Government is committed to a vibrant MSME Sector: PM Modi

Prime Minister Narendra Modi has said that Cabinet has taken landmark decisions to accelerate economic growth, our strides in space as well as assisting the farmers, villages and small businesses. 

In a series of tweets, Mr Modi said, crores of Indians will gain from these decisions. He said, the reform trajectory continues and the Union Cabinet’s approval to reforms in the space sector is yet another step towards making the nation self-reliant and technologically advanced. He said, the reforms will boost private sector participation as well.

 

The Prime Minister said, setting up of the Animal Husbandry Infrastructure Development Fund augurs well for the sector. He said, it will boost the income of the hardworking



farmers and investment and sectorial infrastructure, especially in dairies will get an impetus. Mr. Modi said, the Government is committed to a vibrant MSME Sector. He said, the Cabinet approved an interest subvention scheme for Shishu loan accounts under Pradhan Mantri Mudra Yojana and the scheme would provide valuable support and stability to small businesses.

 

On the decision of granting international status to Kushinagar Airport, the Prime Minister said, it is a great news for Uttar Pradesh, tourism and those inspired by the noble thoughts of Lord Buddha. He said, connectivity will improve significantly. Mr Modi said, more tourists and pilgrims will also mean better opportunities for local population.