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LatestLicenses And Certifications 28 June 2026

MSME Updates

India's MSME sector contributes 31.1 percent to GDP, with formal registrations crossing 8.7 crore as of June 2026. The sector employs over 36 crore people and is a crucial part of the country's growth. The government has launched several initiatives to support MSMEs, including the Udyam Registration Portal and Udyam Assist Platform. Logistics and digital platforms are expected to play a key role in the future of MSMEs.

The MSME sector in India is a significant contributor to the country's GDP, employing over 36 crore people. To support this sector, the government has launched several initiatives, including the Udyam Registration Portal and Udyam Assist Platform. - Key initiatives include the Udyam Registration Portal, which has seen over 8.7 crore registrations, and the Udyam Assist Platform. - Logistics and digital platforms are expected to play a key role in the future of MSMEs, with initiatives such as MUDRA, GST, UPI, ONDC, and PM Gati Shakti. - The sector faces challenges such as access to credit, but the government is working to address these issues through various schemes.

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