MSMEs leading way in economic growth: Guv
2
Guwahati: Assam governor Lakshman Prasad Acharya on Friday called the micro, small, and medium enterprises (MSMEs) sector the backbone of the economy after agriculture, emphasising its importance in India's economic journey.
Speaking at the North East MSME Conclave 2025 held at NEDFi House in Guwahati, which was organised by the Confederation of Indian Industry (CII), Acharya hailed the northeast as a "priceless treasure", rich in biodiversity, natural resources, and traditional industries. "The region's unique products like bamboo, tea, silk, and handlooms have the potential to become global assets through the power of MSMEs," he said.
The governor also reiterated Assam's strategic role as the "Gateway to the East" under India's Act East Policy. "This opportunity must be seized, with MSMEs playing a leading role in building bridges of trade, innovation, and cultural exchange," he said.
He also asked the industry leaders, for greater investment in the northesat, enhanced youth training, skill upgradation, access and reach to global market for local products.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Access all TV channels anywhere, anytime
Techno Mag
Learn More
Undo
The governor urged the participants to make the most of the conclave by engaging in meaningful dialogue and collaboration. "The success of this conclave will send a message of hope, prosperity, and transformation for generations to come," he said.
Recalling India's historical economic strength, he said the country once contributed nearly 27% to the global GDP before colonialism led to the decline of local industries. "While large industries received attention post-independence, MSMEs were ignored for decades," he said, crediting PM Narendra Modi's leadership for revitalising the sector through key initiatives like Mudra Yojana and Udyog Sathi App.
The conclave saw participation from stakeholders across the region, including former CII-NE Council Chairman SK Baruah, NABARD CGM Loken Das, PNB ED D. Surendran, and CII member Gopi More.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
6 minutes ago
- Time of India
'Indian citizens pushed into Bangladesh at gunpoint': Owaisi makes shocking claims; calls detention of Bengali-speaking Muslims 'illegal'
AIMIM chief Asaduddin Owaisi (Image credits: ANI) NEW DELHI: All India Majlis-e-Ittehadul Muslimeen (AIMIM) chief Asaduddin Owaisi on Saturday criticised the detention and deportation of Bengali-speaking Muslim citizens across India, accusing the police administration of unfairly branding them as "illegal immigrants. " Taking a dig at the BJP-led central government, Owaisi alleged it was acting 'strong with the weak" by going after the country's poorest communities. Taking to social media platform X, Owaisi claimed that those being labelled as illegal immigrants were repeatedly targeted because they lacked the means to challenge police atrocities. 'There have been disturbing reports of Indian citizens being pushed into Bangladesh at gunpoint,' said Owaisi in his post. "Police in different parts of India have been illegally detaining Bengali-speaking Muslim citizens and accusing them of being Bangladeshi. This government acts strong with the weak, and weak with the strong. Most of those who are accused of being 'illegal immigrants' are the poorest of the poor: slum-dwellers, cleaners, domestic workers, rag-pickers, etc. They have been targeted repeatedly because they are not in a position to challenge police atrocities," he added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 1 Teaspoon Before Bed Burns Body Fat - You Will Fit Into Your Clothes Again! Weight Loss Journal Click Here Undo In the same post, Owaisi also shared an image of an official order from the office of the District magistrate in Gurugram, which said that the state government has implemented a standard operating procedure (SOP) for deporting Bangladeshi citizens and Rohingyas. "Police do not have the power to detain people just because they speak a particular language. These wide-net detentions are illegal," said Owaisi. The AIMIM chief's statement came days after the Pune city police arrested five Bangladeshi women from the Budhwar Peth red-light area. Acting on a specific tip-off, officers from Faraskhana Police Station and the anti-human trafficking unit (AHTU) carried out a raid, reported ANI. The women, aged between 20 and 28, were found residing in India without valid documents and using fake identity cards. Investigations revealed that they had illegally entered India from Bangladesh, posed as West Bengal residents, and were allegedly involved in prostitution in Pune. The operation also exposed a human trafficking network that facilitated their illegal entry and stay in the country. Cases have been filed under the Immigration Act, Passport Act, and relevant provisions of human trafficking laws. Meanwhile, in Assam, the BJP-led state government is continuing its eviction drive against what it calls illegal encroachments on tribal land. State minister Atul Bora voiced full support for the initiative, saying it was essential to protect tribal belts from "doubtful people." The Assam BJP on Tuesday reiterated that eviction drives will continue until all illegally occupied land is cleared, cited ANI.
Time of India
7 minutes ago
- Time of India
India protected all sensitive sectors in FTA with UK: Piyush Goyal
India has protected all sensitive sectors , including dairy , rice and sugar, in the free trade agreement with the UK, Commerce and Industry Minister Piyush Goyal said on Saturday. The pact will help boost exports of labour-intensive products like footwear, textiles and gems and jewellery, he added. Explore courses from Top Institutes in Please select course: Select a Course Category PGDM Cybersecurity Others Technology MBA Product Management Artificial Intelligence Public Policy Leadership Design Thinking Digital Marketing MCA Healthcare Finance Data Analytics Management CXO Project Management Data Science Operations Management Data Science others healthcare Degree Skills you'll gain: Financial Analysis & Decision Making Quantitative & Analytical Skills Organizational Management & Leadership Innovation & Entrepreneurship Duration: 24 Months IMI Delhi Post Graduate Diploma in Management (Online) Starts on Sep 1, 2024 Get Details "We have protected all the sensitive sectors of have not opened for UK (those areas)....Zero compromise and extensive benefits makes it a phenomenal free trade agreement ( FTA )," Goyal told reporters here. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo The agreement was signed on July 24 in London . He added that the agreement will open doors for India to the developed world.
Time of India
20 minutes ago
- Time of India
'Asked for a smoking room': Kiren Rijiju recalls first request to Speaker - here's what he got instead
Image credit: Kiren Rijiju's Insta NEW DELHI: Parliamentary affairs minister Kiren Rijiju shared an embarrassing yet unforgettable anecdote from his early days in politics, when his very first request to the Lok Sabha Speaker was for a 'smoking room. ' Recalling his first meeting with Speaker Somnath Chatterjee, Kiren Rijiju said he walked out with a 'good scolding' and a lasting lesson- to "approach such offices with more purpose." "The first time I met Speaker Somnath Chatterjee, I had gone to request a room for MPs who smoke. He scolded me, saying, 'This is your first meeting with the Speaker and this is what you've come for?' I got a good scolding that day and learned I should approach such offices with more purpose," PTI quoted him as saying on Saturday. He was speaking at Sansad Ratna Awards where he also expressed that his political opponents weren't his "enemies". "We are all colleagues. Before 2014, most of my parliamentary career has been on the Opposition benches. Political rivalries may exist, but there is no enmity," he said. Referencing Winston Churchill, Rijiju said, "A new MP once asked Churchill about the people sitting across the aisle, and he said they were political opponents. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like AirSense 11 – Smart tech for deep sleep ResMed Buy Now Undo But when asked about those sitting on his side, he said they were our political enemies. That is politics, but we are not enemies." "There, one MP represents approximately 66,000 people. Here, it is over 20 lakh. They are not asked to fix drains or get someone out of jail. But our MPs deal with personal grievances, infrastructure and law enforcement issues and are still expected to perform in the House," he said. "Despite all this, they are often criticised. Every elected MP deserves respect, it is not an easy job," he added.
