The digital payments ecosystem continues to grow in the country with businesses and individuals adopting digital instruments such as unified payments interface (UPI) to transact, the MSME Ministry at its end is also ensuring to walk the talk on government’s digital payments initiative. In fact, a majority of transactions done by the MSME Ministry and its attached offices last year have been almost entirely digital.
According to the MSME Ministry, all its offices including Khadi and Village Industries Commission (KVIC), National Small Industries Corporation (NSIC), Office of the Development Commissioner (DC MSME), Coir Board, National Institute for Micro, Small and Medium Enterprises (NI-MSME), and Mahatma Gandhi Institute for Rural Industrialisation (MGIRI) have been digitally enabled.