High-level review meeting held on June 02, 2026 at Kartavya Bhavan, New Delhi
Meeting chaired by Union Minister for Micro, Small and Medium Enterprises (MSME), Shri Jitan Ram Manjhi
Minister of State for MSME, Sushri Shobha Karandlaje also present
Senior officials of the Ministry participated in the meeting
Purpose: Assess impact of geopolitical developments in West Asia on India's MSME sector
Comprehensive review covered: Availability and prices of raw material due to disruption of global supply chains, Exports and imports, Gas related issues, Transportation and logistics, Working capital concerns of the MSME sector
Minister directed officials to closely monitor the evolving situation
Minister directed development of timely and appropriate strategies to address potential challenges from global developments
MSME sector described as backbone of India's economy generating employment for millions of people
MSME sector makes substantial contribution to country's manufacturing output and exports
Government reaffirmed unwavering commitment to safeguarding interests of MSME entrepreneurs
Initiatives mentioned: Aatmanirbhar Bharat, Credit Guarantee Scheme for Micro and Small Enterprises (CGSMSE), Digital empowerment, Financial inclusion
