President Murmu to Lead MSME Day 2025 Celebrations, Unveil Major Initiatives for Sector Growth

Featured & Cover President Murmu to Lead MSME Day 2025 Celebrations Unveil Major Initiatives for Sector Growth

President of India, Droupadi Murmu, is set to lead the upcoming ‘MSME Day 2025 – Udyami Bharat event’ on June 27, 2025, at Vigyan Bhawan in New Delhi. The event, organized by the Ministry of Micro, Small, and Medium Enterprises (MSME), will also see the participation of key government officials including Jitan Ram Manjhi, the Union Minister for MSMEs, Shobha Karandlaje, Minister of State in the same ministry, and Manoj Kumar, Chairman of the Khadi and Village Industries Commission. Senior ministry officials and representatives from associated organizations will also be in attendance.

The annual MSME Day serves as a platform to recognize the invaluable contribution made by the Micro, Small, and Medium Enterprises sector to India’s economic development. At the same time, it acts as a launchpad for multiple forward-looking initiatives aimed at creating a robust, competitive, and future-ready MSME ecosystem. This year’s event is poised to be particularly significant, with several major launches and acknowledgements planned in the presence of the Hon’ble President.

One of the key moments of the event will be the release of a commemorative postage stamp by President Murmu. This special stamp marks the 25th anniversary of the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), which has been a cornerstone of financial support for micro and small businesses across India. Over the last quarter-century, CGTMSE has played a pivotal role in providing credit support to Micro and Small Enterprises (MSEs), with more than 1.18 crore credit guarantees approved. The cumulative value of these guarantees stands at a staggering Rs 9.80 lakh crore. Notably, in the just-concluded financial year 2024-25 alone, the CGTMSE extended a record Rs 3 lakh crore worth of credit guarantees.

The President will also inaugurate the newly developed Online Dispute Resolution (ODR) Portal, a significant initiative aimed at enhancing the ease of doing business for MSEs. One of the recurring challenges faced by MSEs is the delay in receiving payments, which ties up significant capital and hampers business expansion and operational efficiency. The ODR portal has been developed to address this issue by offering a streamlined, digital method for resolving disputes. “To enhance ease of doing business, as also access to justice for MSEs, Ministry of MSME has developed an end-to-end ODR Portal, Parties to get the cases resolved from the convenience of their location, in a speedy and cost-effective manner,” the announcement highlighted. The portal aims to enable MSEs and their clients to settle payment disputes quickly and conveniently from anywhere, eliminating the need for lengthy legal processes and physical appearances.

In a move to promote innovation and cutting-edge technology in the sector, President Murmu will launch MSME Hackathon 5.0. This will be followed by the official announcement of the results of the previous edition, Hackathon 4.0. These hackathons fall under the Incubation component of the MSME Innovative segment, which is a part of the broader MSME Champions Scheme. This initiative is geared toward encouraging innovation, nurturing startups, and enabling MSMEs to adopt advanced and emerging technologies. Through this program, innovators across multiple sectors were invited to present their ideas via recognized Host Institutes. Selected ideas are eligible for financial support of up to Rs 15 lakh each. “Hackathon facilitates incubating novel ideas, support for mentorship and growth aligned with the Atma Nirbhar Bharat vision,” the statement said. These hackathons not only encourage creative solutions but also provide a nurturing ecosystem through mentorship and funding to bring these ideas to fruition.

Another important launch scheduled for MSME Day 2025 is the release of ‘MSME Patrika’, an in-house journal published by the Ministry of MSME. This publication is expected to serve as an informative resource containing valuable insights, updates, and articles on the sector. It aims to help business owners and stakeholders better understand the opportunities and challenges within the MSME landscape. The journal will also act as a platform for MSMEs to share experiences and best practices.

Alongside the Patrika, a booklet titled ‘Know Your Lender’ will be unveiled. This guide is designed to help MSMEs navigate the often-complex world of credit and financing. It will serve as a practical tool to help business owners understand their rights and responsibilities when seeking loans, and to identify the best sources of funding for their specific needs. “A booklet ‘Know Your Lender’ will be released which will provide guidance to MSMEs on credit and will enable MSMEs to better understand their rights for obtaining credit,” noted the ministry.

Overall, the MSME Day 2025 event promises to be a landmark occasion for India’s micro, small, and medium business community. With the active participation of the President and several top government officials, the event reflects the government’s sustained commitment to strengthening the MSME sector as a vital engine of economic growth, innovation, and job creation.

These initiatives, especially the ODR portal and the financial backing through CGTMSE and the Hackathon schemes, underscore the focus on making the MSME sector more self-reliant and digitally empowered. At a time when economic competitiveness and speed of execution are vital, providing MSMEs with effective tools to resolve disputes, access credit, and adopt innovation is expected to significantly enhance their contribution to India’s GDP and export potential.

As India continues on its journey towards becoming a global manufacturing and innovation hub, the emphasis on MSMEs through such targeted support mechanisms reinforces the vision of a more inclusive and dynamic economy. President Murmu’s role in presiding over these developments also highlights the central role of MSMEs in national policymaking and the broader economic narrative.

The celebration of MSME Day this year is not just about recognizing the past achievements of the sector, but also about laying down a comprehensive roadmap for the future. The collective aim is to make Indian MSMEs more resilient, technologically advanced, and capable of meeting both domestic and international market demands.

In conclusion, MSME Day 2025 will serve as a milestone in the government’s ongoing efforts to empower and uplift one of the most vital sectors of the Indian economy. With new platforms for innovation, justice, financial support, and knowledge-sharing being introduced, the event is poised to inspire a renewed wave of growth and opportunity across the country’s vast network of micro, small, and medium enterprises.

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