Thursday, July 24, 2025
ADVT 
India

PM Modi to address three post-budget webinars tomorrow

Darpan News Desk IANS, 03 Mar, 2025 04:14 PM
  • PM Modi to address three post-budget webinars tomorrow

New Delhi, March 3 (IANS) Prime Minister Narendra Modi will participate in three post-budget webinars on March 4 which will include discussions on MSMEs as an engine of growth, manufacturing, exports, and economic reforms to facilitate the ease of doing business, according to a PMO statement issued on Monday.

The Prime Minister will also address the gathering on the occasion via video conferencing which will provide a collaborative platform for government officials, industry leaders, and trade experts to deliberate on India’s industrial, trade, and energy strategies, the statement said.

The discussions will focus on policy execution, investment facilitation, and technology adoption, ensuring seamless implementation of the Budget’s transformative measures. The webinars will engage private sector experts, industry representatives, and subject matter specialists to align efforts and drive impactful implementation of Budget announcements, the statement added.

The Union Budget for 2025-26 presented by Finance Minister Nirmala Sitharaman on February 1 this year highlights that Agriculture, MSME, Investment, and Exports are “engines of growth in the journey to Viksit Bharat using reforms as fuel, guided by the spirit of inclusivity.”

MSMEs have been identified as the second engine of inclusive growth in the Union Budget for 2025-26 next to agriculture as they employ 7.5 crore people and contribute 36 per cent to India’s manufacturing. These MSMEs are crucial in positioning India as a global manufacturing hub, account for 45 per cent of the nation's exports.

To boost their growth and efficiency, the government will enhance the investment and turnover limits for MSMEs, increasing them by 2.5 times and 2 times, respectively. This move is expected to empower MSMEs to scale up, innovate, and generate more employment opportunities for the youth.

The Finance Minister emphasised investment as the third engine of growth, which includes investing in people, the economy, and innovation.

In a big boost to employment-led growth, the launch of the “National Manufacturing Mission” in the Budget to cover small, medium and large industries comes as a major driver for “Make in India” campaign.

The Mission will lay emphasis on five focal areas, i.e. ease and cost of doing business; future ready workforce for in-demand jobs; a vibrant and dynamic MSME sector; availability of technology; and quality products, the Finance Minister said.

FM Sitharaman defined Exports as the fourth engine of growth and said that jointly driven by the Ministries of Commerce, MSME, and Finance; Export Promotion Mission will help MSMEs tap into the export market.

MORE India ARTICLES

ED initiates legal action against 19 broking firms in money laundering case

ED initiates legal action against 19 broking firms in money laundering case
The Directorate of Enforcement (ED) on Wednesday said it has filed a Prosecution Complaint (PC) against 19 broking entities and their directors for allegedly colluding with officials of the National Spot Exchange Limited (NSEL) in a money laundering case.

ED initiates legal action against 19 broking firms in money laundering case

Rajasthan: 1 killed, 9 injured as school bus carrying 30 children crashes

Rajasthan: 1 killed, 9 injured as school bus carrying 30 children crashes
A Class 12 student lost her life while nine other children sustained serious injuries as the driver of the school bus in which they were travelling lost the control of the vehicle following which it fell off a culvert. The accident reportedly happened due to a brake failure. The bus was carrying at least 30 children.

Rajasthan: 1 killed, 9 injured as school bus carrying 30 children crashes

RG Kar financial case: Court rejects Sandip Ghosh’s plea seeking additional time before framing charges

RG Kar financial case: Court rejects Sandip Ghosh’s plea seeking additional time before framing charges
The charge-framing process was supposed to start at the special court on Wednesday. However, it could not start since Ghosh and others accused in the case approached the same bench of the Calcutta High Court which rejected their similar petitions last week with a review petition.

RG Kar financial case: Court rejects Sandip Ghosh’s plea seeking additional time before framing charges

Vijay Mallya moves Karnataka HC seeking loan recovery details, banks issued notice

Vijay Mallya moves Karnataka HC seeking loan recovery details, banks issued notice
Fugitive liquor baron Vijay Mallya approached the Karnataka High Court on Wednesday seeking direction to banks to provide details of the total amount recovered against loans obtained by him, United Breweries Holdings Limited (UBHL, now in liquidation). Considering the plea, the High Court has issued notices to concerned banks in this regard.

Vijay Mallya moves Karnataka HC seeking loan recovery details, banks issued notice

Three foreign nationals held in Hyderabad for drug peddling

Three foreign nationals held in Hyderabad for drug peddling
Hyderabad police have seized drugs worth Rs.1.60 crore and arrested three foreign nationals for drug peddling. Hyderabad Narcotics Enforcement Wing (HNEW) made the arrests in a joint operation with Langer House and Humayun Nagar police and seized 1,300 grams of MDMA in three separate cases.

Three foreign nationals held in Hyderabad for drug peddling

BJP set to storm back to power in Delhi after 27 years: Exit polls

BJP set to storm back to power in Delhi after 27 years: Exit polls
The poll of election experts gave 20-28 seats to the Arvind Kejriwal-led ruling party, marking the end of the winning streak for the outfit which emerged victorious in three straight elections since 2013. A defeat for the AAP might also raise questions over the future of the political party which emerged from an anti-corruption movement in 2011.

BJP set to storm back to power in Delhi after 27 years: Exit polls