National Small Industry Day 2026 – August 30

Exam-focused facts from the 1 September 2026 current affairs briefing.

Key facts

National Small Industry Day is observed annually on August 30 in India.
The day traces its formal recognition to August 30, 2000, when a comprehensive policy package for small scale industries was launched.
From April 1, 2025, a small enterprise can have investment up to ₹25 crore and annual turnover up to ₹100 crore.
MSMEs employ more than 38.9 crore people and contribute 31.1% of India's GDP.
MSMEs account for 35.4% of manufacturing output and 48.58% of India's exports.
The Micro, Small and Medium Enterprises Development (MSMED) Act 2006 provides a statutory framework for MSMEs.
The MSMED (Amendment) Act 2026 received presidential assent in August 2026.