Coimbatore, May 10 -- Finance Minister Nirmala Sitharaman credited Prime Minister Narendra Modi and his leadership under which the union government removed several barriers faced by private sector and MSMEs with necessary policy changes, providing them with opportunities.

Speaking at 'Startup Dhruv' awards to startups in Coimbatore region on Monday the FM criticised the schemes of previous governments and said that it was PM Modi who created opportunities for private sector to manufacture products.

The Minister said that the previous laws limited opportunities and the aspirations of core industries as earlier license quota was the norm which only allowed public sector units (PSUs) to manufacture products.

Emphasising on the policy cha...