: Aatmanirbhar Bharat’ is all about finding an alternative for Indian imports and increasing exports: Nitin Gadkari #FinanceIndia #StockMarketNEWS Aatmanirbhar Bharat’ is all about finding an alternative

@StockMarketNEWS Tue 22 Jun, 2021

Posted in: #FinanceIndia #StockMarketNEWS

Aatmanirbhar Bharat’ is all about finding an alternative for Indian imports and increasing exports: Nitin Gadkari #FinanceIndia #StockMarketNEWS
Aatmanirbhar Bharat’ is all about finding an alternative for Indian imports and increasing exports: Nitin Gadkari New Delhi, Jun 21 (KNN) Union Minister of Micro, Small and Medium Enterprises (MSME) Nitin Gadkari that the sentiments behind creating an ‘Aatmanirbhar Bharat’ is to increase our exports and to find an Indian option for whatever we are importing.

Addressing Rotary District Conference 2020-21 (DISCON’21) on ‘Vision India’, on Sunday, Gadkari said that under the leadership of Prime Minister Narendra Modi ji, the government has set a vision for India to become a five trillion-dollar economy in next five years.

The Minister said that with the philosophy of ‘Sabka Saath, Sabka Vikas’ and proactive initiatives, the Government is aiming to boost investment, economic growth and generate more employment.

With flexible and all-inclusive time bound decision-making process, transparent and development-led ecosystem would contribute towards happy, prosperous, strong and an Aatmanirbhar Bharat, he added.

The Minister advocated the use of ethanol and bio-fuel as the cheaper and better option of petrol and diesel. He said that the diversification of agriculture towards energy and power is very important which will result in reduction in pollution and yield good prices to the farmers and create an agro-based industry all over the country.

The MSME minister also advocated organic farming and said that India should export its farm products across the world.

Encouraging ethanol and bio-fuel will, in turn, boost the Indian economy as there is rice surplus, corn surplus, sugar surplus and wheat surplus in the country, he said.

He further pointed out that the government is working towards doubling the farmers’ income, boosting Make in India, upgrading science & technology and innovation and facilitating ease of doing business adding, Within 8 to 10 days, it will be made mandatory for the automobile industry to make flex engines. There will be choice with the consumer whether he wants 100 per cent petrol or 100 per cent ethanol / bio-fuel.

Ethanol is a better fuel than petrol as it is an import substitute, cost effective, pollution-free and indigenous, he added.

The MSME sector has set a target to create five crore more jobs in the next five years, he said.