“The Modi government also dispelled the difference between populist and welfare policies. While there was always a conflict on whether a government works for MSMEs or big industries, under the Make In India initiative, lots of investments, companies and technology have trickled into India. For the first time since Independence, there was an jump in the Ease of Doing Business in the year 2015-16, thanks to the industry-friendly policies floated by the Modi government.”
Even as the government is currently in the process of drawing up an exercise to revise the “Make in India” action plan, Shah added, “When a big company sets shop here under ‘Make in India’, people say investment has come, lot of land has been allotted and production will start. But what about unemployment? Our government is equally focused on improving GDP and getting investment as it is on providing employment. Under ‘Make In India’, big companies will come and bring with it 100-150 small ancillary industries that will bring with it plenty of jobs. While big firms improve GDP and investment, ancillary industries bring employment. We cannot afford to lag behind in the global economy anymore. The Modi government has also thought of Khadi, rural industry-led employment and there is now a thrust on MSME sector for creating job opportunities. How will we find people for jobs created under this sector and for that ‘Skill India’ was launched and a separate ministry a was formed by way of which lakhs of youth will get jobs.”
The new premises of the MSME Development Institute, Ahmedabad, slated to become “MSME Tower”, is spread over 2,682 sq mtrs at Sola-Thatej area. While the building will be a field office of DC (MSME) under the MSME Ministry, it will aid entrepreneurs in promotion of MSME and in areas of export promotion, marketing support, capacity assessment, etc.
Source: The Indian Express