‘SMEs backbone of a country’

FE DESK | Monday, 23 December 2019

Small and Medium Enterprises (SME) are the backbone of a country. Economic growth and sustainable development of a country depends on the SMEs development.
Speakers made the observations at the 23rd International Conference for SMEs (ICSME) on 'Achieving Inclusive and Sustainable Goal Through SME 4.0 by Promoting SMEs', held in India, recently, says a statement.
World Association for Small and Medium Enterprises (WASME) organised the event, supported by the Ministry of MSME of India, at WASME International Secretariat, Film City, Noida. Senior Chief Executive of Ministry of Business and Enterprise Mauritius A N Oozeer ianugurated the conference as the chief guest and addressed the opening session which was followed by WASME Excellence Award session.
India's State Minister for Health and Family Welfare Shri Ashwini Kumar Choubey attended the WASME Excellence Award session. Besides, Ambassador of Mauritius to Germany Kheswar Jankee, Director of United Nations ESCAP Dr. Nagesh Kumar, Vice President (chief in Bangladesh) of World Association of SMEs (WASME) S M Zillur Rahman and Associate Editor of Economic Times Pranbihanga Borpuzari were present and also spoke.
WASME Secretary General Dr Gyan Prakash Agarwal gave the welcome address while its Senior Advisor Shailendra Kumar presented the keynote.
In his address Zillur Rahman, also Director of Dhaka Chamber of Commerce & Industry (DCCI), presented SMEs' status in Bangladesh and stated how the SMEs can contribute more to development of different countries.
He said SMEs are the backbone of a country and the economic growth and sustainable development of a country depends on SMEs development.
The 23rd ICSME was aimed at promoting SME development initiatives and integrating it with the 2030 agenda of achieving Sustainable Development Goals (SDGs) set by the United Nations.
The conference comprised six technical sessions on economy, strategy, technology, work force of SME 4.0 and UN's SDG. Founding Chairman of KCC Group Dr Sharad Kohli moderated the programme.