Micro, Small and Medium-sized Enterprises Day is dedicated to raising awareness of the importance of supporting the development of small and medium-sized businesses in developing countries but it is also a celebration of the gigantic contribution smaller companies make to the global economy.
We must promote and support Micro, small and medium enterprises (MSMEs) because it has a very important role in developing economy. They help reduce poverty by creating jobs for the country's growing labor force. They stimulate economic development in rural and far-flung areas.