On June 27, 2025, the President of India, Smt. Droupadi Murmu, presided over the MSME Day 2025 Udyami Bharat event at Vigyan Bhawan, New Delhi. The event, also attended by Shri Jitan Ram Manjhi, Minister for Micro, Small, and Medium Enterprises, Sushri Shobha Karandlaje, Minister of State, and Shri Manoj Kumar, Chairman, Khadi and Village Industries Commission, highlighted the MSME sector's contribution to economic growth and served as a platform for launching initiatives aimed at a more resilient, competitive, and future-ready sector.
Key highlights included the release of a commemorative postage stamp marking the 25th anniversary of the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE). CGTMSE has approved over 1.18 crore credit guarantees worth Rs. 9.80 lakh crore since its inception, including a record Rs 3 lakh crore in the financial year 2024-25. The President also unveiled the Ministry's newly developed Online Dispute Resolution (ODR) Portal designed to expedite the resolution of delayed payments to Micro and Small Enterprises (MSEs). Furthermore, MSME Hackathon 5.0 was launched, following the declaration of results for Hackathon 4.0, under the MSME Innovative scheme, which facilitates the incubation of novel ideas with financial support of up to Rs. 15 lakh per idea through registered Host Institutes (HIs). The event also included the release of the MSME Patrika, an in-house journal providing information and insights on the MSME sector, and a booklet titled "Know Your Lender" to guide MSMEs on credit access and rights.
Key Entities Referenced
Smt. Droupadi Murmu: President of India, the principal figure presiding over the MSME Day event.
Ministry of Micro, Small and Medium Enterprises: The Indian government ministry responsible for the development of MSMEs, the organizer of the event.
MSME Day 2025: An annual event focused on acknowledging the contribution of the MSME sector and launching initiatives for its growth.
Vigyan Bhawan, New Delhi: The venue in New Delhi where the MSME Day event and Udyami Bharat event will be held.
CGTMSE: Credit Guarantee Fund Trust for Micro and Small Enterprises, an organization providing credit support to MSEs, celebrating 25 years of service.
Credit Guarantee Scheme CGS: A scheme under CGTMSE that approves credit guarantees for Micro and Small Enterprises (MSEs).
Online Dispute Resolution ODR Portal: A newly developed portal by the Ministry of MSME for online resolution of grievances related to delayed payments to MSEs.
MSME Champions Scheme: A scheme that includes the Incubation component and promote innovation and adoption of advanced technologies among MSMEs.
Ministry of Micro,Small & Medium Enterprises
President of India Smt. Droupadi Murmu to preside
over ‘MSME Day’’on 27th June, 2025
Hon’ble President to address MSME assembled from
all parts of the country at Vigyan Bhawan, New Delhi
Release of Commemorative Stamp on completion of
25 years of service by CGTMSE to MSME
Launch of Portal for online resolution of grievances
of Micro and Small Enterprises related to delayed
payments
Posted On: 26 JUN 2025 2:50PM by PIB Delhi
President of India, Smt. Droupadi Murmu will preside over the ‘MSME Day 2025 - Udyami Bharat event’ on
th
27 June, 2025 at Vigyan Bhawan, New Delhi. Shri Jitan Ram Manjhi, Minister for Micro, Small, and
Medium Enterprises, Sushri Shobha Karandlaje, Minister of State in the Ministry of Micro, Small, and
Medium Enterprises and, Shri Manoj Kumar, Chairman, Khadi and Village Industries Commission along with
officials from the Ministry and its organizations will attend the event.
MSME Day 2025 provides an opportunity to acknowledge the vital contribution of MSME sector in the
economic growth and development of the country and it also works as a launch pad for various initiatives for
a more resilient, competitive, and future-ready MSME sector.
Highlights of the Event:
Hon’ble President of India, Smt. Droupadi Murmu, will release a special Postage Stamp, to
(cid:109)
commemorate completion of 25 years of Credit Guarantee Fund Trust for Micro and Small
Enterprises (CGTMSE) in providing credit support to Micro and Small Enterprises (MSEs). Over
1.18 crore credit guarantees worth Rs. 9.80 lakh crore were approved under Credit Guarantee
Scheme (CGS) since inception by CGTMSE, with a record Rs 3 lakh crore worth of credit
guarantees extended in the last financial year 2024-25 alone.
Hon’ble President will unveil the Ministry’s newly developed Online Dispute Resolution (ODR)
(cid:109)
Portal. The sizable capital locked up on account of disputes related to delayed payments of Micro
and Small Enterprise (MSE) sellers constraints their business growth and competitiveness. To
enhance ease of doing business, as also access to justice for MSEs, Ministry of MSME has
developed an end-to-end ODR Portal, Parties to get the cases resolved from the convenience of
their location, in a speedy and cost-effective manner.Hon’ble President will also launch MSME Hackathon 5.0 followed by the declaration of result of
(cid:109)
Hackathon 4.0. The Incubation component of the MSME Innovative under MSME Champions
Scheme aims to promote innovation and adoption of advanced technologies among MSMEs.
Innovators were invited to submit their ideas across multiple sectors and themes through registered
Host Institutes (HIs) with a provision of granting up to Rs. 15 lakh per idea as financial support.
Hackathon facilitates incubating novel ideas, support for mentorship and growth aligned with the
Atma Nirbhar Bharat vision.
Hon’ble President will release ‘MSME Patrika’, an in-house journal which will provide useful
(cid:109)
information and insights on the issues opportunities related to the MSME sector and will act as a
forum for experience sharing among MSME. Alongside, a booklet ‘Know Your Lender’ will be
released which will provide guidance to MSMEs on credit and will enable MSMEs to better
understand their rights for obtaining credit.
****
SK
(Release ID: 2139800)