Today i.e. on 27th June, Micro, Small and Medium Enterprises Day (MSME Day) is being celebrated across the world. This day is celebrated with the aim of appreciating the contribution of MSMEs in achieving the country’s economy and development goals. According to the United Nations (UN), about 90 percent of the business in the world comes from MSMEs. Also, these MSMEs provide 60 to 70 percent of the employment in the world. Apart from this, 50 percent of the world’s gross domestic product (GDP) is contributed by these MSMEs only.
On this occasion of MSME Day, many programs are organized in the country and the world. This year, the UN and its allies have called for celebrating this day keeping the ‘Role of MSMEs in strengthening the global economy’ at the center.
Importance of MSME Day
The UN had announced to celebrate World MSME Day on 27 June every year by passing a resolution in its General Assembly in 2017. World MSME Day was celebrated for the first time on 27 June 2017. MSME has played a very important role in the world as well as in India. At present more than six crore MSMEs are active in the country. They are not only making a big contribution to the GDP of the country but are also helping in providing employment opportunities to a large population. In the Corona era, the role of MSMEs has increased to promote self-reliant India campaign.
Theme of MSME Day
In the year 2021, MSME Day will be celebrated on the theme of “MSME 2021: Key to Inclusive and Sustainable Recovery”. On this occasion, the UN will organize many events. Whose purpose will be discussed on the contribution of MSME in bringing the economy back on track in this era of Corona epidemic and making it stronger.
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