May 14, 2026 3:09 PM
Empowering India’s grassroots economy: How MSMEs are driving growth across rural and semi-urban India
India’s Micro, Small and Medium Enterprises (MSME) sector has emerged as one of the strongest pillars of the country’s economic growth, employment generation and grassroots development. From small manufacturing units and rural traders to artisans, self-employed entrepreneurs and service providers, MSMEs today form the backbone of India’s domestic economy. With targeted reforms, digital integration, financial support schemes and formalisation drives, the Government is now attempting to tra...