Important Days

National Small Industry Day – August 30

Published on 28 Sep 2026

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National Small Industry Day – August 30
  • Observed annually to recognise MSMEs’ role in entrepreneurship, jobs and growth.
  • Evolution: 2000 policy package → 2006 MSMED Act → revised classification (April 2025) → MSMED (Amendment) Act 2026.
  • MSMEs contribute 31.1% to GDP, 35.4% to manufacturing, 48.58% to exports; they employ 38.9 crore people.
  • 2026 milestones: TReDS mandatory for CPSEs (₹3.47 lakh crore invoicing); Udyam registrations crossed 8.7 crore.
  • Budget 2026-27: courier export cap removed; credit guarantee raised to ₹10 crore for micro & small units.

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