Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

MSME sector to contribute 50% to India’s GDP: Gadkari

IANS
Updated: July 4th, 2019, 20:09 IST
in Business
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: Union Minister Nitin Gadkari told the 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. He also stated Thursday that the target is to 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’”.

Also Read

Odisha, BJD, BJP, Congress, Petrol, Diesel, Fuel,

Opposition targets Odisha govt over long queues at petrol pumps

57 minutes ago
India's export - West Asia crisis

India’s exports in April up 13.78% to $43.56 billion

1 hour ago

Gadkari asserted that the target should always be set high. “Sometimes it is fulfilled and sometimes we fail to fulfil 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,” Gadkari stated.

Congress leader in the Lok Sabha, Adhir Ranjan Chowdhury, countered Gadkari’s claims and reminded him of Prime Minister Narendra Modi’s promise before the 2014 general elections to create two crore jobs every year.

In his response, Gadkari said: “If I have said something and failed to do so, kindly let me know. I have done every work if I have promised to do.”

The Road Transport and Highways Minister noted that the opposition has every right to question him if he fails to fulfil the promises.

“This target would also be completed like the way I completed the targets set for road construction,” Gadkari asserted.

The Minister also announced that the government would soon launch a marketing website on the lines of China’s Alibaba and America’s Amazon, to promote marketing for the MSME sector and khadi (handloom) products.

Responding to a query on the poor condition of sugar mills, Gadkari suggested that mill owners should now focus on manufacturing ethanol instead of producing the sweetener. He said that sugar mills are not in good shape and are struggling. “Do not start a sugar mill, even by mistake. They are in bad shape,” he informed.

IANS

 

Tags: GrowthJobsMSMENitin GadkariROAD CONSTRUCTION
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019

Archives

Editorial

Xi-Trump Tete-a-Tete

Pic- AP
May 13, 2026

Finally, the much-awaited meeting between US President Donald Trump and his Chinese counterpart Xi Jinping is taking place. Trump’s three-day...

Read moreDetails

PM’s Prescription

Narendra Modi - Women's Reservation Act
May 12, 2026

When Prime Minister Narendra Modi urged the people in the country on 10 May to curb fuel use, reduce overseas...

Read moreDetails

Biased Neutral

Tamil Nadu elections
May 11, 2026

The framers of the Constitution envisaged the office of the Governor as a neutral constitutional authority, detached from partisan politics...

Read moreDetails

Diplomatic Reset

Power of Continuity
May 9, 2026

Every few years, India calls in its envoys for a reality check. At the 11th Heads of Mission Conference recently,...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST