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Prayaas Scheme
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Situations
India MSME support and export drive
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Latest: SIDBI expands credit to Indian MSMEs with new branches and record lending
In June 2026 the Parliamentary Standing Committee on Industry highlighted MSMEs’ outsized role – about 48.5 % of exports, 31.1 % of GDP and 35.4 % of manufacturing output – and urged formalisation so firms can access cre