WORLD MSME DAY- MSME IS THE BACKBONE OF ECONOMY
WORLD MSME DAY: MSME is the backbone of every country’s growth, job creator, and MSME is important for real contribution in country’s economic development bringing digitization in business.
WORLD MSME DAY, recognizing the importance of Micro, Small and Medium-sized Enterprises in achieving sustainable development goals and in promoting innovation, creativity, and sustainable work for all.
Micro, small, and medium-sized enterprises are vital in achieving the Sustainable Development Goals, in particular in promoting innovation, Manufacturing, Service Provider, Trader, Startups, Women entrepreneurs, Job creation, Country economy growth, Adding foreign exchange, creativity, and Social decent work for all.
MSMEs are an important part of larger national and global value chains and their health has a bearing on supply chains overall and indeed the ability to supply numerous goods and services. Small businesses deserve genuine support to return to vibrancy.
MSMEs across sectors have been hard hit by the COVID-19 pandemic and the lockdown measures have put many on the brink of survival.MSMEs are part of the economic and social fabric of the country and recovery will only be possible with the vibrant MSME sector.