https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

MP: MSMEs to Boost India’s Growth, Says CM Dr. Mohan Yadav While Inaugurating Laghu Udyog Bharati’s New Office

Chief Minister Dr. Mohan Yadav emphasized MSMEs as the backbone of India’s economy while inaugurating Laghu Udyog Bharati’s new office
Indian Masterminds Stories

Chief Minister Dr. Mohan Yadav has emphasized that the strength of the Indian economy lies in its small and cottage industries, describing them as the backbone of national development. Addressing the inauguration of the newly constructed state office of Laghu Udyog Bharati at Govindpura Industrial Area, Dr. Yadav underlined the importance of balanced industrial growth across the country.

Also Read: MP’s ₹3 Lakh Crore Infrastructure Boom: 255 km Greenfield Highway, ₹5,500 Cr Tiger Corridor Among Key Road Projects

The Chief Minister inaugurated the office building ‘Udyam Setuka,’ built at a cost of Rs. 4 crore, amid Vedic chanting. The inauguration was accompanied by the bi-annual regional conference of Laghu Udyog Bharati and the Startup and Small Entrepreneur Maha Kumbh-2025. On this occasion, Dr. Yadav also released the organization’s new brochure.

New Provisions to Support MSMEs

Dr. Yadav announced a key reform for Micro, Small and Medium Enterprises (MSMEs). Once institutional or bank loans are repaid, mortgaged properties will be freed from encumbrances immediately. He assured that all required permissions for establishing MSMEs will be provided within a fixed time frame under a time-bound action plan.

The Chief Minister also highlighted policy provisions offering subsidies for new ITI, Polytechnic, and Engineering Colleges, alongside measures to promote research in partnership with institutions like IIT Udaipur. He reaffirmed that the state government stands firmly with small industries to revive them and strengthen the economy.

Small Industries as Pillars of Development

According to Dr. Yadav, India’s six crore MSMEs contribute over 30 percent to GDP and account for nearly 45 percent of exports. Calling them the “biggest job creators,” he stressed that MSMEs are the true bridge connecting skilled hands to global markets.

He added that Prime Minister Mr. Narendra Modi’s initiatives like “Make in India” and “Vocal for Local” underline the critical role of small industries in building a self-reliant India. Dr. Yadav further urged industrialists to embrace technology, e-commerce, and skill development to expand their reach. He particularly lauded the contribution of women entrepreneurs in driving small-scale industries and empowering families socially and economically.

Swadeshi Spirit and Sustainable Growth

Dr. Krishna Gopal, the keynote speaker, stated that small industries not only generate employment but also protect India’s social fabric. Unlike large industries, these enterprises are environmentally friendly as they do not emit carbon. He highlighted the need to revive the spirit of Swadeshi, urging respect for artisans and adherence to tax compliance as the foundation of development.

Dignitaries in Attendance

The program was also addressed by Mr. Chaitanya Kashyap, Minister of Micro, Small and Medium Enterprises and Bhopal District In-charge; Mr. Ghanshyam Ojha, National President of Laghu Udyog Bharati; and Mr. Rajesh Mishra, State President of Laghu Udyog Bharati. Ministers Mr. Vishwas Kailash Sarang and Ms. Krishna Gaur, along with senior officials, industrialists, and small entrepreneurs, were present at the event.

Also Read: MP Mining Conclave 2.0: Investment Proposals Worth Rs 56,414 Crore Signal a New Era for Mineral-Rich Madhya Pradesh


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
POWERGRID Celebrates 36th Raising Day
POWERGRID Celebrates 36th Raising Day, Showcases Achievements in Power Transmission and Renewable Integration
Satpura Tiger Reserve
Satpura Tiger Reserve Sees New Tiger Cubs; Jhalai’s First Litter Captured
Madhya Pradesh Logo IM
Hotel & Resort Operators Can Now Conduct Jungle Safaris in MP Tiger Reserves
Sanjiv Bhatt Custodial Torture Case
Gujarat High Court Rejects Sanjiv Bhatt’s First-Class Prisoner Status Plea
Yogi Adityanath
Samarth Uttar Pradesh @2047: Over 53 Lakh Citizens Share Vision for Yogi Adityanath’s Prosperity Campaign
Haryana gov resized
Haryana Government Assigns Additional Charges to Three IAS Officers
Vishnu Deo Sai CM
Record-Breaking Diwali Trade in Chhattisgarh: Rs. 16,000 Crore Boost Fuels Economic Growth and 'Vocal for Local' Movement
CM Vishnu Sai Sohrai Karma Mahotsav 2025
Chhattisgarh CM Vishnu Sai Celebrates Sohrai Karma Mahotsav 2025, Announces Major Grants and Development Projects for Rautia Community
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-10-23 at 10.40
Everybody Needs To Know What Is Transpiring Behind Closed Doors Of Courts
WhatsApp Image 2025-10-19 at 12.23
UPSC Journey Should Be Enjoyable, Not Cumbersome
WhatsApp Image 2025-10-16 at 15.16
The Many Facets of Former IRS Officer and Author, Giselle Mehta | Video Interview
ADVERTISEMENT
UPSC Stories
Parmeshwar Chaudhary RAS
From Taunts to Triumph: How Farmer’s Son Parmeshwar Chaudhary Rose from Lab Assistant to SDM, Securing Rank 3 in RAS 2023
Parmeshwar, once taunted over his SI selection, has scripted a stunning success—securing Rank 3 in RAS...
IAS Rupal Rana UPSC
How Rupal Rana Cracked UPSC CSE 2023 with AIR 26 After Four Attempts
UPSC Topper Rupal Rana secured AIR 26 in 2023 after four attempts. Learn her preparation strategy, booklist,...
Ankita Parashar RAS 2023
4 Attempts, 1 Dream, 0 Excuses: Meet RAS Topper Ankita Parashar, Who Fulfilled a Daughter’s Promise & Secured Rank 2 | Exclusive Interview
Ankita Parashar, a teacher-turned-officer from Pushkar, fulfilled her late father’s dream by securing...
Social Media
IFS Parveen Kaswan
Heartbreak by the River: 15-Day-Old Elephant Calf Rejected by Mother, Rescued by IFS Parveen Kaswan and His Team
Jaldapra, West Bengal: In a moving incident that tugs at the heart, a 15-day-old elephant calf was rescued...
Ashwini Bhide IAS and Anand Mahindra
Who Is IAS Ashwini Bhide, Hailed as a Role Model for Mumbai Metro Transformation by Anand Mahindra?
From heritage to high-tech: Bhide’s leadership in Metro Line 3 earns public praise and admiration
World Rhino Day India
On World Rhino Day, IFS Officer Parveen Kaswan Shares Rare Insights - India Now Hosts 80% of the World’s One-Horned Rhinos
September 22 Marks Global Call for Rhino Conservation; India Holds 80% of World’s Greater One-Horned...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
POWERGRID Celebrates 36th Raising Day
POWERGRID Celebrates 36th Raising Day, Showcases Achievements in Power Transmission and Renewable Integration
Parmeshwar Chaudhary RAS
From Taunts to Triumph: How Farmer’s Son Parmeshwar Chaudhary Rose from Lab Assistant to SDM, Securing Rank 3 in RAS 2023
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-10-23 at 10.40
WhatsApp Image 2025-10-19 at 12.23
WhatsApp Image 2025-10-16 at 15.16
ADVERTISEMENT
ADVERTISEMENT