New Delhi: Union Minister for MSME Narayan Rane has said under the able leadership of Prime Minister Narendra Modi, MSME Ministry is committed to achieve the goals of holistic development and self-reliance of MSMEs. He said while recovering from the adverse conditions arising out of Covid-19 pandemic and the subsequent Ukraine war, the MSME sector not only digitized its business operations but also cut downed their input cost and started a new tradition by domestically producing essential products curtailing import and also started export of those products with the support of various schemes of the government.

The Minister said during this time, MSMEs focused their online services to reach the wider market, consequently they have been able to overcome the adversity. Rane said MSMEs are the backbone of the Indian economy and global sustainable developments. MSMEs are contributing in providing livelihood opportunities to local communities. The Minister said this year MSME Day is being celebrated under the theme ‘Resilience and Rebuilding: MSMEs for Sustainable Development.' /BI/