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International MSME literally known by Micro, Small and Medium Enterprises day was celebrated across the world on 27 June. The United Nations Kingdom was adopted a resolution on 6th April 2017. Main theme of the Day is for achieving the Worlds Sustainable Development Goals, promoting innovation and creativity, and creating employment internationally.
The General Assembly declared 27 June Micro-, Small and Medium-sized Enterprises Day, to elevate public recognition in their contribution to sustainable improvement and the worldwide economy. The COVID-19 disaster has taught us that the pandemic and containment measures do now no longer effect every person with inside the equal way. Among the non-public sector, Micro-, Small and Medium-sized Enterprises (MSMEs), in particular the ones led with the aid of using women, youth, ethnic minorities, and migrants, suffered the most.
International MSME Day 2025 Date – June 27
In this article readers can get a glimpse on
- History and Significance of International MSME Day
- International MSME Day Theme 2025
- International MSME Day Quiz
International MSME Day- History
1: Who was the first woman President of India?
- The United Nations (UN) distinct twenty seventh June as Micro, Small and Medium-sized Enterprises Day via a decision handed with inside the UN General Assembly in April 2017.
- In May 2017, a application titled ‘Enhancing National Capacities for Unleashing Full Potentials of MSMEs in Achieving the SDGs in Developing Countries’ become launched.
- It has been funded via way of means of the 2030 Agenda for Sustainable Development Sub-Fund of the United Nations Peace and Development Fund.
- MSMEs are important to assembly the Sustainable Development Goals. Efforts to enhance get admission to to credit score for SMEs in key regions of country wide economies are a important issue of attaining the SDGs. As MSMEs begin to stand up more potent from the aftereffects of Covid-19, MSME Day recognizes the important function that those adaptable marketers play in reinforcing the nearby and worldwide economies. MSMEs play a important function in selling financial boom and producing jobs for prone populations in all social groups.
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Start Learning!International MSME Day- Significance
- The UN dreams international locations to realize sustainable development goals and create cognizance about them.
- An International Trade Centre survey on Covid-19 impact among groups in 136 international locations has validated that nearly 62% of women-led small groups had been strongly tormented by the crisis, in contrast to clearly over half of of of businesses led via men, and women-owned are 27% more likely now not to stay to inform the story the pandemic.
- Formal and informal MSMEs make up over 90% of all businesses and account, on average, for 70% of fashionable employment and 50% of GDP. As such, they are key actors in attaining a green recovery.
- micro-enterprise: Fewer than 10 employees and an annual turnover (the amount of money taken in a particular period) or balance sheet (a statement of a company’s assets and liabilities) below €2 million.
- small enterprise: Fewer than 50 employees and an annual turnover or balance sheet below €10 million.
- medium-sized enterprise: Fewer than 250 employees and annual turnover below €50 million or balance sheet below €43 million.
International MSME Day Theme 2025
International MSME Day is observed annually on June 27th. For 2025, the overarching theme being highlighted by the United Nations is “Enhancing the Role of MSMEs as Drivers of Sustainable Growth and Innovation.”
This theme comes at a critical juncture, preceding major global conferences like the Fourth International Conference on Financing for Development (FfD4) and the Second World Summit for Social Development. It emphasizes the pivotal role of Micro, Small, and Medium-sized Enterprises in fostering inclusive growth and achieving the Sustainable Development Goals (SDGs).
Key aspects of the 2025 theme include:
- Driving Sustainable Growth: Recognizing MSMEs as engines of economic development that contribute to job creation, income generation, and local economies, particularly for vulnerable groups like women and youth. The theme encourages policies and initiatives that enable MSMEs to grow in an environmentally and socially responsible manner.
- Fostering Innovation: Highlighting the agility and adaptability of MSMEs in adopting new technologies, developing innovative solutions, and contributing to a more dynamic global economy. This includes leveraging tools like AI, analytics, and digital platforms for streamlining operations and understanding customer behavior.
- Addressing Challenges: Acknowledging the persistent hurdles faced by MSMEs, such as limited access to finance, inadequate infrastructure, and the complexities of operating in a changing global landscape. The theme calls for concerted efforts from governments, international organizations, and partners to provide better policy support, accessible funding, and favorable business environments.
- Connecting Entrepreneurs: Events and initiatives around MSME Day 2025, such as “Business for MSMEs – Connecting the Entrepreneurs,” aim to facilitate networking, knowledge sharing, and collaborations among MSMEs, investors, policymakers, and industry leaders to unlock new opportunities and foster collective growth.
In essence, the 2025 theme for International MSME Day underscores the fundamental importance of these enterprises as not just economic drivers, but also as vital catalysts for building resilient, innovative, and equitable societies worldwide.
International MSME Day Previous Themes
- MSME Day 2021 theme: Key to an inclusive and sustainable recovery.
- MSME Day 2020 theme: COVID-19: The Great Lockdown and its impact on Small Business.
- MSME Day 2019 theme: ‘Big Money For Small Business: Financing the SDGs’. And the theme is dedicated towards raising awareness of need for greater investment.
