Rapid Growth in MSME Employment Indicates Economic Revival

Saturday, 6 July 2024, 02:59
The total employment in Micro, Small, and Medium Enterprises (MSMEs) has surpassed the 20.2 crore mark, showing a significant 66% increase from the previous year. Notably, there are 4.54 crore women workers contributing to this workforce surge, highlighting a positive trend towards gender diversity in employment. The substantial rise in MSME job opportunities signals a promising boost to the economy, reflecting resilience and expansion in the small business sector.
Indiatimes
Rapid Growth in MSME Employment Indicates Economic Revival

MSME Employment Growth Overview

The number of workers employed with registered MSMEs has increased by 66% from the previous year's figures, hitting a record high of 20.2 crore jobs. This surge is indicative of a strong recovery in the small business sector.

Gender Diversity in MSME Workforce

Interestingly, there are 4.54 crore women staffers among the total number of workers employed in these enterprises, showcasing a positive move towards inclusivity.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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