SME Times News Bureau | 17 Jun, 2020
interaction with Chief Ministers via video conferencing, Prime Minister
Narendra Modi on Tuesday stressed importance of providing timely credit MSMEs.
The Prime Minister said there is significant
importance of agriculture, horticulture, fisheries and MSMEs in the
participating States, provisions for which have been made under Atmanirbhar
Talking about the provisions to provide timely
credit to MSMEs, he said that if quick disbursal of credit to industries is
ensured through Bankers Committees, these industries will be able to start
working quickly while also ensuring provision of employment opportunities.
Smaller factories require guidance and
hand-holding, he said. He mentioned the importance of working together on value
chains to give fillip to trade and industry, he added.
Specific Economic Activity Points in the states
should work 24 hours a day and loading and unloading should be quickened to
give further boost to economic activity, Modi said.
The Prime Minister mentioned the benefits set to
accrue to farmers through reforms in the agriculture sector, including new
avenues to sell produce, increase in income which in turn would increase demand
in the economy.
New opportunities for North-East and tribal
regions in the areas of farming and horticulture are set to be created, with
opening up of new markets for organic products, bamboo products and other
tribal produce, he said.
The States will also benefit from a cluster based
approach for local products, he said, adding that such products should be
identified at each block and district level for better processing and more
effective marketing, he stated.
Modi emphasized on the need of working together
to ensure that the announcements made under Atmanirbhar Bharat Abhiyaan
fructify at the earliest.