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      Question

      What was the main focus of the study conducted by

      Assocham and the EGROW Foundation on MSMEs in India?
      A Increasing the export potential of MSMEs Correct Answer Incorrect Answer
      B Challenges faced by MSMEs and possible solutions Correct Answer Incorrect Answer
      C Reducing taxation for MSMEs Correct Answer Incorrect Answer
      D Promoting foreign investments in MSMEs Correct Answer Incorrect Answer
      E Impact of digitalization on MSME operations Correct Answer Incorrect Answer

      Solution

      The study conducted by Assocham and the EGROW Foundation aimed to highlight the key challenges faced by MSMEs in India and propose practical solutions to address them. β€’ It surveyed over 150 companies and gathered feedback from around 120 industry stakeholders. β€’ The findings emphasized areas where intervention is most needed to support the growth, competitiveness, and sustainability of MSMEs. This research provided a data-backed framework for policymakers and industry leaders to improve the MSME ecosystem in India.

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