The United Nations designated June 27 as Micro, Small, and Medium-Sized Enterprises (MSME) Day in 2017 to honor the crucial role played by the MSMEs in achieving the Sustainable Development Goals (SDGs) and their contribution to the global economy.

• MSMEs foster creativity, innovation, and provide decent employment opportunities.
• The commemoration of World MSME Day aims to bring attention to the noteworthy contributions of MSMEs and acknowledge their potential as drivers of economic growth, job creation, and poverty reduction.
• It serves as a platform to increase awareness regarding the challenges encountered by MSMEs, including limited access to finance, technology, skill development, and market opportunities.