India, Feb. 2 -- India's MSME sector does not suffer from a lack of intent. It suffers from a surplus of fragmentation.

Over the past decade, successive governments have rightly expanded financial, skill, technology and market access interventions for MSMEs. Yet, for a sector that contributes nearly 30% to GDP and employs over 110 million people, outcomes have remained uneven. The reason is not policy absence, but policy dispersion.

NITI Aayog's recent report on Achieving Efficiencies in the MSME Sector through Convergence of Schemes makes a timely and necessary intervention. But its real value lies not in the mechanics of consolidation. It lies in reframing convergence as a strategic lever for competitiveness, not merely an exercise in...