Latest MSME News

[ April 8, 2025 ] Mudra Yojana has turned several dreams into reality: PM Modi on 10 years of PM Mudra Yojana Msme News
[ April 5, 2025 ] Government Should Be First Customer of Startups, Says Amitabh Kant Msme News
[ April 4, 2025 ] Piyush Goyal at Startup Mahakumbh: A Reality Check for Startups Msme News
[ April 2, 2025 ] ₹30 Crore in Grants! Apply for Startup MahaRathi Challenge Msme News
[ April 1, 2025 ] Startup Mahakumbh 2025 is ready to host 3000+ startups in New Delhi Msme News
[ April 1, 2025 ] MSMEs in North Bengal to Flourish with Government’s ₹15 Crore Plan Msme News
[ March 31, 2025 ] India’s MSME Growth Challenge: Bridging the Gap from Micro to Large Enterprises Msme News
[ March 27, 2025 ] STPI Felicitates Trailblazing Startups at SANGAM 2025 Msme News
[ March 27, 2025 ] Haryana Government Brings MSME Services Under Right to Service Act for Timely Delivery Msme News
[ March 26, 2025 ] Government Strengthens Export Credit Support for MSMEs Under Interest Equalisation Scheme Msme News

Breaking News

Rare earth, rarer nod: Indian firms’ magnet waitlist doubles in 2 weeks, sends industry into supply tailspin | Donald Trump earned $57.7 million in a year from cryptocurrency venture: Report | Who will inherit Sunjay Kapur’s Rs 310000000000 business empire? Karisma Kapoor’s daughter Samaira…. | Barbie, UNO to get tech makeover? Mattel partners with Sam Altman's OpenAI to bring AI-powered products | Karisma Kapoor's Ex-Husband, Sunjay Kapur's LAST WORDS Before He Collapsed And Died, 'I Have..' | Sunjay Kapur's net worth: Things to know about Karisma Kapoor’s billionaire ex-husband | The 11A enigma: Two plane crashes, two survivors and one seat story - similar tales of cheating death | ‘Is your brain fried?’: HR lashes out at sick employee over one-hour leave request | With ₹10300 crore net worth, Sunjay Kapur was richer than Shah Rukh, entire Kapoor family; about his $4 billion empire | Meet Nandita Mahtani: Sunjay Kapur’s first wife, Ranbir Kapoor’s crush, and Virat Kohli’s stylist | Rare earth, rarer nod: Indian firms’ magnet waitlist doubles in 2 weeks, sends industry into supply tailspin | Donald Trump earned $57.7 million in a year from cryptocurrency venture: Report | Who will inherit Sunjay Kapur’s Rs 310000000000 business empire? Karisma Kapoor’s daughter Samaira…. | Barbie, UNO to get tech makeover? Mattel partners with Sam Altman's OpenAI to bring AI-powered products | Karisma Kapoor's Ex-Husband, Sunjay Kapur's LAST WORDS Before He Collapsed And Died, 'I Have..' | Sunjay Kapur's net worth: Things to know about Karisma Kapoor’s billionaire ex-husband | The 11A enigma: Two plane crashes, two survivors and one seat story - similar tales of cheating death | ‘Is your brain fried?’: HR lashes out at sick employee over one-hour leave request | With ₹10300 crore net worth, Sunjay Kapur was richer than Shah Rukh, entire Kapoor family; about his $4 billion empire | Meet Nandita Mahtani: Sunjay Kapur’s first wife, Ranbir Kapoor’s crush, and Virat Kohli’s stylist |

