Ministry of MSME to hold First BRICS MSME Forum and Third SME Working Group Meeting in Agra on 19th June 2026
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📌 Summary:
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The Ministry of MSME will host the First BRICS MSME Forum and the Third SME Working Group Meeting on 19 June 2026 at Agra, under the theme "Building for Resilience, Innovation, Cooperation and Sustainability"
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It brings together policymakers, industry leaders and entrepreneurs from BRICS member and partner countries (Brazil, China, Egypt, Ethiopia, Indonesia, Iran, Russia, Saudi Arabia, South Africa, UAE, and partners such as Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda, Uzbekistan, Vietnam and India)
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India's MSME sector has over 8.6 crore enterprises, contributing more than 31.1% of GDP, 35.4% of manufacturing output and over 48.58% of exports, with large-scale employment
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The SME Working Group theme is "Building MSME Ecosystem – Sustainable Roots to Global Routes"; industry stakeholders to deliberate on access to finance, technology access and sustainability-oriented growth
🎯 UPSC Relevance: GS3 Economy / GS2 IR — MSME-led growth and exports, BRICS economic cooperation, manufacturing competitiveness and sustainable enterprise.
📝 Prelims Facts:
- India's MSMEs: 8.6+ crore enterprises; ~31.1% of GDP; 35.4% of manufacturing output; ~48.58% of exports
- First BRICS MSME Forum held at Agra, Uttar Pradesh
- Theme: "Building for Resilience, Innovation, Cooperation and Sustainability"
🔑 Key Term: BRICS — an intergovernmental grouping (Brazil, Russia, India, China, South Africa and newer members) promoting economic cooperation among major emerging economies.
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