India seeks BRICS nations' cooperation to strengthen MSME sector, boost growth

The Indian government has emphasized the importance of cooperation among BRICS nations to strengthen the micro, small and medium enterprises (MSME) sector. According to Union Minister Jitan Ram Manjhi, there are approximately 8.5 crore MSME units functioning in India, providing employment to nearly 40 crore people. This sector plays a vital role in the country's economy, and cooperation among BRICS nations can help support weaker sections and contribute to economic growth. The cooperation among BRICS nations can help strengthen MSMEs, which in turn can boost economic growth in member countries. India's MSME sector is significant, with a large number of units providing employment to a substantial portion of the population. The government's effort to seek cooperation from BRICS nations is aimed at further strengthening this sector and promoting economic growth. The MSME sector is crucial for the country's economic development, and the government's initiative to seek cooperation from other countries is a step in the right direction. By working together, BRICS nations can help support each other's MSME sectors, leading to increased economic growth and development. The cooperation among BRICS nations is expected to have a positive impact on the MSME sector, leading to increased employment opportunities and economic growth.