New Delhi, Dec. 1 -- The Government has unveiled a series of measures aimed at strengthening the micro, small and medium enterprise (MSME) sector, focusing on digital enablement, improved access to finance, timely payments, technology adoption, and regulatory ease.

The initiatives were detailed by Minister of State, MSMEs, Sushri Shobha Karandlaje, in a written reply to the Rajya Sabha today.

Among the key measures is the Trade Enablement and Marketing (TEAM) Initiative, a sub-scheme under the Central Sector programme Raising and Accelerating MSME Performance (RAMP).

With an outlay of Rs 277.35 crore for 2024-27, TEAM seeks to empower 5 lakh micro and small enterprises (MSEs), with half expected to be women-owned, by leveraging digital...