World MSME Day 2023 celebrated on 27th June
International Micro, Small and Medium Enterprises (MSME) Day or World MSME Day is observed every year on 27 June to highlight the importance of MSMEs across the world and the important role they play in being the backbone of a country's economy.
The theme of MSME Day 2023 in India is “Future-ready MSMEs for India@100”. Internationally, this year's theme is “Building a Stronger Future Together”.
The global body is also launching the #Brand10000MSMEs Network, a dynamic platform where MSMEs from across the world can connect, learn, and grow together.
Champions 2.0 Portal and Mobile App for Geo-tagging of Cluster Projects and Technology Centers were launched by the Ministry of MSME to promote the expansion and growth of MSMEs in India.
The results of "MSME Idea Hackathon 2.0" and "MSME Idea Hackathon 3.0" for women entrepreneurs were announced during the event.
History
The United Nations (UN) designated 27 June as Micro, Small, and Medium-Sized Enterprises Day through a resolution passed at the United Nations General Assembly in April 2017. According to UN data, MSMEs account for 90% of businesses, 60% to 70% of jobs, and half of global GDP worldwide.
