Ahead of the Union Budget 202425, the Reserve Bank of India (RBI) has scheduled a meeting with several micro, small, and medium enterprise (MSME) associations on Monday to understand their needs.
"The MSMEs are the backbone of the Indian economy, playing a crucial role in economic growth, employment generation, and technological advancement. It has been decided to conduct a meeting with heads of MSME associations to further understand the requirements of MSMEs," RBI said in an email to MSME associations. Business Standard has reviewed a copy of the email.
An industry official, who preferred not to be identified, said that the meeting will be attended by two deputy governors of the RBI, M Rajeshwar Rao and Swaminathan J.
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