Gadkari hails Centre's relief package, says MSME new definition to boost industry

Agency News

New Delhi, May 18: Union Minister Nitin Gadkari on Sunday said that the relief package announced by the Union Government for different sectors and the new definition of MSMEs will give huge boost to industry. He called for exploring the rating of MSMEs and asked the participants to give suggestions for effective implementation of Fund of Funds announced as part of the package for MSMEs.

Gadkari, while addressing meetings with the representatives of Business Network International and MM Activ Sci-Tech Communications via video conferencing on ''Impact of COVID-19 on MSMEs'' and ''Future of Indian Industry after Rs 20 lakh crore package'' respectively, said that there is need to explore Agro MSME and Fishing MSME sector. Mr Gadkari stated that all the stakeholders including the government are facing challenges due to the COVID -19 outbreak. (UNI)