This report also suggests that a huge chunk of companies believe adopting new technologies and broadening digital access is the best way to expand job growth. So, the MSME sector too is bound to benefit from investing this way.
The report also found that the education and agriculture industry is set to witness the largest absolute gains in job creation. This is, indeed, great news for the MSMEs that operate in these industries, especially those that work with agricultural equipment operations, graders and sorters.
Thus, the government must aid the MSME sector in investing in education, reskilling and social support structures that can safeguard their futures in the creation of new jobs.
But this is not to say that some jobs are not witnessing a decline. Nevertheless, refocusing the skills of such sectors to aid the technological expansion of the MSME industry could certainly work miracles.
