6min chapter

The Daily Brief cover image

The Untold Story of India’s 1991 Economic Miracle

The Daily Brief

CHAPTER

Challenges and Solutions for India's MSMEs in Accessing Credit

This chapter explores the vital importance of micro, small, and medium enterprises (MSMEs) in India's economy, detailing their impact on GDP, exports, and job creation. It also examines the hurdles these businesses face in obtaining credit, outlining government initiatives designed to improve funding access and the necessity for MSMEs to formalize their operations.

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