Tag: Small and Medium-scale Enterprises

MSMEs continue to face challenges in regulatory framework: Economic Survey

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MSMEs continue to face challenges in regulatory framework: Economic Survey

A view of a MSME Industrial unit at Ambattur Industrial Estate in Chennai. | Photo Credit: The Hindu Micro, Small and Medium-scale Enterprises (MSMEs) that employ 23.24 crore people in the country continue to face challenges in the regulatory environment, noted the Economic Survey tabled on Friday (January 31, 2025). “Regulatory compliance burden holds back…

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Union Budget gives a leg-up to MSMEs, manufacturing sector

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Union Budget gives a leg-up to MSMEs, manufacturing sector

Watch: Union Budget gives a leg-up to MSMEs, manufacturing sector The Union Budget for 2024-2025 has a package of support measures for the Micro, Small and Medium-scale Enterprises (MSMEs) and the labour-intensive manufacturing sector. According to the Economic Survey tabled on Monday, the contribution of MSMEs to all-India manufacturing output in FY 22 was 35.4%…

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