April 19, 2024

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Business The Solution

Need more measures to develop agri industries: Lok Sabha Speaker

Lok Sabha Speaker Om Birla on Thursday termed for actions to more build the agriculture sector and stressed the need to have to concentration energies on boosting agri-industries exports as a result of encouragement for MSMEs.

Addressing a countrywide conclave on MSMEs, organised by the CA Institute, Birla stated that concentration on agriculture sector growth will also enable lessen migration of people today from rural to city India.

He highlighted that it was the resilience of the rural India and tricky operate of the farmers all through the ongoing Covid-19 pandemic that ensured that the country’s financial state did not collapse in the difficult instances.

There is need to have to seem at strategies to more build functions close to farming, foodstuff processing and value additions, Birla additional.

Two new initiatives

On the situation, Birla introduced two initiatives of the Institute of Chartered Accountants of India —roll out of one hundred GST and MSME seva kendras (enable desk on GST and other tax compliances) and MSME mentorship programme.

Lok Sabha Speaker highlighted that MSMEs are the spine of the Indian financial state and need to have to be inspired to attain Aatmanirbharata (self reliant). At the exact time, he also observed that India should really not be happy in just remaining the current market for the world, but seem to manufacture products for the total world.

“India is a young nation and the youth have the capability and technical prowess to excel. In times to arrive, MSMEs will be more strengthened and enjoy an even more critical purpose toward reaching Aatmanirbhar Bharat,” Birla additional.