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Expect financial package from govt in 2-3 days



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 The minister for MSME, and Road Transport and Highways said the government stands with the industry but it also needs to understand the government's limitations. "We are trying our level best on how we can protect everybody," Gadkari said, adding that while Japan and the US governments have announced mega packages, their economies are bigger than India's.

The government is likely to announce a relief package for the Indian industry in the next two to three days, Union minister for road transport and highways Nitin Gadkari said on Monday.

The package is likely to bring “good support”, he added.

“In two three days, somewhere, expecting a package from the govt, we are waiting for that,” Gadkari said in his interaction with members of Industry and Commerce of the State of Telangana.

Gadkari said that he has interacted with over four crore people in the last twenty days, a majority of them being micro, small and medium enterprises (MSMEs).

“We have taken the recommendations we have sent to the finance ministry and the prime minister’s office,” Gadkari, who also has the charge of MSME ministry, said.

Gadkari added that the government was looking to offer incentives to businesses setting up industries in rural areas.

“Now we are planning that we will give special facilities for the industry who will make facilities in the rural areas and employment there,” Gadkari said.

“We need to decentralise the industry also. There is a big centralisation of industry creating a lot of urban problems,” Gadkari said, adding that industries should now be set up in backward and rural areas.

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