BSE 200 EQUAL WEIGHT INDEX: 12,924.02, -72.90 (-0.56%) ↓BSE SELECT BUSINESS GROUPS INDEX: 4,211.22, -29.72 (-0.70%) ↓NIFTY BHARAT BOND APRIL 2025 INDEX: 1,316.41, 0.75 (0.06%) ↑NIFTY BHARAT BOND APRIL 2030 INDEX: 1,527.04, -2.10 (-0.14%) ↓NIFTY BHARAT BOND APRIL 2031 INDEX: 1,395.97, -0.81 (-0.06%) ↓NIFTY BHARAT BOND APRIL 2032 INDEX: 1,274.73, -1.42 (-0.11%) ↓NIFTY BHARAT BOND APRIL 2033 INDEX: 1,239.23, -2.64 (-0.21%) ↓BSE 1000 INDEX: 10,714.85, -60.12 (-0.56%) ↓S&P BSE 100: 25,940.81, -168.68 (-0.65%) ↓S&P BSE 200: 11,252.01, -68.82 (-0.61%) ↓S&P BSE 500: 35,946.69, -206.81 (-0.57%) ↓S&P BSE Auto: 52,323.67, -172.14 (-0.33%) ↓S&P BSE Bankex: 62,570.44, -639.51 (-1.01%) ↓S&P BSE Consumer Durables: 57,110.34, -283.21 (-0.49%) ↓S&P BSE Capital Goods: 69,767.45, -7.12 (-0.01%) ↓S&P BSE CPSE: 3,887.46, -8.49 (-0.22%) ↓S&P BSE DOLLEX 100: 3,117.31, -36.89 (-1.17%) ↓S&P BSE DOLLEX 200: 2,176.12, -24.91 (-1.13%) ↓S&P BSE DOLLEX 30: 7,736.23, -95.97 (-1.23%) ↓BSE INDIA INFRASTRUCTURE INDEX: 597.54, -6.40 (-1.06%) ↓BSE INDIA MANUFACTURING INDEX: 1,015.38, -3.68 (-0.36%) ↓S&P BSE IPO: 14,777.08, -67.36 (-0.45%) ↓S&P BSE Metal: 30,747.36, -251.25 (-0.81%) ↓S&P BSE Oil & Gas: 27,162.24, -154.43 (-0.57%) ↓S&P BSE Power: 6,725.34, -51.07 (-0.75%) ↓S&P BSE Public Sector: 19,557.08, -129.61 (-0.66%) ↓S&P BSE Realty: 7,820.91, 10.24 (0.13%) ↑BSE 150 MIDCAP INDEX: 15,914.77, -45.29 (-0.28%) ↓BSE 250 LARGEMIDCAP INDEX: 10,667.61, -63.82 (-0.59%) ↓BSE 250 SMALLCAP INDEX: 6,870.18, -25.22 (-0.37%) ↓BSE 400 MIDSMALLCAP INDEX: 12,015.06, -37.67 (-0.31%) ↓BSE ALLCAP INDEX: -, - (-%) ↑BSE CONSUMER DISCRETIONARY INDEX: 9,356.88, -37.68 (-0.40%) ↓BSE FAST MOVING CONSUMER GOODS INDEX: 20,065.88, -190.21 (-0.94%) ↓BSE COMMODITIES INDEX: 7,619.99, -44.22 (-0.58%) ↓BSE DIVERSIFIED FINA REV GRWTH INDEX: 1,603.82, -8.41 (-0.52%) ↓BSE BHARAT 22 INDEX: 8,490.50, -57.83 (-0.68%) ↓BSE DIVIDEND STABILITY INDEX: 985.88, -5.17 (-0.52%) ↓BSE 100 ESG INDEX: 412.22, -3.05 (-0.73%) ↓BSE ENHANCED VALUE INDEX: 934.56, -9.82 (-1.04%) ↓BSE LOW VOLATILITY INDEX: 1,808.25, -7.66 (-0.42%) ↓BSE MOMENTUM INDEX: 2,146.51, -8.24 (-0.38%) ↓BSE ENERGY INDEX: 11,615.49, -73.26 (-0.63%) ↓BSE QUALITY INDEX: 1,840.30, -4.07 (-0.22%) ↓BSE SENSEX 50 INDEX: 25,824.05, -159.67 (-0.61%) ↓BSE SENSEX NEXT 50 INDEX: 83,189.94, -651.69 (-0.78%) ↓BSE 100 LARGECAP TMC INDEX: 9,138.14, -62.02 (-0.67%) ↓BSE FINANCIAL SERVICES INDEX: 12,482.15, -106.54 (-0.85%) ↓BSE HEALTHCARE INDEX: 43,995.31, 34.42 (0.08%) ↑BSE INDUSTRIALS INDEX: 14,847.77, -6.94 (-0.05%) ↓BSE INFORMATION