New Delhi, Feb 22 (KNN) Lauding Micro Small and Medium Enterprises' (MSMEs) contribution to the India economy, Union Minister of Commerce & Industry Piyush Goyal has asserted that the sector deserves recognition.

Speaking at All India Management Association’s (AIMA) 64th Foundation day & 14th National Management Day at New Delhi, on Friday, Goyal said that MSME is a sector which truly deserves recognition, because some of them are doing truly wonderful work.

Terming MSMEs as the largest creator of jobs, largest exporters & largest contributors to the ecosystem, Goyal added that ''India as a nation cannot survive without them.''

“We should all ensure on becoming a nation builder and take our governance and good management practices to the remotest parts of the country”, Goyal added.

The minister further also spoke about the USD 5 trillion economy and said that it is an achievable goal in the coming five years.

"India has a rich pool of management talent. Millions of people have devoted their life serving the nation, serving corporations, serving businesses and serving the government. USD 5 trillion economy is something that 1.3 billion people will be engaged in creating. It is an achievable goal in the coming five years," he said.

The Minister urged all to come together with collaboration and cooperation, for fulfilling the PM’s vision and mission for the USD5 trillion economy in next five years, and truly making India a superpower.

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