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Govt’s stimulus package, new definition for MSMEs to give huge boost to industry: Gadkari
May-18-2020
Expressing optimism, Union Minister Nitin Gadkari has said that the government’s stimulus package for different sectors and the new definition for MSMEs will give huge boost to industry. The minister also sought suggestions for effective implementation of the Fund of Funds announced as part of the package for MSMEs.

Gadkari further expressed need to explore agro and fishing MSME sector and added that all the stakeholders, including government, are facing challenges due to COVID-19. He urged the industry to maintain a positive attitude during these difficult times to tide over the present crisis as negativity is not in anybody's interest.

Recalling that Japan government has offered special packages to its industries for taking out Japanese investments from China and move elsewhere, the minister opined that it is a good opportunity for India, which should be grabbed.
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