International MSMEs Day

Why in news ? Every year, Micro, Small and Medium-sized Enterprises (MSMEs) Day is celebrated on 27th June to recognise the contribution of these industries in the implementation of the Sustainable Development Goals (SDGs). History: The United Nations (UN) designated 27thJune as Micro, Small and Medium-sized Enterprises Day through a resolution passed in the UN General Assembly in April 2017. In May 2017, a program titled 'Enhancing National Capacities for Unleashing Full Potentials of MSMEs in Achieving the SDGs in Developing Countries' was launched. It has been funded by the 2030 Agenda for Sustainable Development Sub-Fund of the United Nations Peace and Development Fund. Significance: The UN wants countries to recognise sustainable development goals and create awareness about them. An International Trade Centre survey on Covid-19 impact among businesses in 136 countries....Read More