Economic Survey Points to Robust Growth & MSME Contribution - CII

By By Rediff Money Desk, Chennai
Jul 22, 2024 16:01
CII official highlights the Economic Survey's positive outlook on India's growth model, emphasizing the crucial role of MSMEs and microfinance in driving progress.
Chennai, Jul 22 (PTI)The Economic Survey points towards robust growth model for the country and the contribution of various sectors, especially the micro, small and medium enterprises is quite encouraging, said a top official of Confederation of Indian Industry, Southern Region.


The growth of the microfinance sector is remarkable and praiseworthy, CII Kerala Past Chairman and CII Southern Region MSME Co-Chairman P Ganesh said here on Monday.


"Economic Survey 2023-24 points towards a robust growth model for the country. The contribution of various sectors especially the MSME is quite encouraging. The growth of the microfinance sector is remarkable and praiseworthy. The skilling of the workforce and the free flow of affordable finance to the MSME segment needs a percolated effort," Ganesh said in a statement.
Source: PTI
Read More On:
microfinancemsmeeconomic surveyciiindia growth
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

AIESL Staff Threatens Strike Over Service Terms...

A section of AIESL staff, represented by AIAMEU, has threatened to strike from May 5...

Coal Import Monitoring System Fee Rationalized...

Indian government rationalizes registration fee for the Coal Import Monitoring System...

Sensex Surges 2%, Reclaims 78k on US-Japan...

Indian stock markets rallied for the fourth day, driven by FII inflows and expectations...

Indosolar Reports Rs 40 Crore Profit in Q4

Indosolar Ltd. announced a net profit of Rs 40.04 crore for the March quarter, driven...

Rupee Gains 27 Paise, Closes at 85.37 Against...

The Indian rupee strengthened for the fourth consecutive session, closing at 85.37...

Campa Cola to Open New Bottling Plant in Bihar...

Campa Cola, owned by Reliance Consumer Products, will invest Rs 1,000 crore in a new...

HDFC Life Q4 Profit Up 16% to Rs 477 Cr

HDFC Life Insurance reported a 16% rise in standalone net profit to Rs 477 crore in Q4...

Conscient Invests Rs 1,200 Cr in Gurugram...

Conscient announces 'Elaira Residences', a luxury housing project in Gurugram,...

India's Tea Exports Reach 254.67 Million kg in...

India's tea exports surged to 254.67 million kg in 2024, propelling the country to the...

HDFC AMC Q4 Profit Rises 18% to Rs 638 Cr -...

HDFC Asset Management Company (AMC) reported an 18% increase in profit after tax (PAT)...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com