MSMEs to provide ignition for new India: Prabhu
New Delhi, June 22: Commerce and Industry Minister Suresh Prabhu on Friday said Micro, Small and Medium Enterprises (MSME) can provide the ignition required for a new India as this sector helps in fair distribution of wealth across the country.
"The Prime Minister made a profound statement that without participation, development and regeneration of small and medium startups, we cannot succeed ignition of new India," Prabhu said after inaugurating the fifth India International MSME Start Up Expo at Pragati Maidan here.
"One of the fundamental and cardinal principles of the small and medium enterprises is that they take wealth to different corners of the country. They earn money and in process help wealth distribution of that unlike large industries."
Apart from the young entrepreneurs, dignitaries at the inauguration of the three-day event included Uttar Pradesh Industrial Development Minister Satish Mahana, Union Minister for Development of North Eastern Region Jitendra Singh, Ambassador of Thailand Chutintorn Gongsakdi, Ambassador of Azerbaijan Ashraf Shilhalvyev, Ambassador of Uzbekistan Farhood Arziev and Japanese Minister Counsellor Kenko Sone.
There are 12 crore MSMEs that directly and indirectly engage more than 60 crore people of the country.
The agenda of the exposition is to promote entrepreneurship and self-employment to generate maximum job opportunities. The event will also provide one stop global platform to connect, network, partner and share information with domestic and international SMEs to find new business opportunities in either country.
The event will witness more than 20,000 visitors, 250 exhibitors, 100 B2G and B2B meetings, 50 embassies and global participants, 30 banks and investors, 15 PSUs and government departments and 10 concurrent summits.
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Three arrested for killing Buddhist woman monk in Himachal
Shimla (PTI): Three people have been arrested for allegedly murdering a Buddhist woman monk in Mandi district of Himachal Pradesh nearly a month ago, police said on Friday.
The accused -- Gagan Sharma (23), Vishal (23) and Gaurav Sharma (20), all residents of Mandi -- were arrested on Thursday night, police said.
According to police, the 78-year-old Buddhist woman monk, Orje Shoki, was found murdered in a cave near Sarkidhar village, following which a Special Investigation Team (SIT) was constituted to nab the accused.
Mandi Superintendent of Police (SP) Vinod Kumar said that during the investigation, more than 50 suspects were questioned and DNA samples of several suspects were also collected.
After a detailed investigation, the accused were arrested from different locations on Thursday night, he said.
Kumar said all the accused are drug addicts and they committed the crime with the intention of looting the victim, so that they could buy drugs.
Efforts are on to nab two more accused wanted in the case. They will be put behind bars soon, the SP said.
