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Robust MSME ecosystem key for India's sustainable economic development: President Murmu
The Northlines
|June 28 2025
A robust micro, small, and medium enterprises (MSME) ecosystem is not only important but also essential for the country's sustainable economic development, President Droupadi Murmu said on Friday.
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Addressing the 'MSME Day' celebration in the national capital, she said that MSMEs are a strong pillar of the country's economy.
"They contribute significantly to GDP and promote innovation at the grassroots level. These enterprises generate more employment opportunities at a relatively low cost of capital.
Most importantly, these enterprises generate employment in rural and backward areas," President Murmu told the gathering.
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