The prime minister, Mr. Narendra Modi, emphasized the vital role of small, medium, and micro enterprises (SMMEs) in shaping the future of India. In a recent speech, he tasked the industry with concentrating on product delivery and services of superior quality and longevity that are strong enough to reach global standards.
Recognizing the immense potential of MSMEs, the government ensures effective measures through financial support, talent development, and other directions. Projects like PM Mudra Yojana and PM Vishwakarma Yojana have become very critical to the industry in terms of adding to the sector’s progress.
Also, the government is dedicated to developing infrastructure as the PM Gatishakti National Master Plan is being introduced, which is meant to provide the infrastructure of a multimodal connectivity network all over the country. Sharing responsibility in this regard facilitates micro businesses to be productive and steers the nation to develop more.