Modi Cabinet 2.0-MSME wishlist: Top 5 demands of segment to boost growth
Modi 2.0 brings hope for MSME sector. Modi government has had its focus on the development of MSMEs and assisting homegrown entrepreneurs during its first tenure and now, it is expected to go on in similar fashion.
Narendra Modi government was sworn-in today at the President House in the presence of around 8,000 guests. As the Modi 2.0 innings starts, the captains of commerce are also ready with their wishlist from the new government. The small and medium business fraternity came forward to share its top five demands from the new Narendra Modi government at the Centre.
Speaking on the wish list of the MSMEs Rajiv Talreja, Serial Entrepreneur, Business Coach and International Author said, "The arrival of the newly elected government; Modi 2.0 looks hopeful for the MSME sector. While it has had its focus on the development of MSMEs and assisting homegrown entrepreneurs during its previous tenure, we hope it will continue its efforts for the current term as well."
Sharing a few expectations from the new government:
1] Renewed efforts towards enhancing the ease of doing business in India;
2] Subsidies for disruptive and innovative products, environment-friendly products, and export-friendly products;
3] Conducting skill-development programs and workshops for entrepreneurs, pertaining to digitisation, industry-specific technologies, and market expansion;
4] Encouraging Government procurement from MSMEs; and
5] Market data-driven initiatives to combat corporate corruption and increase transparency.
So, the above five demands are the major ones that MSMEs are expecting from the Modi 2.0 government to be met this time.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Mukhyamantri Majhi Ladki Bahin Yojana: Know eligibility, benefits, and documents to apply for this women-centric government scheme
Gratuity Calculator: Rs 37,000 as last-drawn salary; 6 years and 3 months as service period; know your gratuity?
Top 7 Gold ETFs With Highest Annualised Returns in 10 Years: Know how Rs 10 lakh investment in each ETF has performed in last decade
Defence PSU Stock to BUY: This multibagger scrip corrects 49% from 52-week high - Is this right time to buy?
Top 7 Large and Mid Cap Mutual Funds With up to 43% Return in 1 Year: Rs 25,000 monthly SIP investment in No. 1 scheme is now worth Rs 3,64,654
Power of Compounding: Can monthly SIP investment of Rs 7,000 help build corpus of Rs 4.5 crore? See in how many years it can be done
11:22 PM IST