Micro-, Small and Medium-sized Enterprises Day is observed globally on 27th June every year since 2017. This day is observed by the United Nations to raise public awareness of their contribution to sustainable development and the global economy.
Micro, small and Medium-sized businesses celebrate this day in recognition of their work in local and global economies. These enterprises, which generally employ fewer than 250 persons, are the backbone of most economies worldwide.
Micro-, Small and Medium-sized Enterprises Day: History
United Nations General Assembly (UNGA) in its 74th Plenary meeting held on 6 April 2017 declared 27 June to be observed as Micro, Small and Medium-sized Enterprises Day so as to recognizes the importance of MSME in achieving sustainable development goals (SDG’s) and in promoting innovation, creativity and sustainable work for all.
Important takeaways for all competitive exams:
- International Society for Small and Medium Enterprises Headquarters: New Delhi.