The PRESS Pad

Government Strengthens MSMEs with Financial and Non-Financial Support Under ₹25,060 Crore Export Promotion Mission (2025–2031) The Ministry of Commerce and Industry has launched seven additional interventions  under the Export Promotion Mission (EPM) , a flagship initiative designed to empower Micro, Small and Medium Enterprises (MSMEs) to compete effectively in global markets. The new measures aim to address key structural constraints faced by MSMEs, including high cost of c

In the Union Budget 2026–27 , Finance Minister Nirmala Sitharaman  announced a new reform-oriented initiative called the Corporate Mitra programme , aimed at providing structured professional support to Micro, Small and Medium Enterprises (MSMEs)  across India. The proposal was presented in Parliament on February 1, 2026 , as part of the government’s wider economic strategy focused on growth, employment generation, enterprise development, and improved compliance mechanisms  f

Micro, Small, and Medium Enterprises (MSMEs) are vital to India’s economy, yet they face structural and environmental challenges. This UPSC GS3 model answer explores how sustainable practices—guided by ESG frameworks, government incentives, and industry collaboration—can help MSMEs achieve economic resilience, inclusive growth, and environmental responsibility. A must-read for aspirants looking to integrate facts, policy, and analysis into their Mains answers.