SMEs Are The Backbone Of Gujarat's Economy: Anandiben Patel | SupportBiz


SMEs Are The Backbone Of Gujarat's Economy: Anandiben Patel

The Chief Minister of Gujarat was speaking at the Vibrant Gujarat summit

Ahmedabad: Gujarat Chief Minister Anandiben Patel on Tuesday said a special cell for small and medium enterprises, which played a crucial role in the state's development, would be opened in her office soon.

Speaking at a seminar on `SMEs: Gearing up for Global Competitiveness’ at the Vibrant Gujarat Summit here, Patel said that SMEs are the backbone of Gujarat’s economy.

“I know that the sector is suffering due to red tapism. That is why I have decided to open an SME cell in my office and monitor it personally. We will also open such cells in every district soon.

“This is the only sector which can alleviate poverty. My top priority is to inject new life into this sector. I will make sure that government officials do not harass you by asking you to provide attested documents. I give you all the powers to submit self-attested documents,” said Patel.

Minister of State for MSME Giriraj Singh said the Centre was taking all the necessary steps to boost investment in the sector.

“We are not against foreign direct investment in this sector. However, (Prime Minister) Modi gave a new meaning to FDI and termed it as `first develop in India’. Through this policy, we want to encourage new entrepreneurs to set up their business in India,” said Union Minister for MSME Kalraj Mishra.

Singh conceded that India does not enjoy a good reputation on the ease of doing business benchmarks, and the contribution of India’s MSME sector is lower than that in many other countries.