HYDERABAD: India is expected to become the largest exporter of PPE kits in the next six months, Nitin Gadkari, Union minister of road transport & highways, micro, small & medium enterprises (MSME) said during a virtual interaction with Hyderabad-based premier B-School Indian School Business (ISB) faculty on Monday. “Our MSMEs are making 5 lakh PPE kits per day and now we are trying to get permission to export it and I am confident that within six months India will be the largest exporter of PPE kits,” he said. As per industry estimates, India is the second-largest PPE kit manufacturer in the world following China. He also said that a competitive financial system has to be created in the country to
(Representative image)NEW DELHI: Union minister Nitin Gadkari has said there is "no arbitrary stopping of goods" at Indian ports and the government is initiating path-breaking reforms to help MSMEs and businesses and make the country self-reliant. The road transport, highways and MSME minister Gadkari has said his concerns over stopping of goods at Indian ports were "purely context specific" and he is among the strongest proponents of 'Atmanirbhar Bharat'. After a representation from a farmers and traders' body that imported agriculture equipment consignments were delayed at ports, Gadkari in a letter to finance minister Nirmala Sitharaman and commerce and industries minister Piyush Goyal had sought early clearance of the said consignments. There are reports that customs authorities at Chennai and
NEW DELHI: Congress leader Priyanka Gandhi Vadra on Saturday hit out at the BJP government in Uttar Pradesh over an employment generation programme launched by Prime Minister Narendra Modi, asking whether only "publicity" will create jobs. Modi on Friday launched the 'Atma nirbhar Uttar Pradesh Rozgar Abhiyan' seeking to promote local entrepreneurship with industrial associations to provide employment. "Yesterday, an employment event was started in UP with a lot of fanfare," Priyanka Gandhi said in a Facebook post. "Most of the categories of employment mentioned at the event are facing problems. Self-employed people are in tremendous crisis due to lack of direct financial support from the government. The condition of small and medium scale industries is so bad that it
NEW DELHI: Prime Minister Narendra Modi on Tuesday asserted that there is a need to boost health infrastructure with emphasis on testing and tracing and also economic activitiy should be increased. His remarks came at the sixth interaction with Chief Ministers to discuss the situation emerging post Unlock 1.0 and plan ahead for tackling the Covid-19 pandemic. "On the one hand, health infrastructure will need to be boosted with emphasis on testing and tracing, economic activity will also need to be increased. The decisions need to be taken keeping in view both current needs and future requirements," the Prime Minister said. Prime Minister noted that with the efforts of the past few week, green shoots in the economy are
NEW DELHI: BJP president JP Nadda said on Saturday that public sector banks (PSB) have sanctioned loans worth Rs 24,260 crore to 5.46 lakh MSMEs under 100 per cent Emergency Credit Line Guarantee Scheme within 14 days of the launch of the "Aatmanirbhar Bharat" campaign. "Within just 14 days since the Aatmanirbhar Bharat Abhiyan was announced, PSBs have already sanctioned loans worth Rs 24,260 crore to about 5.46 lakh MSMEs under 100 per cent ECLGS. "I thank PM Narendra Modi and FM Nirmala Sitharaman for taking these bold and effective measures," he tweeted. The central government has launched the campaign to make India "self-reliant".