- MSME Day 2018 theme: The Youth Dimension. MSMEs are major job providers and catalysts for growth. MSME are a critical force in realizing the Sustainable Development Goals (SDGs). MSME is promoting innovation, creativity and decent work for all.
- MSME Day 2017 theme: ‘Small Business, Big Impact. ‘ MSMEs make up over 90% of the world’s economy.
MSME Day 2021 Theme
The subject of the Micro-, Small and Medium-sized Enterprises Day subject of 2021 is “MSME 2021: the important thing to an inclusive and sustainable recovery.” That is why the UN might be web website hosting a sequence of activities to discover how MSMEs — the spine of our economies may be prepared to make certain an equitable and sustainable post-COVID-19 recovery.
An International Trade Centre survey on COVID-19 effect amongst groups in 136 international locations has proven that almost 62% of women-led small groups were strongly suffering from the crisis, as compared to simply over 1/2 of of corporations led with the aid of using men, and women-owned are 27% much more likely now no longer to live to tell the tale the pandemic.
A virtual event titled Key to an inclusive and sustainable recovery, co-organized by the UN Department of Economic and Social Affairs with other departments, is scheduled for this year. The theme is ‘Achieving the SDGs, and an economy that is greener and fairer, requires resilient and flourishing MSMEs everywhere’.
With this theme, the UNDESA will be discussing actions that can be taken to ensure a quick COVID-19 recovery for the MSMEs while also keeping sustainable development goals in mind.
MSME Day 2020 Theme
The international Micro, Small and Medium-sized Enterprises (MSME) Day is being observed on 27 June under the theme “COVID-19: The Great Lockdown and its impact on Small Business.”
The UN General Assembly in its 74th Plenary held on the 6th April, 2017 declared 27th June as Micro, Small and Medium-sized Enterprises Day. Objective of the day is to recognize the importance of MSMEs in achieving sustainable development goals and in promoting innovation, creativity and sustainable work for all.
An International Trade Centre survey on COVID-19 effect amongst groups in 136 international locations has proven that almost 62% of women-led small groups were strongly suffering from the crisis, as compared to simply over 1/2 of of corporations led with the aid of using men, and women-owned are 27% much more likely now no longer to live to tell the tale the pandemic.
MSME Day 2019 Theme
Big Money For Small Business: Financing the SDGs. It is dedicated towards raising awareness of need for greater investment into small and mid-sized businesses in developing countries and celebrate gigantic contribution which smaller companies make to global economy.
With the aim of overcoming challenges faced by MSME, the International Trade Center, (a United Nations’ entity) that works in internationalization of micro and SMEs on occasion of MSME Day 2019 launched its flagship report tilted- The SME Competitiveness Outlook 2019: Big money for small businesses.
MSME Day 2018 Theme
MSME Day 2018 is being identified beneath the assignment The Youth Dimension and as such is devoted to young adults and could cowl subjects which include young adults entrepreneurship and young adults employment.
MSME Day highlights the robust contribution of groups worldwide to livelihoods, groups and economies, and the want to aid MSMEs within side the path of their success. It furthermore advocates the significance of MSMEs in young adults employment; beautifies recognition at some point of the talents favored through the approach of young adults to accumulate great jobs and lift recognition around young adults entrepreneurship.
According to the ITC, MSMEs are primary task carriers and catalysts for boom. They stay a vital pressure in figuring out the Sustainable Development Goals (SDGs). MSMEs sell innovation, creativity and respectable paintings for all. The personal area drives jobs boom, accounting for 87% of overall employment in 2016. Four in 5 new formal jobs created in rising markets are amongst MSMEs.
Globally, over sixty six million children are unemployed and one hundred forty five million younger people stay in poverty. Youth unemployment is as a minimum 3 instances better than that of adults. A mismatch in competencies and Labour marketplace necessities way that many younger humans face problems in securing a task.
The key message at the back of this year’s subject matter for MSME Day is that younger marketers are greater energetic in high-boom sectors, are much more likely to lease different younger personnel and pay better wages than ‘older’ firms. Youth-led organizations can cause children-led task introduction and it’s been validated that younger humans display better tiers of entrepreneurial initiative than adults do.
MSME Day 2017 Theme
The International Trade Centre (ITC) has celebrated the first-ever International MSME Day on June 27, 2017 with theme ‘Small business – big impact’. The purpose of the day is to raise public awareness about the importance of MSMEs to economic growth and international development. The Micro, Small and Medium Enterprises (MSME) Day highlights the strong contribution of MSMEs worldwide to livelihoods, communities and economies and the need to support MSMEs towards their success. The ITC is the joint agency of the UN and the WTO supporting SMEs in developing countries and transition economies for sustainable and inclusive trade.
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Start Learning!International MSME Day- Indian Role
- They are the increase accelerators of the Indian financial system, contributing approximately 30% of the country’s gross home product (GDP).
- In phrases of exports, they’re an quintessential a part of the deliver chain and make contributions approximately 48% of the general exports.
