Brics MSME Rountable Emphasis Upon Formulation of a Future Roadmap to Accelerate Growth of MSME Sector

IAS Prelims 2023

Secretary, MSME Shri B.B. Swain has emphasized upon formulation of a future roadmap to accelerate growth of MSME sector post Covid-19 and a guide towards creating business environment for the benefit of MSMEs. Addressing the BRICS Nation’s vision of Post-Covid Roadmap for ‘the growth accelerating sector’, he called for evaluating the extent of damage of the pandemic on MSMEs and covid response policies/programs of govt. for safeguarding MSMEs.


Ministry of MSME has hosted BRICS MSME Roundtable which focused on BRICS Nation’s vision of Post-Covid Roadmap for ‘the growth accelerating sector’. The roundtable conference witnessed participation from the Government, private sector of all BRICS nations and there was also 200+ attendees from industry associations, MSME tool rooms, DIs etc.

Deputy Managing Director- Export-Import Bank of India, and President- India SME Forum  referred to Integration of MSMEs in Global and regional value chains; role of digitalization for MSMEs in post covid-19 scenario and govt. measures for their digital transformation;  leveraging BRICS forum for accelerated development of MSMEs.

This was followed by a series of presentations from the Government and private sector of BRICS Nations, scheduled in separate sessions, made by the concerned senior officials from the Government and private sector.

The BRICS partners appreciated the activities planned by India, being timely and relevant in the current context and expressed their support for working together on the various initiatives proposed by India.



    Source PIB