The Micro, Small, and Medium Enterprises (MSME) sector has come up with great influence in the Indian economy over the last five decades. The MSMEs have played a crucial role in providing basic employment and generated a chunk of revenue for the economy. Atam nirbhar Bharat is part of MSME and the Indian Government has launched various schemes and policies to encourage small-scale industries. The Central Government has also notified various provisions of the MSME Development Act, 2006.
Benefit to MSME registrered units.