Question: In the past 10 years, two-thirds of all SMEs have shut - TopicsExpress



          

Question: In the past 10 years, two-thirds of all SMEs have shut down in Gujarat, especially in your home town Mehsana where 140 units out of 187 died away. Do you want to concentrate all power in the hands of a few big industrial houses? Ans: Please note that India’s 5 per cent population lives in Gujarat which has 6%of the country’s land mass and its GDP share is 10%. Most of this has been contributed by the small and medium industry sector. India’s 70% salt production is in Gujarat and the state also leads in caustic soda production (90%); chemicals (60%); petrochemicals (50%); pharma (40%); and polished diamonds (80%). Salt, pharma and chemicals is largely run by small scale entrepreneurs and is a large contributor to national growth. Also, for your kind information, SME’s have attracted an investment of 17880 Crores in 2012-13 while it was only 3181 in 2006-07, a growth of more than 500%.The employment generated by SMEs in Gujarat has gone up from 76196 in 06-07 to 381083 in 2012-13.
Posted on: Mon, 10 Mar 2014 02:48:39 +0000

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