Ease of Doing Business for MSMEs

0comments 2.725 mins read
Ease of Doing Business for MSMEs

Ease of Doing Business for MSMEs

The record for covering MSME Programmes in the maximum number of cities during ICAI MSME Yatra & Setu was set by the Committee on MSME & Startup of The Institute of Chartered Accountants of India.


The Committee on MSME & Start-ups of the Institute of Chartered Accountants of India (ICAI) entered into the India Book of Records (IBR) for covering MSME (Micro, Small and Medium Enterprises) programmes in the maximum number of cities during ICAI MSME Yatra & Setu. This feat was achieved, when ICAI conducted a nationwide ‘ICAI MSME Setu’ and ‘ICAI MSME Yatra’ campaign under the backdrop of ‘Azadi Ka Amrit Mahotsav’ covering 75 cities across 22 states of the nation in 75 days for promoting entrepreneurship as well as to boost job creation and develop the economy. The campaign was held from August 18, 2022 till November 18, 2022.

On this remarkable achievement, CA (Dr) Debashis Mitra, President, ICAI said “ICAI is immensely proud and happy to receive this honour to be inducted in the prestigious India Book of Records for our MSME Yatra & Setu initiative. I wholeheartedly thank and congratulate ICAI Regional Councils, branches and others who actively participated in this campaign to support the MSME ecosystem in the country. ICAI is always committed to working towards empowering MSME and start-up sector in the country to boost the economy and drive positive change in the society.”

With the Government launching various schemes to strengthen Indian MSMEs and bolster them on the global map, ICAI too, as a true partner-in-nation-building joined hands with the Government and has taken several initiatives to enhance the capacity-building measures of MSMEs and Start-ups in the country. A few such initiatives are the launch of the ICAI MSME Exchange, ICAI MSME Portal, Certificate & Refresher Course on MSME, Knowledge Enhancement State Specific Books and Booklets on MSMEs, ICAI MSME Setu Programme i.e. Transformation of MSMEs, MoUs with the various government agencies for the enhancement of the portfolio of MSMEs and other endeavours for the capacity building of MSMEs.

The Yatra vehicle travelled for more than 14,000 km covering 75 cities of the Western, Northern, Central, Eastern, and Southern parts of the country to showcase the MSME ecosystem. The major cities covered during ICAI MSME Yatra included: Pune, Aurangabad, Jalgaon, Nashik, Vapi, Surat, Navsari, Bharuch, Vadodara, Ahmedabad, Indore, Ujjain, Ratlam, Udaipur, Jodhpur, Bhilwara, Ajmer, Beawar, Kishangarh, Jaipur, Alwar, Faridabad, Gurugram, Rohtak, Sonepat, Panipat, Karnal, Patiala, Sangrur, Ludhiana, Jalandhar, Jammu, Chandigarh, Shimla, Ambala, Yamunanagar, Dehradun, Haridwar, Muzaffarnagar, Ghaziabad, Noida, Agra, Kanpur, Lucknow, Prayagraj, Varanasi, Patna, Siliguri, Guwahati, Kolkata, Dhanbad, Ranchi, Jamshedpur, Rourkela, Sambalpur, Raipur, Bhilai, Visakhapatnam, Vijayawada, Hyderabad, Bellary, Bengaluru, Vellore, Chennai, Salem, Erode, Tiruppur, Coimbatore, Thrissur, Kozhikode, Kannur, Mangaluru, Udupi, Goa, Kolhapur, Sangli, Satara, Thane, Navi Mumbai, Kalyan, Dombivli and Mumbai.

The programme was supported by the MSME Ministry, Small Industries Development Bank of India (SIDBI), National Small Industries Corporation Limited (NSIC) and the State Bank of India (SBI). The ICAI’s initiative provided a platform for improving MSMEs’ access to knowledge, credit, and marketing competitiveness. Additionally, the MSME Setu programme, connected various stakeholders and MSMEs through MSME Camp and help desk for the new as well as existing MSMEs. The programme also had experts from SIDBI, NSIC, CAs, DIC, etc. to assist and provide solutions to MSMEs.