<h1>Economic Survey 2023-24 Urges MSME Deregulation, Calls for Policy Reform, Training, and Enhanced State Collaboration.</h1> The Economic Survey 2023-24 emphasizes the need for deregulation in the MSME sector, highlighting issues like extensive regulation, compliance requirements, and limited access to affordable funding. It suggests that threshold-based incentives should include sunset clauses to prevent enterprises from capping their growth. The survey calls for enhanced dialogue with state governments to implement necessary policy changes and stresses the importance of training MSME entrepreneurs in management and technology. MSMEs significantly contribute to India's GDP and employment. The government has initiated several schemes, such as the Emergency Credit Line Guarantee Scheme and the Raising and Accelerating MSME Performance programme, to support the sector.