New Delhi, Apr 13 (KNN) The Union Minister of Micro, Small and Medium Enterprises (MSME) Nitin Gadkari has stressed the need for digitalization of government schemes for ensuring development and progress of MSME industries.

''Digitalization in MSME is the most important subject which is concerned with the development of MSMEs. Presently the system in which we are implementing the schemes there are a lot of delays and red-tapism. Systems can be made transparent, time-bound and result-oriented through digitalization,'' he said while addressing a conference on Digitalization-The Key for MSMEs Rise to Resilience on Monday.

He said that we (MSME Ministry) have decided to digitalise the total system of administration in the department, which is very important to get good results from the system adding, ''E-market is the future of India and digitalization in marketing, manufacturing process and governance can take this sector to a new height.''

Gadkari further said that the government is committed to the uplift of the MSME sector in the country.

''The government is taking several steps to increase the contribution of MSME's industries in the economy, facilitating export capabilities and generation of jobs in this sector which will generate five crore employment in this sector,'' Gadkari said.

The Minister said, the overall contribution of the MSME sector in the economy will be enhanced to 40 per cent from the present level of 30 per cent in the coming years. He said, works are in progress to increase the exports from MSME's industries.