INDIA
MSME SECTOR NEEDS BIG PUSH FOR JOB GENERATION
EASY FINANCE AND SKILL MAPPING ARE TOP PRIORITIES
2016-07-08 09:40
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Father of the Nation Mahatma Gandhi was right in saying India lived in its Six lakh villages and cottage industries alone could create much needed jobs and livelihood to the majority of the 1.25 billion people. In India 60 per cent of the population still is dependent on agriculture but they accounted for just 15 per cent of Gross Domestic Product. So vast number of people are disguisedly unemployed in the farm sector and the number is increasing with land holdings getting fragmented generation after generation. So what is the way out to ensure rural prosperity and the answer is simple: to develop clusters of small industries dotting all over the country.