Maharashtra Govt Focused On - Supporting MSMEs And Facilitating Ease Of Doing Business

Mr. Satej Patil, Minister of State - IT & Home, Maharashtra  provided valuable insights about the State's attempts at boosting MSME (Micro, Small and Medium Enterprises) at a Conclave on 2nd Dec 2020.

Mr.Satej said "MSMEs are the backbones of India's economy. Today, about 80 per cent of Maharashtra's employment is generated by MSMEs of Maharashtra".

The minister also stressed on the steps taken by the ministry to remove possible roadblocks for kick-starting businesses so that any business aspirant is not afraid to continue starting a business and growing it in the State. Some of these steps include making tax laws simpler and doing away with the minimum paid-up capital requirement.
Boosting the MSME sector empowers women workforce. 

"Other than its massive contribution to our economy, another crucial contribution of MSME is that it is one of the only powerful sectors that helps in socially empowering women and others from the weaker section of the society, helping the government reach its another goal of women empowerment," he added. 

The minister emphasised on interest to boost sectors like manufacturing, pharma, real estate, agriculture, and IT. He added 

"We are approaching this in a very sustainable and holistic way, ensuring development and growth doesn't come at the cost of our environment" 

Mr. Patil, announced their upcoming activity in Kolhapur to invite startups & boost innovation and he added -.

"We are soon launching a country-wide program in Kolhapur to invite and support entrepreneurs and innovators with ideas that can solve civic problems with efficiency. We shall provide them with all the necessary support such as mentorship, incubation program, access to investors, and academia" .