"National Small Industry Day Celebrated on August 30 to Honor Small Business Contributions.

Important Days

National Small Industry Day, observed annually on August 30, celebrates the pivotal role of Micro, Small, and Medium Enterprises (MSMEs) in shaping economies worldwide. According to the United Nations, MSMEs represent 90% of businesses, generate 60 to 70% of employment, and contribute 50% of global GDP. These enterprises are not just economic entities but the backbone of societies, fostering livelihoods and driving inclusive growth, especially among the working poor, women, youth, and vulnerable communities.


      Aims to increase public awareness of the challenges and opportunities faced by small businesses.

      MSMEs support livelihoods and promote inclusive growth, particularly benefiting the working poor, women, youth, and vulnerable groups.

     

 

     


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