Ex Finance Commission Head On MSMEs' Role In Becoming 'Viksit Bharat' | Read

Former chairperson of Finance Commission NK Singh on Monday said the Micro, Small, and Medium Enterprises (MSMEs) play an important role in India's quest to become a "Viksit Bharat' (developed India). Speaking at NDTV's 'Emerging Business- Delhi Chapter Conclave', Mr Singh said if the MSMEs today contribute 30 per cent to the country's GDP, they should take it up to 40 per cent to realise Prime Minister Narendra Modi's vision of "viksit Bharat" by 2047. Mr Singh, who served as the chairman of the Fifteenth Finance Commission from 2017 to 2023, also said that women's empowerment in the sector also plays a key role.