The Prime Minister Shri Narendra Modi has said that today our MSME sector is competing with confidence at global level and government is working hard to provide them all the needed support. He was speaking after performing Bhoomi-Poojan of Ahmedabad Metro Rail Project Phase-II and Surat Metro Rail Project via video conference today.
The Prime Minister emphasized that with solutions of long pending schemes, cities like Surat get new energy. Our industry, especially small-scale industry, MSME get the confidence that they have the support of good infrastructure when they compete globally. Under Aatmnirbhar Bharat Campaign, many steps have been taken to help these small industries as they have been provided easy loans worth thousands of crores to tide over the difficult times.
They are being given great opportunities by steps like redefinition of MSME that has helped with the fear of expansion, as traders were weary of losing benefits if they grew bigger than the defined limit. Government has removed these restrictions and has opened new avenues for them. Similarly, this redefinition has removed the distinction between manufacturing and service enterprise, creating new possibilities for the service sector. They are also being given preference in the government procurement.
The Government is committed to provide opportunities to small industries to flourish and laborer working in these units should have better amenities and better life, concluded the Prime Minister.