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NITI Aayog Unveils Report on Framing a Comprehensive Policy for Medium Enterprises.

National | Dated: 29 May 2025

In May 2025, the National Institution for Transforming India (NITI Aayog) unveiled a report titled "Designing a Policy for Medium Enterprises", launched by Shri Suman Bery, Vice Chairman of NITI Aayog.

🎯 Key Highlights:

  • - The report presents a comprehensive policy framework aimed at transforming medium enterprises into key drivers of India’s economic growth.
  • - It emphasizes the vital yet underutilized role of medium enterprises and proposes strategic policy interventions to harness their full potential.
  • - The launch event was attended by Dr. V.K. Saraswat, Member, NITI Aayog, and Dr. Arvind Virmani, Member, NITI Aayog.

💡 Other Important Facts:

  • (i) The MSME sector contributes around 29% to India’s Gross Domestic Product (GDP), accounts for 40% of exports, and provides employment to over 60% of the workforce.
  • (ii) The sector's composition is uneven, with 97% of registered MSMEs being micro enterprises, 7% small enterprises, and only 0.3% medium enterprises.
  • (iii) Despite their small share, medium enterprises contribute nearly 40% of MSME exports, demonstrating their significant untapped potential as scalable and innovation-driven businesses.

📚 Test Your Knowledge:

Which organization recently unveiled a report on framing a comprehensive policy for medium enterprises?

Correct Answer: NITI Aayog

🚀 Quick Recap:

About NITI Aayog

  • Chief Executive Officer (CEO) : B.V.R. Subrahmanyam
  • Headquarters: New Delhi