India, May 26 -- The Government of India issued the following news release:
NITI Aayog today released a report titled "Designing a Policy for Medium Enterprises", offering a comprehensive roadmap for transforming medium enterprises into future growth engines of India's economy. The report highlights the critical, yet under-leveraged role played by medium enterprises and outlines targeted interventions to unlock their full potential. The report was launched by Shri Suman Bery, Vice Chairman, NITI Aayog in the presence of Dr. V.K. Saraswat, Member, NITI Aayog and Dr. Arvind Virmani, Member, NITI Aayog.
The report delves into the structural skew in the MSME sector, which contributes approximately 29% to India's GDP, accounts for 40% of expor...