Share of Micro, Small and Medium Enterprises in the country's Gross Value Added (GVA) has increased from ... in 2020-21 to ... in 2022-23.

30.3%, 35.6%

27.3%, 30.1%

35.1%, 38.2%

More than one of the above

APEDIA

BPSC Prelims

2025 • 13 Sep, 2025 • General

Share of Micro, Small and Medium Enterprises in the country's Gross Value Added (GVA) has increased from ... in 2020-21 to ... in 2022-23.

Correct Answer

27.3%, 30.1%

Data Trend: The share of MSMEs in India's GVA took a hit during the pandemic (2020-21) dropping to around 27%. Recovery: Post-pandemic recovery saw this share ......

💡 Analysis & Explanation

Data Trend ▼

The share of MSMEs in India's GVA took a hit during the pandemic (2020-21) dropping to around 27%.

Recovery ▼

Post-pandemic recovery saw this share rise again.

Figures ▼

Official data suggests a movement from approximately 27.3% to around 30.1% as the sector recovered.

Significance ▼

MSMEs are crucial for employment and GDP.

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Share of Micro, Small and Medium Enterprises in the country's Gross Value Added (GVA) has increased from ... in 2020-21 to ... in 2022-23.