MSME Summit & Awards
The MSME sector is one of the most significant pillars of the Indian economy. With a gigantic web of around 6.3 crore MSMEs units and creating employment for about 70 million. Manufacturing more than 6000 products and contributing to 40% exports directly and indirectly. The sector has the potential to strengthen the socio-economic growth of the nation by providing solution to the unemployment problem of the country at local. This will further lessen the inequalities between the geographical areas in terms of economic imbalances. Further, the inclusive pattern of sustainable growth of MSME sector will provide employment opportunities at the local level which will lessen the population load at megacities. However, the World is at war with the latest abhorrence-COVID-19. This is a bio-war situation and has left the whole world abandoned. Also meeting the diverse skill requirements of MSMEs spread across various sectors horizontally and vertically is a challenge. Ministry is making efforts to meet the requirements of the sectors by various level courses through its training institutions spread across length and breadth of the country.