Registration mandatory under MSME Act It envisages the establishment of the Micro & Small Enterprise Facilitation Council Updated - September 19, 2021 at 09:48 PM.

Chapter 4 of the MSME Development Act, which relates to measures for promotion, development and enhancement of competitiveness of MSMEs is also under review.

Highlighting the growth of the MSME sector, the ministry noted that the share of MSME Gross Value Added (GVA) in India's GDP grew from 29.7 per cent in 2017-18 to 30.5 per cent in both 2018-19 and ...