The government, through the State Department for Micro, Small, and Medium Enterprises (MSME) Development, has launched public participation and stakeholder engagement forum aimed at validating the draft MSME Policy and MSE Act 2025 with a focus on improving access to finance, easing regulatory burdens, expanding market access, and upgrading infrastructure to shape an inclusive and dynamic MSME ecosystem.
Speaking during the validation, Principal Secretary, state department for MSMEs, Susan Mang'eni, stated that the exercise will provide a platform for refining the policy and proposing amendments to the Act.
According to Mang'eni, the policy includes strengthening the institutional and regulatory framework, creating an enabling environment, promoting capacity building and innovation, enhancing market linkages, and fostering equity and inclusivity.
In order to actualize the policy goals, Mang'eni noted that a comprehensive legal framework will be required to address gaps in the current MSE Act 2012 and also strengthen the institutional frameworks. "Our vision is to build a highly productive, diversified and competitive MSME sector that drives economic transformation and social empowerment," remarked Mang'eni.
