New Delhi, March 26 -- BVR Subrahmanyam, CEO, NITI Aayog on Wednesday noted that Micro, Small and Medium Enterprises (MSMEs) are most affected by regulations and MSMEs cannot exist in isolation and that their challenges must be tackled in clusters and groups.

Speaking at a launch event organized by the Confederation of Indian Industry (CII) today in New Delhi, Subrahmanyam said that medium enterprises of today (or MSMEs) are going to be the large enterprises of tomorrow. He said that the Government must handhold them and transform them from micro to small, small to medium and medium to large enterprises.

The NITI Aayog CEO underlined the three main challenges MSMEs face: improving technology, skilled workforce and issues related to qual...