Union Minister Nitin Gadkari said that in this Covid-19 lockdown, industries should think about the workers. He said that the government is providing all possible help at its level but the common man should also come forward to help in this crisis.
Nitin Gadkari said that the finance ministry will make a decision regarding the relief package for MSMEs.
The economy of the country has been battered by the coronavirus pandemic. While all measures have been taken by the government to deal with this situation, it is yet to announce a relief package for medium and small industries.
Union minister Nitin Gadkari spoke at e-Agenda Aaj Tak about the possibility of MSMEs which have been worst-hit by Covid-19 lockdown being bailed out by the Centre. He said that the finance ministry will make a decision regarding the relief package for MSMEs.
Gadkari said that it is the jurisdiction of the finance minister to decide who gets a relief package from the government. “We have given the finance ministry all our suggestions. It is expected that the MSME sector will get relief soon,” Nitin Gadkari said.
On the growing issue of workers being laid off or receiving pay cuts across industries, Nitin Gadkari said that this is a difficult time for every sector in the country including MSMEs. “This is the time when we have to understand the pain of others. Many people are giving the example of China and Japan when it comes to stimulus packages. Our economy is completely different from China and Japan. We have to understand that these are difficult times. Everyone is affected by this situation,” he said.
The minister said that in this lockdown, industries should think about the workers. He said that the government is providing all possible help at its level but the common man should also come forward to help in this crisis. “The person who stands with you in crisis is called a true companion. This crisis will not always be there, but the work done now to help people will always be remembered,” he said.
“The government is putting money in Jan Dhan accounts, there is no shortage of rice and wheat in the country and the poor are being given ration at a reasonable rate. At this time everyone should stand behind the labourers,” he added.
Nitin Gadkari also said that India has the golden opportunity to attract foreign investment amid the coronavirus crisis as the whole world is angry with China. “Our ministry is actively working on this. Whoever wants to start a business with foreign investment will get all kinds of permission within three months. Continuous work is being done to promote foreign investment. We are confident that after the coronavirus crisis, the investment will increase,” he said.