TECHNOLOGY INDEX: 37,839.04, -33.85 (-0.09%) ↓BSE LARGECAP INDEX: 9,531.67, -64.29 (-0.67%) ↓BSE MIDCAP SELECT INDEX: 16,616.59, -41.88 (-0.25%) ↓S&P BSE SME IPO: 103,025.54, -844.99 (-0.81%) ↓BSE MIDCAP INDEX: 45,681.28, -145.76 (-0.32%) ↓S&P BSE SENSEX: 81,118.60, -573.38 (-0.70%) ↓BSE PRIVATE BANKS INDEX: 19,822.16, -189.47 (-0.95%) ↓BSE SMALLCAP SELECT INDEX: 7,942.93, -3.94 (-0.05%) ↓BSE SERVICES INDEX: 1,532.82, -32.29 (-2.06%) ↓BSE SMALLCAP INDEX: 53,370.29, -161.18 (-0.30%) ↓BSE TELECOMMUNICATION INDEX: 2,969.05, -20.01 (-0.67%) ↓BSE UTILITIES INDEX: 5,287.96, -48.70 (-0.91%) ↓S&P BSE TECk: 18,194.51, -14.35 (-0.08%) ↓BSE CAPITAL MARKETS & INSURANC INDEX: 2,256.16, -4.42 (-0.20%) ↓BSE CAPITAL MARKETS & INSURANCE (TR): -, - (-%) ↑NIFTY Total Return IDX USD: 435.04, - (-%) ↑BSE FOCUSED IT INDEX: 45,044.58, -4.77 (-0.01%) ↓BSE FOCUSED IT (TR): -, - (-%) ↑BSE FOCUSED MIDCAP INDEX: 23,337.59, -78.91 (-0.34%) ↓BSE FOCUSED MIDCAP (TR): -, - (-%) ↑BSE INDIA 150 INDEX: 18,413.00, -190.43 (-1.02%) ↓BSE INTERNET ECONOMY INDEX: 2,931.22, -10.11 (-0.34%) ↓NIFTY Growth Sectors 15: 11,319.10, -34.25 (-0.30%) ↓NIFTY500 SHARIAH INDEX: 7,083.15, -27.50 (-0.39%) ↓NIFTY50 SHARIAH INDEX: 4,751.50, -4.45 (-0.09%) ↓NIFTY100 Quality 30: 5,581.90, -16.50 (-0.29%) ↓NIFTY500 MultiCap 50:25:25: 16,026.45, -85.85 (-0.53%) ↓NIFTY Alpha Low Volatility 30: 26,612.30, -116.30 (-0.44%) ↓NIFTY Consumer Durables: 36,726.65, -258.70 (-0.70%) ↓NIFTY 50 USD NET TOTAL RETURN INDEX: 13,429.81, - (-%) ↑NIFTY50 USD TOTAL RETURNS INDEX: 15,061.64, - (-%) ↑NIFTY100 ESG Sector Leaders: 4,129.95, -28.05 (-0.67%) ↓NIFTY GS 10 Yr: 2,589.73, -3.34 (-0.13%) ↓NIFTY GS 10 Yr Cln: 915.40, -1.35 (-0.15%) ↓NIFTY GS 11 15 Yr: 3,209.19, -3.21 (-0.10%) ↓NIFTY GS 15 Yr Plus: 3,473.66, -5.50 (-0.16%) ↓NIFTY GS 4 8 Yr: 3,153.55, -2.16 (-0.07%) ↓NIFTY GS 8 13 Yr: 2,924.77, -2.30 (-0.08%) ↓NIFTY GS Composite: 3,010.74, -2.95 (-0.10%) ↓NIFTY Healthcare: 14,328.65, 5.50 (0.04%) ↑NIFTY MidCap 150 Quality 50: 24,556.95, -112.20 (-0.45%) ↓NIFTY INDIA SELECT 7 GOVERNMEN INDEX: 2,100.66, - (-%) ↑NIFTY INDIA SELECT 7 GOVERNMEN INDEX: 1,555.10, - (-%) ↑NIFTY LargeMidCap 250: 16,110.25, -85.20 (-0.53%) ↓NIFTY Midcap 100: 58,227.45, -213.40 (-0.37%) ↓NIFTY Midcap Liquid 15: 15,305.65, -87.45 (-0.57%) ↓NIFTY200 Momentum 30: 31,023.75, -110.20 (-0.35%) ↓NIFTY 50 NET TOTAL RETURN INDEX: 33,177.73, - (-%) ↑NIFTY Oil & Gas: 11,443.60, -83.70 (-0.73%) ↓NIFTY PVT Bank: 27,527.90, -251.65 (-0.91%) ↓NIFTY Financial Services 25/50: 28,424.65, -220.15 (-0.77%) ↓NIFTY Smallcap 100: 