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Enhancing Competitiveness of MSMEs in India
May 7 , 2025
11 hrs 0 min
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- NITI Aayog, in collaboration with the Institute for Competitiveness (IFC) released a detailed report titled “Enhancing Competitiveness of MSMEs in India”.
- The share of micro and small enterprises availing credit from scheduled banks rose from 14% to 20%.
- The medium enterprises saw a rise from 4% to 9%.
- Only 19% of MSME credit demand was met through formal channels by FY21, leaving an unmet demand of approximately ₹80 lakh crore.
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