Kochi, Jan 11 (PTI) Union Minister Jitan Ram Manjhi on Saturday emphasized the important role of MSMEs in the country’s economy.
He urged the officials to create maximum awareness about the coir sector and MSME schemes and stressed the need to expand the presence of this sector beyond South India to the North and North East regions.
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Union Minister for Micro, Small and Medium Enterprises made these remarks during his address when he visited the head office of the Choir Board here, an official statement said.
He emphasized the important role of MSMEs in India’s economy, which contributed 30.1 percent to GDP, 35.4 percent to manufacturing, and 45.73 percent to exports, the statement added.
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The minister also highlighted the importance of PM Vishwakarma Yojana and emphasized on innovative ideas to promote the MSME sector.
During the visit, the minister reviewed the activities and achievements of the Choir Board and emphasized the immense potential of the sector to contribute to employment generation and economic growth.
SCL Das, Secretary (MSME) and Vipal Goyal, Joint Secretary (ARI) and Chairman of Choir Board were also present during the meeting.
In his welcome address, Secretary SCL Das emphasized that with its high potential for employment and income generation, the MSME sector has a long way to go.
In his presentation, Goyal briefed the minister about the significant progress made by the Choir Board over the years.
The official also highlighted the Choir Board’s efforts in skill development under the Choir Vikas Yojana, the statement added.
After the review meeting, Manjhi interacted with representatives of coir associations, manufacturers, cooperative societies and exporters.
The representatives briefed them on the challenges related to export potential, capital requirements, quality upgradation and competitive pricing.
The Union Minister assured them of all necessary support to tackle these challenges and promote the sector.
Manjhi also visited Arur Coir Mats and Matings Cooperative Society, a coir manufacturing unit, where he observed the production process and interacted with artisans to understand various activities, sales and market and access to credit. .
Aligning with the vision of providing youth employment and strengthening India’s economy, he reiterated the government’s commitment to the development of the coir sector, the statement added.
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