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President of India to preside over 'MSME Day'

Published: Jun 27, 2025

By TIOLCorplaws News Service

NEW DELHI, JUNE 27, 2025: PRESIDENT of India, Droupadi Murmu will preside over the 'MSME Day 2025 - Udyami Bharat event' on 27th June, 2025 at Vigyan Bhawan, New Delhi. Jitan Ram Manjhi, Minister for Micro, Small, and Medium Enterprises, Su Shobha Karandlaje, Minister of State in the Ministry of Micro, Small, and Medium Enterprises and, Manoj Kumar, Chairman, Khadi and Village Industries Commission along with officials from the Ministry and its organizations will attend the event.

MSME Day 2025 provides an opportunity to acknowledge the vital contribution of MSME sector in the economic growth and development of the country and it also works as a launch pad for various initiatives for a more resilient, competitive, and future-ready MSME sector.

Highlights of the Event:

- Hon'ble President of India, Droupadi Murmu, will release a special Postage Stamp , to commemorate completion of 25 years of Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in providing credit support to Micro and Small Enterprises (MSEs). Over 1.18 crore credit guarantees worth Rs. 9.80 lakh crore were approved under Credit Guarantee Scheme (CGS) since inception by CGTMSE, with a record Rs 3 lakh crore worth of credit guarantees extended in the last financial year 2024-25 alone.

- Hon'ble President will unveil the Ministry's newly developed Online Dispute Resolution (ODR) Portal. The sizable capital locked up on account of disputes  related to delayed payments of Micro and Small Enterprise (MSE) sellers constraints their business growth and competitiveness. To enhance ease of doing business, as also access to justice for MSEs, Ministry of MSME has developed an end-to-end ODR Portal, Parties to get the cases resolved from the convenience of their location, in a speedy and cost-effective manner.

- Hon'ble President will also launch MSME Hackathon 5.0 followed by the declaration of result of Hackathon 4.0. The Incubation component of the MSME Innovative under MSME Champions Scheme aims to promote innovation and adoption of advanced technologies among MSMEs. Innovators were invited to submit their ideas across multiple sectors and themes through registered Host Institutes (HIs) with a provision of granting up to Rs. 15 lakh per idea as financial support. Hackathon facilitates incubating novel ideas, support for mentorship and growth aligned with the Atma Nirbhar Bharat vision.

- Hon'ble President will release 'MSME Patrika' , an in-house journal which will provide useful information and insights on the issues opportunities related to the MSME sector and will act as a  forum for experience sharing among MSME. Alongside, a booklet ' Know Your Lender' will be released which will provide guidance to MSMEs on credit and will enable MSMEs to better understand their rights for obtaining credit.

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