RSS chief says that SMEs are better at making people financial independent than big corporations

Updated: Aug 27, 2019

Small and medium scale industries can make people financial independent and not the big corporations, RSS supremo Mohan Bhagwat said while addressing the All-India convention of `Laghu Udyog Bharti. (Small scale business)


The more the small and medium scale industries grow, people will become more financially independent,” he said.


He pointed out that across the world, the wealth is distributed among a few big corporations and 24-25 persons (who own them).


He mentioned that the present trend in the industry is the reduction of manpower due to automation, but the entrepreneurs related to the Laghu Udyog Bharti does not resort to retrenchments as they consider workers as family.


In his opinion, Big corporations “cannot do justice” to entrepreneurship which can provide such self-sufficiency.  He mentioned that the more the small and medium scale industries grow, people will become more financially independent.


Source: financial express



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