MSME credit rises to 20%, $94.92 bn gap remains: NITI Aayog
The report on ‘Enhancing MSMEs Competitiveness in India’ highlights significant improvements in MSME credit access but reveals a ₹80 lakh crore (~$94.92 billion) credit gap. It outlines challenges such as skill shortages, low R&D investment, and barriers to adopting modern technologies. The report calls for systemic reforms in financing, skilling, innovation, and market access.
The report on ‘Enhancing MSMEs Competitiveness in India’ highlights significant improvements in MSME credit access but reveals a ₹80 lakh crore (~$94.92 billion) credit gap.
It outlines challenges such as skill shortages, low R&D investment, and barriers to adopting modern technologies.
The report calls for systemic reforms in financing, skilling, innovation, and market access.
