The President of India, Ram Nath Kovind, inaugurated the ‘One District One Product’ Summit in Lucknow, Uttar Pradesh. The special emphasis was laid on micro, small and medium enterprises (MSMEs). After the agricultural sector, most people find employment in this sector.
Uttar Pradesh contributes around 44% in the total handicraft exports of the country. Under the ‘One District One Product’ scheme, the state government has set a goal of providing employment to 25 lakh people in five years through the financial assistance of Rs. 25,000 crores.
Source- Press Information Bureau (PIB)
Static/Current Takeaways Important for Indian Bank PO Exam 2018-
- Giriraj Singh is the Minister of State (I/C) of the Ministry of Micro, Small and Medium Enterprises.