Narendra Modi: MSMEs and textiles being Labour intensive sectors are our key pillars
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09 February 2022, Mumbai:
Modi categorically laid a stress on the fact our government is staying sharply focused to MSMEs and textiles which are greatly labour-intensive sectors for fundamentally India to move up the & thus be a part of the global value chain from the manufacturing to the service sector as a way forward being one of the significant global economies, well alluded by Hon'ble Prime Minister Narendra Modi this Monday in Lok Sabha.
*Modi said that the Centre's ₹ 3 crore package helped over 3.5 lakh MSME units, saving about 1.5 crore jobs. Participating in the debate on the motion of thanks on the President's Address, Prime Minister told Lok Sabha, that in order to protect Micro Small and Medium Enterprises (MSMEs), the government has formulated a scheme worth ₹ 3 lakh crore.
Citing SBI's data, the Prime Minister said, "Because of the government's ₹ 3 lakh crore scheme for our MSMEs sector, more than 3.5 lakh MSMEs and 1.5 crore jobs have been saved."
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*Figures mentioned in the above article have been sourced from NDTV.com article.
