‘India@75 Summit-Mission 2022’

Published on August 13, 2020
Current Context: Confederation of Indian Industry (CII) has organized ‘India@75 Summit-Mission 2022’.
‘India@75 Summit-Mission 2022’

  • Union Minister of MSME and Road Transport and Highway, Nitin Gadkari addressed the India@75 Summit-Mission 2022’.
  • The mission focused on ‘Reinventing Technology in India’.
  • Nitin Gadkari addressed that the Indian industries and MSMEs in India should be made self-reliant and they should be made import substitutes, cost-effective, pollution-free and indigenous.
  • The MSMEs has been expanded with an investment value up to Rs 50 crores and turnover up to Rs 250 crores.
  • By adopting the technology up-gradation, export avenues in MSME sector can also be increased. Indian Manufacturers will be supported by increasing import duty in a few sectors.
  • Also for road transport in India, CII has drafted a proposal for the insurance of roads which will eradicate the requirements of bank guarantee.
  • Static Part: 
    • HQ of CII: New Delhi
    • President of CII: Uday Kotak
    • Vice President of CII: Sanjiv Bajaj

Questions: 

Q.1 Which of the following organisation organized ‘India@75 Summit-Mission 2022’?
a. NABARD
b. NASSCOM
c. CII
d. FICCI

Q.2 Which union minister addressed ‘India@75 Summit-Mission 2022’?
a. Nitin Gadkari
b. Nirmala Sithraman
c. Piyush Goyal
d. Narendra Singh Tomar

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