<h1>RBI Initiatives for MSME Growth: Boosting Credit Access, Tackling Payment Delays, and Enhancing Global Value Chain Integration.</h1> The Micro, Small, and Medium Enterprises (MSME) sector in India plays a crucial role in the economy by fostering entrepreneurship and generating employment, particularly in rural areas. Despite its significance, the sector faces challenges such as infrastructure bottlenecks, lack of formalization, and credit access issues. The Reserve Bank of India has implemented measures to improve credit flow and address delayed payments through initiatives like the Trade Receivables Discounting System (TReDS). The RBI emphasizes the need for policy frameworks to support MSMEs in overcoming these challenges and integrating into global value chains, while also promoting financial stability.