said, “We will also work to ensure that interrelationship between the MSME sector and other important pillars of the Indian economy are further strengthened as India grows.” He urged the industry and other stakeholders to work with the government to make India a USD 5 trillion economy along with becoming self-reliant.
He said that there are 6.3 crore MSMEs in the country which are providing 11 crore jobs.
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