18,374.80, -90.25 (-0.49%) ↓NIFTY TATA GRP 25% CAP TRI INDEX: 20,292.19, - (-%) ↑NIFTY TRI: 37,209.11, - (-%) ↑NIFTY 100: 25,331.35, -180.20 (-0.71%) ↓NIFTY100 ALPHA 30 INDEX: 17,796.70, -133.25 (-0.74%) ↓NIFTY100 Enhanced ESG: 4,906.35, -31.50 (-0.64%) ↓NIFTY100 ESG: 4,868.50, -31.40 (-0.64%) ↓NIFTY100 Equal Weight: 32,253.70, -212.55 (-0.65%) ↓NIFTY100 Low Volatility 30: 19,675.75, -98.45 (-0.50%) ↓NIFTY200 ALPHA 30 INDEX: 24,841.95, -111.70 (-0.45%) ↓NIFTY200 VALUE 30 INDEX: 12,816.55, -121.45 (-0.94%) ↓NIFTY 500: 22,906.20, -140.25 (-0.61%) ↓NIFTY500 EQUAL WEIGHT INDEX: 14,266.60, -76.25 (-0.53%) ↓NIFTY500 LARGEMIDSM EQ-CAP WEI INDEX: 17,724.50, -85.00 (-0.48%) ↓NIFTY500 LOWVOL50 IDX: 21,484.50, -83.35 (-0.39%) ↓NIFTY500 MOMENTUM 50 INDEX: 53,542.55, -168.85 (-0.31%) ↓NIFTY500 MQVLV50 IDX: 31,158.60, -143.55 (-0.46%) ↓NIFTY500 QLTY50 IDX: 19,575.20, -106.75 (-0.54%) ↓NIFTY500 VALUE 50 INDEX: 13,905.55, -112.30 (-0.80%) ↓NIFTY50 Equal Weight: 31,022.20, -168.65 (-0.54%) ↓NIFTY Alpha 50: 51,868.70, -140.00 (-0.27%) ↓NIFTY ALPHA QUALITY LOW-VOL 30 INDEX: 22,253.30, -74.80 (-0.34%) ↓NIFTY ALPHA QTY VAL LOW-VOL 30 INDEX: 20,437.45, -55.55 (-0.27%) ↓NIFTY Auto: 23,327.40, -84.40 (-0.36%) ↓NIFTY CAPITAL MARKETS INDEX: 4,436.30, -30.65 (-0.69%) ↓NIFTY India Consumption: 11,373.85, -77.15 (-0.67%) ↓NIFTY CORE HOUSING INDEX: 15,702.45, -67.40 (-0.43%) ↓NIFTY INDIA SLT 5 CPRT GRP MTR INDEX: 35,724.95, -298.60 (-0.83%) ↓NIFTY Energy: 35,740.55, -177.80 (-0.50%) ↓NIFTY EV & NEW AGE AUTOMOTIVE INDEX: 2,918.20, -19.30 (-0.66%) ↓NIFTY FINANCIAL SERVICES: 26,335.60, -244.30 (-0.92%) ↓NIFTY FINANCIAL SERVIC EX-BANK INDEX: 29,702.45, -169.85 (-0.57%) ↓NIFTY FMCG: 54,527.15, -576.95 (-1.05%) ↓NIFTY High Beta 50: 3,734.30, -30.75 (-0.82%) ↓NIFTY HOUSING INDEX: 11,224.35, -79.60 (-0.70%) ↓NIFTY INDIA DEFENCE INDEX: 8,791.60, 131.00 (1.51%) ↑NIFTY India Digital: 8,987.75, -19.15 (-0.21%) ↓NIFTY India Manufacturing: 14,198.40, -47.80 (-0.34%) ↓NIFTY INDIA TOURISM INDEX: 8,834.25, -80.20 (-0.90%) ↓NIFTY Infrastructure: 8,971.95, -63.90 (-0.71%) ↓NIFTY IPO INDEX: 2,001.30, -10.15 (-0.50%) ↓NIFTY IT: 38,469.25, 8.95 (0.02%) ↑NIFTY Low Volatility 50: 24,762.50, -112.30 (-0.45%) ↓NIFTY MIDCAP150 MOMENTUM 50 INDEX: 62,226.80, -204.95 (-0.33%) ↓NIFTY Metal: 9,258.80, -89.70 (-0.96%) ↓NIFTY MicroCap 250: 23,832.85, -83.70 (-0.35%) ↓NIFTY Midcap Select: 12,991.60, -44.70 (-0.34%) ↓NIFTY MIDSMALL HEALTHCARE INDEX: 42,708.25, 97.70 (0.23%) ↑NIFTY MNC: 28,184.30, -102.50 (-0.36%) ↓NIFTY MOBILITY INDEX: 20,258.50, -204.10 (-1.00%) ↓NIFTY