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Nitin Gadkari asks MSMES to enlist on stock exchanges

He urged PHD Chamber and entrepreneurs to contribute to the government’s “Waste to Wealth” mission.

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Last Updated: Oct 01, 2019, 02.07 PM IST|Original: Sep 30, 2019, 02.10 PM IST
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He outlined several steps his ministry had taken to improve agriculture and infrastructure and encourage the MSME sector.
Union Minister of Road Transport and Highways and Ministry of Micro, Small and Medium Enterprises Nitin Gadkari has urged the industry to take advantage of the various policies by the Central government and invest in the agro processing and infrastructure to achieve India’s aim of becoming a $5 trillion economy.

Addressing the 114th Annual Session of PHD Chamber of Commerce and Industry here, Gadkari, in a statement, said that the MSME sector contributes 29 per cent to India’s GDP. He urged MSMEs to register themselves with the stock exchanges, which would help them gain easy access to capital.

He outlined several steps his ministry had taken to improve agriculture and infrastructure and encourage the MSME sector. He urged PHD Chamber and entrepreneurs to contribute to the government’s “Waste to Wealth” mission. He also spoke about the various steps he had taken to improve Delhi’s air and water. “We are spending Rs 50,000 crores on building roads in Delhi. We plan to make Delhi pollution-free in two years,” he said in a statement.

President PHD Chamber, Rajeev Talwar, observed that the success of India will depend on the manufacturing sector. He appreciated the steps taken by the Central government to encourage entrepreneurs including lowering of corporate tax and streamlining of GST, among others.

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