Every year, International Micro, Small, and Medium-sized Enterprises Day, also known as International MSME Day, is celebrated on June 27. MSMEs play a crucial role in economic development by creating jobs, driving innovation, and boosting entrepreneurship. The day was established by the United Nations General Assembly in 2017 to recognise the importance of MSMEs and raise awareness about their contributions to the global economy. The International Day focuses on the need for small businesses to digitalise, the up-skilling and re-skilling of MSMEs, innovative financing for MSMEs and more. In this article, let’s know more about the history and significance of the global event.

International MSME Day 2024 Date

International MSME Day 2024 will be celebrated on Thursday, June 27.

International MSME Day History

International MSME Day was established by the United Nations General Assembly (UNGA) in 2017 to recognise the importance of MSMEs. The United Nations General Assembly designated June 27 as International MSME Day to acknowledge the importance of micro, small, and medium-sized enterprises for every economy and their critical role in driving economic growth and sustainable development. When Is Doctors' Day 2024 in India? Know Date, History and Significance of National Doctors Day. 

International MSME Day Significance

This event will bring together representatives from international organizations, the public sector, industry experts, tech pioneers and future-driven thought leaders to explore the best strategies for MSMEs to thrive and discuss the design of supportive business environments. International MSME Day is an opportunity to acknowledge and celebrate the contributions of micro, small, and medium-sized enterprises to sustainable growth. By supporting and empowering MSMEs, we can build a more inclusive, innovative global economy.

(The above story first appeared on LatestLY on Jun 26, 2024 04:30 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).