Published 01:53 IST, May 13th 2020
Nitin Gadkari hails PM Modi's 'historic package' for cottage industries, small enterprises
Nitin Gadkari said that PM Modi has fulfilled the expectations of the MSME, village, and cottage industry sector through this ‘historic economic package’.
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Applauding Prime Minister Narendra Modi on anuncement of Rs 20 lakh crore in ecomic relief, Union Minister Nitin Gkari said that PM Modi has fulfilled expectations of MSME, vill, and cott industry sector through this ‘historic pack’.
In an official statement, Nitin Gkari said, "abundant resources, superior techlogy, and raw materials", can India help in becoming self-reliant in all sectors.
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"Industry can never forget this support given by Prime Minister to small industries, cott industries and rural industries. Over 11 crore workers, who work in se, have been given relief. We will become a super ecomic power, come out of this crisis and walk towards development," Union Minister ded.
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PM anunces massive financial pack
In a massive development on Tuesday, PM Modi anunced an ecomic pack to boost India’s self-reliance. In his dress, he stated that new pack was worth 10% of India's GDP. However, details of pack shall be anunced by Union Finance Minister Nirmala Sitharaman on Wednesday, May 13.
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PM Modi mentioned that this would benefit workers, hawkers, street vendors, farmers, business class, etc. He ded that special emphasis has been paid to land, labour, liquidity, and laws.
ditionally, PM appealed to citizens to be 'vocal for local' in an attempt to boost Indian businesses. He elaborated that this t only involved buying local products but also promoting m with pride. PM Modi exuded confidence that country shall follow this mantra.
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During his dress, PM Modi also hinted that nationwide lockdown might be extended beyond May 17. Prime Minister stated that fourth phase of lockdown will have entirely new guidelines that will help India achieve its goals besides preventing spre of COVID-19. PM declared that new guidelines based on suggestions of state governments will be revealed before May 18.
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(With inputs from ANI; Im credits - PTI)
01:53 IST, May 13th 2020