- The Government of India has been actively fighting the threat of COVID-19 to protect its citizens and businesses, especially Micro, Small and Medium Enterprises (MSMEs). It is the government’s priority to provide them support and realize the larger goal of self-reliant India or Atmanirbhar Bharat.
- To give a boost to Make in India and support MSMEs - the backbone of the Indian economy, Government of India has launched several measures which include:
- New definition and classification criteria for MSMEs 1
- Launch of the online portal, CHAMPIONS 2
- Financial aid with the introduction of new schemes under comprehensive economic package 3