New Delhi, Feb. 9 -- India's micro, small and medium enterprises (MSMEs) are showing signs of recovery and resilience following policy reforms and Budget measures but persistent structural issues and global uncertainties continue to pose challenges.

Recent government steps, including enhanced credit and equity support, higher growth thresholds, faster payments and entrepreneurship schemes are strengthening the sector and making it more competitive, reported Business Standard quoting industry experts.

"The measures in the Union Budget taken together position the MSME sector on a stronger footing today, making it more resilient and competitive than before," says Binod Kumar, managing director (MD) and chief executive officer (CEO), Indian...