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IRM Signs A Pact With NI-MSME To Support SMBs

The sector is the largest job provider in the country, second only to agriculture, and has struggled with employment and economic losses since the lockdown began

IRM India, the India-affiliate of Institute of Risk Management, on Tuesday said it has signed a pact with the National Institute of Micro, Small and Medium Enterprises (NI-MSME) to support the sector through a series of policy and education initiatives to deal with the disruptions caused by the coronavirus pandemic.

The sector is the largest job provider in the country, second only to agriculture, and has struggled with employment and economic losses since the lockdown began, IRM India said in a statement.

He added that the current pandemic has impacted the ability of Indian MSMEs to compete in the global market. It has made it imperative to create an environment that will nurture them and provide a robust policy road map to help them regain their global advantage, he added.



Tags assigned to this article:
msme sector IRM India agriculture employment economy

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