- MSMEs additionally play an crucial function in employment generation, as they rent approximately one hundred ten million humans throughout the country.
- Interestingly, MSMEs are intertwined with the agricultural financial system as well, as extra than 1/2 of of the MSMEs function in rural India.
International MSME Day Quiz 2025
A) North America
B) Asia-Pacific
C) Europe
3. What percentage of total employment in developing countries is provided by MSMEs?
A) 40%
B) 60%
C) 70%
A) 20%
B) 30%
C) 50%
5. How many MSMEs are estimated to operate in India?
A) 25 million
B) 45 million
C) 63 million
A) 30%
B) 48%
C) 60%
A) Low taxation
B) Lack of access to finance
C) Surplus labour
A) SEBI
B) SIDBI
C) NABARD
B) Services
C) Heavy Industry
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International MSME Day Quiz 2025 PDF
International MSME Day serves as a reminder of the critical role that micro, small, and medium enterprises play in global economic development. These businesses drive innovation, create employment, and support inclusive growth, especially in developing nations. By contributing significantly to GDP and exports, MSMEs act as a backbone for resilient and sustainable economies. Recognizing their challenges, such as limited access to finance and technology, is essential for shaping effective policies. This day encourages stakeholders to support MSMEs through investment, training, and market access.
Celebrating MSME Day also highlights the need for collaboration between governments, private sectors, and global institutions. Strengthening MSMEs not only boosts entrepreneurship but also promotes economic equality and social progress. As digital transformation and sustainability become more vital, empowering MSMEs to adapt is crucial. The observance of this day inspires global action towards inclusive recovery and long-term growth. Ultimately, supporting MSMEs means supporting communities, innovation, and the future of work.
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Start Learning!Frequently Asked Questions
What is International MSME Day?
International MSME Day is celebrated every year on June 27. It was established by the United Nations to recognize the role of micro, small, and medium enterprises in global development. MSMEs are vital for job creation, economic growth, and innovation. The day highlights their contributions and addresses the challenges they face. It aims to promote awareness and support for small businesses worldwide.
Why are MSMEs important to the economy?
MSMEs contribute significantly to employment, GDP, and exports. In many developing countries, they form over 90% of businesses and provide over 70% of jobs. They encourage local entrepreneurship and innovation. MSMEs also help in regional development and poverty reduction. Their flexibility makes them crucial for adapting to changing economic conditions.
Who declared June 27 as International MSME Day?
The United Nations General Assembly declared June 27 as International MSME Day in 2017. The resolution was introduced with support from countries like Argentina. It aimed to recognize the importance of small businesses in achieving sustainable development goals (SDGs). The day is observed globally by governments, organizations, and entrepreneurs. It encourages action to strengthen MSME support systems.
What are the main challenges faced by MSMEs?
MSMEs often struggle with limited access to finance and credit. They may lack advanced technology, infrastructure, and skilled labor. Regulatory hurdles and limited market access also affect their growth. In developing nations, digital adoption remains a significant barrier. These challenges make them vulnerable to economic disruptions.
How do MSMEs contribute to employment?
MSMEs are among the largest job providers in most economies. They employ workers across sectors like manufacturing, trade, and services. In some countries, over 70% of employment is from MSMEs. They offer flexible job opportunities, especially in rural and informal sectors. Their ability to absorb labor makes them essential during economic recovery.
What is the role of SIDBI in India’s MSME sector?
SIDBI, or Small Industries Development Bank of India, supports the growth of Indian MSMEs. It provides financial assistance, loans, and development programs. SIDBI promotes entrepreneurship by offering credit at low interest rates. It also partners with other institutions for MSME skill development and digitization. SIDBI plays a vital role in improving MSME competitiveness.
How are MSMEs classified in India?
MSMEs in India are classified based on investment in plant, machinery, or equipment and annual turnover. Micro enterprises invest up to ₹1 crore with turnover up to ₹5 crore. Small enterprises invest up to ₹10 crore and turnover up to ₹50 crore. Medium enterprises invest up to ₹50 crore with turnover up to ₹250 crore. This classification helps in policy implementation and targeted support.
How do governments support MSMEs?
Governments provide MSMEs with financial aid, tax reliefs, and easier credit access. They also offer digital tools, training, and mentorship programs. Infrastructure development and simplified regulations are common support measures. Some countries create special economic zones or e-marketplaces for MSMEs. These efforts help small businesses scale and compete globally.
How does International MSME Day help raise awareness?
The day brings global attention to the needs and achievements of MSMEs. It promotes dialogue between policymakers, investors, and entrepreneurs. Events, campaigns, and reports are released to highlight best practices and policy suggestions. It also encourages youth and women to explore entrepreneurship. International MSME Day ensures that small businesses are part of economic planning.
What is the future outlook for MSMEs?
MSMEs are expected to drive inclusive and sustainable economic recovery. With support in digitalization and innovation, they can scale faster. Climate-friendly practices and green technologies are new opportunities for MSMEs. Global trade and e-commerce also open new markets for small businesses. Continued investment and policy focus will shape a resilient MSME sector.