16/07/2021
Micro, Small and Medium Enterprises (MSMEs) are the growth drivers of the Indian economy and play a critical role in the equitable socio-economic development of the nation. The contributions of the sector are essential for fulfilling the vision of Atma Nirbhar Bharat, i.e. creating an economically self-reliant nation. The COVID-19 pandemic, however, has adversely impacted the sector, and disrupted its growth .According to official figures, the MSMEs contribute 29 percent to India’s GDP. They contribute to almost half of exports from the country..Over 11 crore people are employed in the MSME sector.
Micro, Small and Medium Enterprises (MSMEs) are the growth drivers of the Indian economy and play a critical role in the equitable socio-economic development of the nation. The contributions of the sector are essential for fulfilling the vision of Atma Nirbhar Bharat, i.e. creating an economically s...