MSME Sector Created 11 Crore Jobs in India, Says Nitin Gadkari

Union Minister Nitin Gadkari on Thursday said that the Micro Small and Medium Enterprises (MSME) sector is the backbone of the Indian economy and has created 11 crore jobs so far.

Nitin Gadkari | (Photo Credits: PTI/File)

New Delhi, October 30: Union Minister Nitin Gadkari on Thursday said that the Micro Small and Medium Enterprises (MSME) sector is the backbone of the Indian economy and has created 11 crore jobs so far.

"Presently, MSME is the most important sector for the country. I say it is the backbone of Indian economy," Gadkari said at the 'Namaste Bharat Exhibition'.

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"It contributes 30 per cent to GDP. As far as export is concerned, it is 48 per cent. Up till now, 11 crore jobs have been created by the MSME sector," he added.

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)

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