Centre Sets High Hopes From Micro Small and Medium Enterprises (MSME) Sector

New Delhi: Union Minister Nitin Gadkari on Thursday told Parliament that the government had set the goal of raising the micro, small and medium enterprises (MSME) sector’s contribution to India’s national income in the next five years to 50 per cent of the GDP and create five crore additional jobs in the sector.

The Minister made the announcement during Question Hour and rejected Opposition objections in this regard, saying “it was not just his tall claims”.

Nitin Gadkari said the target should always be set high. “Sometimes it is fulfilled and sometimes we fail to fulfill it. We have set a target to contribute 50 per cent to India's GDP in the next five years. We have already created 11 crore jobs and would now create over 15 crore jobs. We will create five crore additional jobs in the MSME sector which is very important,” he said while replying to a supplementary question. (IANS)

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