Empowering the Grassroots Economy: A Comprehensive Push for Rural and Semi-Urban MSMEs

• MSMEs are the backbone of India's grassroots economy, contributing >31% to GDP, 48.58% to exports, and supporting livelihoods of ~32.8 crore people.
• The PIB Backgrounder (14 May 2026) frames a converged push — formalisation (Udyam/UAP), credit (PSL, CGTMSE), market access (GeM, TReDS), and dispute redressal (SAMADHAAN) — targeting rural/semi-urban units.
• UPSC-relevant for GS-III (Indian Economy, employment, inclusive growth) and GS-II (welfare schemes, government policies).