International Micro, Small and Medium Enterprises (MSME) Day - 27 June 2024

Tags: Important Days

International Micro, Small and Medium Enterprises (MSME) Day or World MSME Day is observed across the world on 27 June every year.

An Overview of the News

  • The day highlights the importance of MSMEs and their role as the backbone of the country's economy.

  • The United Nations (UN) reported that MSMEs account for half of global GDP.

  • This year, the theme for MSME Day 2024 is “Leveraging Power and Resilience of Micro-, Small and Medium-sized Enterprises (MSMEs) to Accelerate Sustainable Development and Eradicate Poverty in Times of Multiple Crises.”

Opportunities and Goals for Key Stakeholders

  • The 2024 MSME Day provides an opportunity for key stakeholders to discuss and exchange ideas on supporting MSMEs.

  • Key stakeholders include large corporations, financial institutions, policymakers, and the international community.

  • The focus is on advancing the 2030 Agenda and contributing to the achievement of sustainable development goals.

  • Goals include poverty eradication and ensuring decent work for all.

History of International Micro, Small and Medium Enterprises (MSME) Day

  • The United Nations (UN) designated June 27 as Micro, Small and Medium-Sized Enterprises Day and this was done through a resolution passed in the United Nations General Assembly in April 2017.

  • In May 2017, a program titled 'Enhancing National Capabilities to Unleash the Full Potential of MSMEs in Achieving the Sustainable Development Goals (SDGs) in Developing Countries' was launched.

  • The objective of the program is to support and enhance the capabilities of MSMEs, especially in developing countries, to maximize their contribution to achieving the SDGs.

  • The program is funded by the 2030 Agenda for Sustainable Development sub-fund of the United Nations Peace and Development Fund.

June 2024 Days and Themes

Days

Themes

23 June - International Widows Day

"Accelerating the Achievement of Gender Equality."

23 June - International Olympic Day 

 'Let's Move and Celebrate'

21 June - International Yoga Day

"Yoga for Self and Society."

21 June - World Hydrographic Day (WHD)

"Hydrographic Information - Enhancing Safety, Efficiency, and Sustainability in Marine Activities".

20 June - World Refugee Day

 "Solidarity with Refugees,"

19 June - World Sickle Cell Disease Day

"Hope Through Progress: Advancing Sickle Cell Care Globally."

18 June - International Day for Countering Hate Speech

"The Power of Youth for Countering and Addressing Hate Speech".

17 June - World Day to Combat Desertification and Drought

“United for Land. Our Legacy. Our Future,”

14 June - World Blood Donor Day

"20 years of celebrating giving: thank you, blood donors!"

12 June -  World Day Against Child Labour 

"Let's act on our commitments: End Child Labour."

9 June - World Accreditation Day

"Accreditation: Empowering Tomorrow and Shaping the Future."

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