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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Gujarat Titans beat Royal Challengers Bengaluru by four wickets
Ahmedabad (PTI): Skipper Shubman Gill and Jos Buttler played useful knocks to help Gujarat Titans chase down defending champions Royal Challengers Bengaluru’s modest total, securing a four-wicket win in their Indian Premier League match here on Thursday.
Despite RCB pacer Bhuvneshwar Kumar (3/28) tormenting the hosts, opener Gill scored a belligerent 43 off 18 balls, while Buttler smashed 39 off 19 to power Gujarat to their fifth win of the season and take their points tally to 10. They chased down a modest 155 in 15.5 overs for
the loss of six wickets.
Earlier, RCB were dismissed in 19.2 overs with their batters struggling against the bowling attack led by Kagiso Rabada and Mohammed Siraj.
RCB, who are placed second on the points table, could not stitch together a fruitful partnership, losing wickets at regular intervals as Siraj (1/38) and Rabada (1/44) reduced them to 35 for 2 in the fourth over, from where they could not recover.
Left-arm pacer Arshad Khan (3/22) took the wickets of RCB skipper Rajat Patidar (19), Krunal Pandya (4) and Venkatesh Iyer (12), while Jason Holder (2/29) and Rashid Khan (2/19) also grabbed two wickets each.
Devdutt Padikkal was the highest run-getter for RCB, scoring 40 off 24 balls.
Brief Scores:
Royal Challengers Bengaluru 155 all out in 19.2 overs (Devdutt Padikkal 40, Virat Kohli 28; Arshad Khan 3/22, Mohammed Siraj 1/38, Kagiso Rabada 1/44, Rashid Khan 2/19, Jason Holder 2/29).
Gujarat Titans 158 for 6 in 15.5 overs (Shubman Gill 43, Jos Buttler 39; Bhuvneshwar Kumar 3/28, Romario Shepherd 2/30).