MIDSMALLCAP400 MTM Q 100 INDEX: 50,035.20, -194.25 (-0.39%) ↓NIFTY MIDSMALL FINANCIAL SERVI INDEX: 18,358.45, -118.30 (-0.64%) ↓NIFTY MIDSMALL INDIA CONSUMPTION: 19,271.20, 21.95 (0.11%) ↑NIFTY MIDSMALL IT & TELECOM INDEX: 10,166.10, -43.90 (-0.43%) ↓NIFTY500 MULTICAP INFRASTRUCTU INDEX: 13,972.15, -70.60 (-0.50%) ↓NIFTY500 MULTICAP INDIA MANUFA INDEX: 14,851.95, -50.90 (-0.34%) ↓NIFTY500 MULTICAP MM QY 50 INDEX: 42,731.20, -46.40 (-0.11%) ↓NIFTY INDIA NEW AGE CONSUMPTN INDEX: 11,383.75, -67.90 (-0.59%) ↓NIFTY NON-CYCLICAL CONSUMER INDEX: 15,538.60, -143.05 (-0.91%) ↓NIFTY PSE: 9,886.55, -32.80 (-0.33%) ↓NIFTY PSU Bank: 6,934.85, -82.65 (-1.18%) ↓NIFTY QUALITY LOW-VOLATILTY 30 INDEX: 16,977.00, -81.95 (-0.48%) ↓NIFTY Realty: 1,007.05, 0.60 (0.06%) ↑NIFTY RURAL INDEX: 14,582.10, -89.65 (-0.61%) ↓NIFTY Services Sector: 32,646.80, -243.65 (-0.74%) ↓NIFTY SHARIAH 25 INDEX: 8,216.15, -21.65 (-0.26%) ↓NIFTY SMALLCAP250 MTM QTY 100 INDEX: 47,226.10, -38.40 (-0.08%) ↓NIFTY SMALLCAP250 QUALITY 50 INDEX: 27,526.80, -150.80 (-0.54%) ↓NIFTY TATA GROUP 25% CAP INDEX: 15,258.85, -76.95 (-0.50%) ↓NIFTY TOP 10 EQUAL WEIGHT INDEX: 9,673.55, -67.65 (-0.69%) ↓NIFTY TOP 15 EQUAL WEIGHT INDEX: 10,168.75, -67.55 (-0.66%) ↓NIFTY TOP 20 EQUAL WEIGHT INDEX: 9,062.95, -54.35 (-0.60%) ↓NIFTY Total Market INDEX: 12,898.95, -77.65 (-0.60%) ↓NIFTY TRANSPORTATION & LOGISTI INDEX: 22,480.35, -191.70 (-0.85%) ↓India VIX: 15.08, 1.07 (7.60%) ↑NIFTY Midcap 50: 16,391.90, -46.15 (-0.28%) ↓NIFTY Midcap 150: 21,433.05, -76.60 (-0.36%) ↓NIFTY MidSmallCap 400: 19,931.15, -73.35 (-0.37%) ↓NIFTY Pharma: 21,985.15, -51.00 (-0.23%) ↓NIFTY Smallcap 250: 17,210.40, -66.50 (-0.38%) ↓NIFTY Smallcap 50: 8,842.35, -59.05 (-0.66%) ↓NIFTY100 Liquid 15: 6,881.80, -51.40 (-0.74%) ↓NIFTY Next 50: 66,979.05, -557.45 (-0.83%) ↓NIFTY Bank: 55,527.35, -555.20 (-0.99%) ↓NIFTY50 USD: 10,074.34, - (-%) ↑NIFTY 50: 24,718.60, -169.60 (-0.68%) ↓Nifty 50: 24,718.60, -169.60 (-0.68%) ↓NIFTY50 Value 20: 12,806.10, -79.60 (-0.62%) ↓BSE POWER & ENERGY INDEX: 3,776.69, -27.90 (-0.73%) ↓BSE POWER & ENERGY (TR): -, - (-%) ↑BSE PREMIUM CONSUMPTION: 5,246.09, -36.58 (-0.69%) ↓BSE PREMIUM CONSUMPTION (TR): -, - (-%) ↑BSE PSU BANK IDX: 3,973.64, -67.02 (-1.66%) ↓BSE SELECT IPO INDEX: 4,788.69, -15.19 (-0.32%) ↓BSE SENSEX EQUAL WEIGHT INDEX: 78,344.60, -510.91 (-0.65%) ↓BSE SENSEX SIXTYINDEX: 33,293.11, -220.99 (-0.66%) ↓BSE SENSEX NEXT 30 INDEX: 37,865.99, -189.08 (-0.50%) ↓BSE SENSEX SIXTY 65:35 INDEX: 33,667.00, -213.18 (-0.63%) ↓BSE SENSEX SIXTY 65:35 (TR): -, - (-%) ↑

