NITI Aayog Report on Enhancing Competitiveness of MSMEs in India

On 2nd May 2025, NITI Aayog released the report on ‘Enhancing MSMEs Competitiveness in India’. The report, prepared in collaboration with the Institute for Competitiveness (IFC), presents a detailed blueprint for unlocking the immense potential of India’s Micro, Small and Medium Enterprises (MSMEs) through systemic reforms in financing, skilling, innovation and market access.

Major Highlights

  • Economic Impact & Employment: MSMEs account for 29.2% of India’s GDP and provide employment to over 120 million people, with sectors like textiles being heavily reliant on MSMEs.
  • Export Role: MSMEs contribute approximately 45% of India’s exports, with the handicraft sector (dominated by small businesses) playing ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy July 2025 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content

Reports & Indices