The Department of Micro, Small & Medium Enterprises, Govt. of Madhya Pradesh on February 22, 2025 issued the Madhya Pradesh MSME Development Policy, 2025.
MSMEs are vital to global and India's economic growth, contributing significantly to GDP, exports, and employment. In Madhya Pradesh, they play a key role in industrialization, entrepreneurship, and regional economic stability, supporting over 86 lakh jobs.
The following objectives of the Policy are as stated:-
• To create a robust and supportive ecosystem for MSMEs by facilitating access to finance, technology, infrastructure, and markets.
• To enhance employment generation by encouraging MSME-led growth, with a focus on employment-intensive industries.
• To enhance MSME competitiveness and productivity through skill development, innovation, quality improvement, and technology adoption.
• To adhere to Business Reform Action Plan (BRAP) by simplifying regulations and reducing compliance hurdles.
• To ensure balanced industrial growth across all regions of Madhya Pradesh to create equal economic opportunities.
• To encourage MSMEs to adopt environmentally sustainable and energy-efficient practices to achieve long-term industrial sustainability.
For more details, please refer to the document provided below
[Notification no- F 0057/2025/1/65]