View Data

Want to Publish Your Article or Share your Upcoming Events? Please mail your articles or events details to: hi@msmesampark.com

M.Tech Projects as Internship with Small and Medium Enterprises (MSMES) Scheme

October 10, 2024 MSME Sampark Uncategorized Comments Off

The main objective of the scheme is to nurture an innovation ecosystem that benefits the technologically deficient MSMEs and technical institutes both. 408 Small and Medium Enterprises have given requirement of 738 Technology students.

Cabinet Approves Integrated Energy, MSME, and Food Processing Policies

October 17, 2024 0

In a bid to fast-track Andhra Pradesh’s development, the state Cabinet, led by Chief Minister N. Chandrababu Naidu, approved several key policies on Wednesday aimed at restoring the state’s brand image and driving economic growth. [...]
Industrial Icon Ratan Tata Passes Away at 86, A Nation Mourns

October 10, 2024 0

India has lost one of its most beloved industrialists and visionaries today, as Ratan Tata, former Chairman of Tata Sons, passed away at the age of 86. His contribution to the country extended far beyond [...]
Power Ministry to Introduce Rs 1,000-Crore Scheme for Energy Efficiency in MSMEs

November 14, 2024 0

The Ministry of Power is set to unveil a Rs 1,000-crore initiative aimed at promoting energy efficiency among micro, small, and medium enterprises (MSMEs), according to a report from The Economic Times. The scheme, called [...]

💬

M.Tech Projects as Internship with Small and Medium Enterprises (MSMES) Scheme

Popular Articles

Faster Access to Capital for MSMEs: A Game-Changer for Growth

Fabindia Partners with Ministry of MSME to Empower India’s Traditional Artisans Under PM Vishwakarma Scheme

FCIK Optimistic About Revitalization of MSME Sector in Jammu & Kashmir

Manba Finance IPO Details: Key Points to Know

MSMEs are the Second-Largest Job Creators After Agriculture: Yogi at the Inaugural Ceremony of UP International Trade Show-2024

SBI to Shift to Cash-Flow Based Lending for MSME Loans Up to ₹5 Crore: Chairman Setty

NTPC Green Energy IPO: Special Benefits for NTPC Shareholders and Employees

Cabinet Approves Integrated Energy, MSME, and Food Processing Policies

Prospects Brightening for MSMEs in ITeS, Shows CRISIL SME Tracker

Financial Inclusion: Need to Bridge Gender Gap in MSME Sector, Says RBI’s Swaminathan

New Research Highlights MSMEs’ Key Role in Strengthening India-UK Trade Relations

FISME and GAME Organize High-Level Roundtable on MSME Financing in New Delhi

msmesampark

Cabinet Approves Integrated Energy, MSME, and Food Processing Policies

Industrial Icon Ratan Tata Passes Away at 86, A Nation Mourns

Power Ministry to Introduce Rs 1,000-Crore Scheme for Energy Efficiency in MSMEs