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World MSME Day 2026: VP Radhakrishnan launches PMEGP 2.0 and a suite of MSME digital portals

5 min readSource: PIBArticle 4 of 10

Marking World MSME Day (June 27), Vice-President C.P. Radhakrishnan launched a suite of next-generation digital platforms for micro, small and medium enterprises at the Dr. Ambedkar International Centre, New Delhi. The launches included the PMEGP 2.0 Portal, SAMADHAAN 2.0 Portal, Procurement and Marketing Support (PMS) 2.0 Portal, MSME Global Mart 2.0 Portal, MSME Testing Portal and the MSME Idea Hackathon 6.0. The Vice-President said MSMEs would be central to building a Viksit Bharat by 2047, and the National Small Industries Corporation (NSIC) was felicitated on its upgradation from a Schedule 'B' to a Schedule 'A' Central Public Sector Enterprise (CPSE). The event was attended by MSME Minister Jitan Ram Manjhi and MoS Shobha Karandlaje.

Key Facts & Details

9 points
  • 1
    World MSME Day is observed on June 27; the 2026 celebration was held at the Dr. Ambedkar International Centre, New Delhi.
  • 2
    Vice-President C.P. Radhakrishnan launched the PMEGP 2.0, SAMADHAAN 2.0, PMS 2.0, MSME Global Mart 2.0 and MSME Testing portals, plus MSME Idea Hackathon 6.0.
  • 3
    He stressed MSMEs' central role in achieving a Viksit Bharat by 2047.
  • 4
    NSIC was felicitated on its upgradation from a Schedule 'B' to Schedule 'A' CPSE.
  • 5
    MSME Minister Jitan Ram Manjhi and MoS Shobha Karandlaje attended.
  • 6
    The initiatives aim to boost formalisation, digital access and ease of doing business for small enterprises.

Deep Dive

  • +
    PMEGP (Prime Minister's Employment Generation Programme) is a flagship credit-linked subsidy scheme for setting up micro-enterprises; the 2.0 portal modernises its delivery.
  • +
    MSMEs contribute a major share of India's GDP, manufacturing output and employment, making their digital empowerment economically significant.
  • +
    The portals target market access (Global Mart), grievance redressal (SAMADHAAN), and quality testing for small enterprises.
Q

Exam Focus

On World MSME Day 2026, which flagship employment-generation programme's 2.0 portal did the Vice-President launch?

Related Topics

World MSME DayPMEGPMSMENSICDigital governance

Exam Relevance & Angle

Important Days and government schemes/portals are high-yield in banking and SSC GA. The day (World MSME Day, June 27), the dignitary (VP C.P. Radhakrishnan), the named portals (PMEGP 2.0, etc.) and the NSIC Schedule A upgrade are precise exam hooks.

Target Exams

SBI POSBI ClerkIBPS POIBPS ClerkIBPS RRB OfficerIBPS RRB AssistantRBI Grade BRBI AssistantNABARD Grade ASSC CGLSSC CHSLRRB NTPCLIC AAONIACL AOUPSC CSEState PCS

Background & Context

Micro, Small and Medium Enterprises (MSMEs) are defined under the MSMED Act, 2006 based on investment and turnover, and are a backbone of India's economy and employment. The United Nations designated June 27 as Micro-, Small and Medium-sized Enterprises Day in 2017. The PMEGP (Prime Minister's Employment Generation Programme) is a credit-linked subsidy scheme administered by the Ministry of MSME and implemented through KVIC to generate self-employment. The National Small Industries Corporation (NSIC) is a Mini Ratna PSU supporting MSMEs; Central Public Sector Enterprises are categorised into Schedules A, B, C and D, with Schedule 'A' being the highest tier.

Related GK Concepts

Must Know
MSMEPMEGPWorld MSME DayNSICViksit Bharat 2047CPSE Schedule

Test Yourself

1 / 2

World MSME Day, marked by the launch of PMEGP 2.0 and other portals in 2026, is observed on:

Source

PIB

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World MSME Day 2026: VP Radhakrishnan launches PMEGP 2.0 and a suite of MSME digital portals — Current Affairs 2026-06-27