If the people combine practical and theoretical experiences in their work process, they will have development of interests individually, said Chairman of the State Administration Council Prime Minister Senior General Min Aung Hlaing at a meeting with MSME businesspersons from Magway Region at the city hall in Magway yesterday morning.
The Magway Region chief minister reported on the operating of MSME businesses, preparation for the establishment of a small-scale industrial zone, manufacturing of MSMEs, paying back loans to COVID-19 funds, assistance for MSMEs and conducting of on-job training. Local businesspersons also submitted reports on the need for aid in operating their businesses.
Responses of Union ministers in respective sectors
Union ministers explained the measures being taken for the development of MSME businesses, formation of cooperative societies for the socioeconomic status of the rural people and for increasing incomes, and plans for improvement of MSMEs in Magway Region.
Advice for regional development
In his address, the Senior General said that hiking prices are based on unbalance of manufacturing and consumption as well as high manufacturing charges. As such, it is necessary to adjust consumption and manufacturing in an equal ratio. Agriculture and livestock farming play a key role in manufacturing. Encouraging these farms is designed to uplift the rural economy. If the rural economy develops, demand will rise and socio-economic life will improve. As such, it is necessary to systematically operate agriculture and livestock farms.
Encouraging domestic manufacturing
Only when domestic manufacturing is encouraged will the State economy develop. But, the country cannot have remarkable development due to the outbreak of COVID-19 and political changes. The country could overcome various difficulties in cooperation with the people at a time when COVID-19 broke out in 2020. Unrest and terror acts were based on the instigation of political opportunists. As such, the Tatmadaw controlled the situation. Manufacturing should rely on raw materials from domestic agricultural and livestock farms. If so, job opportunities can be created and more contributions can be supported for regional development. Hence, the region chief minister needs to lead the work process for uplifting the socioeconomic life of rural people. The country is endowed with trees, forests and bamboo resources. Whenever forest resources are utilized, it is necessary to grow trees in their place and carry out environmental conservation work without fail.
As Magway region is emphasizing the cultivation of cotton plants, efforts must be made for the successful cultivation of cotton plantations. The Senior General stressed that Magway region must be shaped as an area for producing the best cotton yarn products of the nation via cotton cultivation. Officials need to provide quality strains of crops, fertile soil, sufficient water for cultivation and good agricultural techniques to the farmers.
More arrivals of local travellers to help develop the regional economy
The Senior General called for maintenance and sanitation at pagodas and religious edifices to attract pilgrims and people to pay peaceful homage. As MSME is included in the service sector, encouragement must be given to tourism services. The Senior General stressed the need to produce oil in a systematic manner in Magway Region.
People need to practise the thrift in consumption of electricity as much as possible. As power generation projects were halted for various reasons, the electricity sector of the nation faces less development.
Needs to encourage education
As today is an education era, individual life depends on their educational qualifications. Encouraging education means uplifting the lives of people. As such, it is necessary to read literature. If people combine practical and theoretical experiences in their work process, they will have development of interests individually.
The Senior General viewed round products of foodstuffs, consumer products, industrial goods, traditional handiworks, clothes and traditional medicines displayed at the hall and discussed grasping market shares. — MNA
