Entrepreneur IndiaNov 18, 2021Here's What Startups and MSMEs ExpectThe government in various forums has communicated and demonstrated that MSMEs are the backbone of the Indian economyIndia has come out graciously from the COVID-19 economic impact and according to the government, we have done a V-shaped recovery. This shows signs of growth and strong economic fundamentals and efforts put in.The government in various forums has communicated and demonstrated that MSMEs are the backbone of the Indian economy.“MSME is the backbone of Indian economy. It contributes around 29 per cent towards the GDP growth. Around 49 per cent of the exports are from the MSME sector. MSME has also generated approx. 11.1 crore jobs,” said a government press release.Read more at Entrepreneur India
The government in various forums has communicated and demonstrated that MSMEs are the backbone of the Indian economyIndia has come out graciously from the COVID-19 economic impact and according to the government, we have done a V-shaped recovery. This shows signs of growth and strong economic fundamentals and efforts put in.The government in various forums has communicated and demonstrated that MSMEs are the backbone of the Indian economy.“MSME is the backbone of Indian economy. It contributes around 29 per cent towards the GDP growth. Around 49 per cent of the exports are from the MSME sector. MSME has also generated approx. 11.1 crore jobs,” said a government press release.Read more at Entrepreneur India
