Empowering MSME Through Legal Horizons: From Challenges to Opportunities

Corporategenie (Financial Consultant) (35 Points)

27 March 2024  

Micro, Small, and Medium Enterprises are the entities that are responsible for production, manufacturing and
processing of goods and commodities.

MSMEs are classified according to their investment and turnover. This sector is considered the backbone of the economy and contributes substantially to the economic development of the nation.

Moreover, it generates employment opportunities and aims to uplift the backward and rural areas. MSME Legal Litigation in Delhi In the financial year 2023-2024 around 2 lakhs of MSMEs were registered in Delhi, according to the Udyam Registration Portal. There are Approximately 6.3 Million MSMEs in India.