Thursday, October 20, 2011

MSME sector's contribution to India's GDP will climb in 12th Five-Year Plan period: Virbhardra Singh

The Micro, Small and Medium Enterprises (MSME) sector's contribution to the country's Gross Domestic Product (GDP) will surge significantly during the 12th Five-Year Plan period, which will thereby help India to achieve an overall economic growth of 9%, said Mr Virbhardra Singh, Union Minister for Micro, Small and Medium Enterprises (MSMEs).


This statement has come at a CII event on the “India Global Summit on MSMEs 2011,” here. He has also stated that deliberations are being held within the government and it would be discussed in the National Development Council within few days.

Read more at: http://bit.ly/qUrD6H

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