NITI Aayog Report on Medium Enterprises Policy
Why in the news
NITI Aayog’s report called medium enterprises a pillar of Viksit Bharat @2047 and sought tailored reforms.
Key facts
| Indicator | Finding |
|---|---|
| Jobs per unit | 89 (micro 5.7, small 19.1) |
| Exports | About ₹50,562 crore a year |
| MSME GDP share | 29% |
- A 20% growth could yield ₹5.4 lakh crore forex and 12 lakh jobs.
- Policy tilts toward micro and small units.
Challenges
- Only 10% use government portals.
- No working capital facility.
- 82% lack Industry 4.0 tools.
- Generic skilling, no central R&D support, complex compliance.
Way forward
- Turnover-linked working capital scheme.
- SME 4.0 Competence Centres and sector testing labs under MSE-CDP.
- Custom local training; a three-tier R&D framework.
Exam angle
- Portal: Udyam.