- Moneycontrol
How about a preventive health plan for India’s MSMEs?
The Telangana Industrial Health Clinic Ltd is an attempt to plug the gap between the needs of MSEs who are turning or have just turned sick, and what the existing system offers by way of support for micro, Small, and Medium Enterprises – MSMEs – are undoubtedly the framework around which India’s economic activity is built. There are nearly 6.4 crore such units which contribute a third of India’s manufacturing output, a quarter of India’s services GDP, and nearly half – 45 percent – of the country’s exports. More crucially, a fifth of MSMEs are in rural India and MSMEs contribute significantly to employment with more than 140 million jobs generated. Without this MSME sector