President Murmu addresses MSME Day celebration in New Delhi
On 27 June 2025, President Droupadi Murmu addressed the MSME Day celebration in New Delhi.
Summary
President Droupadi Murmu addressed the MSME Day celebration in New Delhi on 27 June 2025, calling Micro, Small and Medium Enterprises a strong pillar of the economy that generates employment at relatively low capital cost, especially in rural and backward areas. The President listed the sector's challenges, including finance, competition from big corporations, technology gaps and delayed payments. Among the government's policy initiatives, she cited revised MSME classification criteria, more credit, and skill development of artisans under the PM Vishwakarma Yojana. The UN General Assembly designated 27 June as MSME Day through resolution A/RES/71/279 (static).
Key facts
- Event
- MSME Day celebration, New Delhi
- Chief guest
- President Droupadi Murmu
- Challenges cited
- Finance, competition, technology, raw material, skills, markets, delayed payment
- Initiatives cited
- Revised classification, credit, PM Vishwakarma Yojana
- UN designation (static)
- UNGA resolution A/RES/71/279 designated 27 June as MSME Day
Practice MCQs 3 questions
Who addressed the MSME Day celebration in New Delhi on 27 June 2025?
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Correct answer: C — President Droupadi Murmu
PIB: President Droupadi Murmu graced and addressed the MSME Day celebration in New Delhi on 27 June 2025.
Through which UN General Assembly resolution was 27 June designated as 'Micro-, Small and Medium-sized Enterprises Day'?
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Correct answer: A — A/RES/71/279
UN: the General Assembly designated 27 June as MSME Day through resolution A/RES/71/279.
Consider the following statements about President Murmu's MSME Day address (27 June 2025): 1. 27 June is observed as MSME Day following a UN General Assembly designation. 2. The President cited skill development of artisans under the PM Vishwakarma Yojana as a government initiative. 3. The President said MSMEs generate employment mainly at a high cost of capital. Which of the statements given above is/are correct?
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Correct answer: B — 1 and 2 only
Statements 1 (UN) and 2 (PIB) are correct. Statement 3 is wrong: the President said MSMEs generate employment at a relatively low cost of capital.