Summary:

At the Assocham Bharat @100 Summit in New Delhi, Union Minister Piyush Goyal emphasized the importance of Micro, Small, and Medium Enterprises (MSMEs) in promoting industrial growth. He highlighted the government's efforts to allocate spaces for MSMEs in 20 townships across the country, as well as provide land at concessional rates in industrial parks. To improve the ease of doing business, the government is streamlining processes and reducing compliance requirements.

In his speech, Mr. Piyush Goyal reaffirmed India's commitment to sustainability and growth, addressing environmental issues and their impact on emerging economies. He commended the government's social programs, such as food security, water, and internet connectivity. He stressed the importance of skill development with a US$ 23.61 billion budget and urged academic institutions to support entrepreneurship to drive India's economic success.

Source: IBEF 

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