Invites suggestions to develop a model to provide help and finance
Nitin Gadkari, Union Minister for Micro, Small and Medium Enterprises and Road & Transport stressed on the need to provide financial help to micro/small businesses/works such as fishermen, ferry walas, rickshaw pullers, vegetable vendors, poor and self help groups through adequate policies and models.
He was addressing the ‘Pan IIT Global E-Conclave on reimagining MSMEs and Livelihoods’ on July 20, 2020 and said a large population of the country is involved in very small enterprises like fishing, bee-keeping, bamboo production, among others. “They are economically and socially backward without adequate financial support”, he added.
With enough technological, financial and marketing support they can grow their business/work which in turn will give impetus to creation of more employment opportunities in rural, agricultural and tribal areas.
He has invited suggestions to develop a model to help and finance these socially, economically and educationally backward entrepreneurs and believes such a model can support a lot of enterprises involved in bamboo, honey production, alternative fuels and other areas.
