Global SME Watch

06/09/2025

🚀 A Historic Step Towards “Next-Generation GST Reforms”! 🇮🇳

The International Society for Small and Medium Enterprises (ISSME) extends its heartfelt gratitude to Hon’ble Prime Minister Shri Narendra Modi and Hon’ble Finance Minister Smt. Nirmala Sitharaman for the landmark GST reforms announced during the 56th GST Council Meeting (3rd Sept 2025).

We are proud that several of ISSME’s key recommendations from our Comprehensive GST Reform Proposal have been accepted and incorporated, including:

✅ Simplified GST slabs → Two-tier structure: 5% & 18% + 40% de-merit rate
✅ Lower GST on essentials & FMCG → Relief for millions of households
✅ Healthcare boost → 33 lifesaving drugs zero-rated, others down to 5%
✅ Agriculture support → GST on farm machinery cut to 5%
✅ Mobility affordability → Two-wheelers ≤350cc now at 18%

Why This Matters for MSMEs and India’s Growth

💡 Over 110 million MSMEs, contributing 33% to India’s GDP, will benefit from:

🔹 Simplified compliance & reduced operational costs
🔹 Lower input taxes → improved competitiveness
🔹 Boosted domestic demand → faster growth & innovation
🔹 Affordable mobility & equipment → strengthening logistics and exports

These reforms unlock liquidity, enhance productivity, and empower MSMEs — the backbone of India’s $5 trillion economy vision.

A Step Towards Becoming the World’s 3rd Largest Economy 🌏

At a time of global uncertainties, including U.S. tariffs and geopolitical disruptions, these reforms:

🌐 Strengthen India’s resilience
📈 Boost export competitiveness
🤝 Increase investor confidence

Under the visionary leadership of PM Modi, India is confidently advancing toward becoming the world’s 3rd largest economy and achieving Viksit Bharat @ 2047.

🔗 Join ISSME in celebrating this milestone for MSMEs and India’s growth story!

Together, we drive innovation, competitiveness, and prosperity. 🌟

“What do you think about these Next-Gen GST reforms? Share your views and join the discussion!”

24/12/2024

🎄✨ "This Christmas, I want to take a moment to celebrate the resilience and innovation of the MSME sector. Your hard work and dedication have been inspiring throughout the year. May this holiday season bring you and your families peace, joy, and a well-deserved break. Here’s to nurturing our collaborations and exploring new avenues of growth in the coming year. Wishing you a Merry Christmas and a prosperous 2025 filled with new opportunities!" - Sunil D Sharma, Secretary General (ISSME) 🎁🌟

Kleem International Sunil D Sharma Sunil D Sharma International Small and Medium Enterprises Business Centre International Small and Medium Enterprise Business Centre International Centre for Entrepreneurship, Research and Development Global SME Watch SME Voice International Journal for Small and Medium Enterprises

30/10/2024

Wishing you and your loved ones a very Happy Diwali! May the festival of lights bring joy, prosperity, and a sparkling future to you and your family. Let’s celebrate this Diwali with the spirit of togetherness and unity, lighting up our hearts and homes with hope, love, and happiness.

Best wishes, The ISSME Team

30/12/2023

Dear ISSME fraternity,

We want to express our gratitude for your continued support and partnership, which has been invaluable to our organization. As we approach the end of the year, we wish all our members, affiliates, and friends a joyful holiday season full of progress and prosperity.

We are excited to continue working with you in the coming year to further the vision and mission. Our shared vision for the future of small and medium enterprises is something we are proud of and will continue to strive towards.

We would also like to take this opportunity to wish everyone a happy and healthy New Year in 2024. Thank you once again for being a part of the ISSME community.

Best regards,

The International Society for Small and Medium Enterprises (ISSME)

19/12/2023

CES showcases companies, including manufacturers, developers, and suppliers of consumer technology hardware, content, technology delivery systems, and more.

It also includes a conference program where the world's business leaders and pioneering thinkers address the industry's most relevant issues.

All together. All ON.

Registration is now open for CES® 2024 — taking place Jan. 9–12 in Las Vegas.

REGISTER NOW:
https://registration.experientevent.com/showCES241/wizard/landing?_gl=1*10w35mg*_ga*MTg0NzgyNzI4NC4xNzAyOTY4MzEw*_ga_V8XKN0510H*MTcwMjk2ODMwOS4xLjEuMTcwMjk3MDI1My40Ny4wLjA.

05/12/2023

APEC Advances Indigenous Peoples’ Economic Priorities Through Trade

This news release can also be viewed on the APEC website:

In an effort to meet people where they are and respond to the call for including more diverse voices in policy discussions, the United States, chair of APEC 2023, hosted the first APEC Ministers’ Meeting Dialogue with Indigenous Peoples in San Francisco on 14 November.

05/12/2023

WTO Secretariat launches Trade Policy Toolkit at COP28 to support action on climate goals

On December 2, the WTO Secretariat launched a 10-point set of “Trade Policy Tools for Climate Action” at the 28th United Nations Climate Change Conference (COP28) in Dubai to present governments with a toolkit to draw from in their efforts to meet global climate targets. The new publication explores how integrating trade policy options, such as reviewing import tariffs on low-carbon solutions, into national strategies can help economies mitigate the effects of climate change and adapt to its consequences.

The full publication is available here:

Trade Policy Tools for Climate Action, a publication by the WTO Secretariat, looks into the trade policies that governments could consider as part of their strategies for climate change mitigation and adaptation. The publication covers ten policy areas where governments have introduced measures to s...

04/12/2023

Invitation for the GLOBAL FAMILY BUSINESS SUMMIT going to be held on May 15–17, 2024, at Lloyd’s Baia Hotel, Vietri sul Mare (SA), ITALY

THE PATHWAY TO GOOD
Sustaining the Legacy of Family Businesses for Well-Being

For more information, follow the below link:
https://globaluserfiles.com/media/40495_f7e0237e18430cce4eb629181c2ef9a058b7f60d.pdf/o/call_for%20papers%20spgc%20-%20summit%2015-17%20may,%202024%20amalfi%20coast,%20italy.pdf

04/12/2023

All our Members and Affiliates in Nepal and India are Invited to NBI 4th Responsible Business Summit 2023

03/12/2023

Registration for CES® 2024, taking place in Las Vegas on January 9–12, is open. If it is happening in the world of tech, it is happening at CES, and when the entire industry comes together in one place, opportunity is inevitable. With product launches from global brands and promising entrepreneurs and hundreds of hours of conference programming, you’ll see the latest in innovation from every sector of the industry.

The future will be there. Will you? Register today.

24/11/2023

Invitation for All our Members and Affiliates to CES

Go ALL ON for the most powerful tech event in the world.

With an anticipated 3500+ exhibitors, 1000+ startups and 130,000+ industry professionals coming together this January, no other event compares to the magnitude of CES 2024.

The future will be there. Will you? Register today.

https://registration.experientevent.com/.../wizard/landing

22/11/2023

The most influential tech event is almost here! Will you be there to see what we have in store for ?

Register to join us in Las Vegas:

https://registration.experientevent.com/.../wizard/landing