Financial ExpressDec 20, 2022Over 1 crore people employed in MSMEs incorporated in FY22, shows govt dataEase of Doing Business for MSMEs: The employment in MSMEs assumes significance as the government intends to add 5 crore more jobs in the MSME sector by 2025 from 11.10 crore jobs as per the National Sample Survey (NSS) 73rd round conducted during the period 2015-16.Ease of Doing Business for MSMEs: Minister of state for MSMEs Bhanu Pratap Singh Verma sharing data on employment in MSMEs noted that 1.31 crore people were employed in units incorporated in the financial year 2021-22, up 98 per cent from 66.2 lakh employees in MSMEs incorporated in FY20 or pre-Covid year and 16 per cent more in comparison to 1.12 crore employees in units incorporated in FY21. The data shared by Verma was sourced from Udhyam registration portal.Read more at Financial Express
Ease of Doing Business for MSMEs: The employment in MSMEs assumes significance as the government intends to add 5 crore more jobs in the MSME sector by 2025 from 11.10 crore jobs as per the National Sample Survey (NSS) 73rd round conducted during the period 2015-16.Ease of Doing Business for MSMEs: Minister of state for MSMEs Bhanu Pratap Singh Verma sharing data on employment in MSMEs noted that 1.31 crore people were employed in units incorporated in the financial year 2021-22, up 98 per cent from 66.2 lakh employees in MSMEs incorporated in FY20 or pre-Covid year and 16 per cent more in comparison to 1.12 crore employees in units incorporated in FY21. The data shared by Verma was sourced from Udhyam registration portal.Read more at Financial Express