Celebrating micro, small and medium-sized enterprises (MSMEs) day

Lifestyle Saturday 26/June/2021 21:10 PM
By: Times News Service
Celebrating micro, small and medium-sized enterprises (MSMEs) day

Micro, Small and Medium-sized Enterprises (MSMEs) Day is celebrated every year on 27th June. The day is marked to recognise the contribution of these industries in the implementation of the Sustainable Development Goals (SDGs).

As many as 90 per cent of businesses are generated from MSMEs. As per a blog on the United Nations (UN) website, these businesses provide 60 to 70 per cent of employment.The day is  to raise public awareness of their contribution to sustainable development and the global economy.

In 2021, the theme is “MSME 2021: key to an inclusive and sustainable recovery.” That is why the UN will be hosting a series of events to explore how MSMEs – the backbone of our economies – can be equipped to ensure an equitable and sustainable post-COVID-19 recovery.

As micro, small and medium-sized enterprises emerge stronger from the aftermath of COVID-19, the United Nations and its partners celebrate the pivotal role that these resilient entrepreneurs play in strengthening the global economy.