INDIA MONITOR EXCLUSIVE : ‘Innovate to cut new tech’s green impact’

MSMEs need discipline, not doles

MSMEs drive India’s economy, contributing 33% to GDP and 40% of exports, yet face a ₹25 trillion credit gap. Subsidies and guarantees offer temporary relief, but sustainable growth demands financial literacy, transparent documentation, and revived credit-rating systems to improve access to formal finance and strengthen competitiveness.