Private sector should think about marginalised section, says Gadkari

Union minister Nitin Gadkari

The private sector should think more about the marginalised sections while talking about growth, Union Minister of Micro, Small and Medium Enterprises (MSME), Nitin Gadkari said on Saturday.

"Private sector should think more about tribals, villagers, farmers and other marginalised sections while talking about growth," Gadkari said addressing the India @75 Summit: Mission 2020 event organised by the Confederation of Indian Industry (CII).

Gadkari, addressing the event through video conferencing, said the eradication of poverty and employment generation are big challenges in front of the government.

The minister underlined that MSME sector has created approximately 11 crore jobs across the country. However, the problems remain in the listing of the MSMEs, he said.

Gadkari said the country should aim to shift the population from big cities to newer smart cities and smart villages by creating livelihood opportunities there.

"Fishing industry has immense capacity to grow from one lakh crore to six lakh crore immediately," he said.

"India has talented young manpower, logistics are being improved, ports' efficiency has doubled and in such a situation one should find out what are the strength and weakness India have," Gadkari said while talking about self-reliance.

The summit organised by CII emphasised on "reinventing technology in India" by combining the best of local and global talent, innovation and capital.


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel