Government has given a booster shot to the sector that contributes a near 30% GDP to the economy. The budgetary boost will surely give a fillip to the overall socio-economic growth agenda of the country. With nearly 63 million MSMEs in India employing about 111 million people, the increased allocation will support more job creation, export promotion and hopefully meet the desirable goal of upping their GDP contribution to 40% in the next 5 years.
M.K. Padma Kumar is involved in developing strategies and managing operations for the IPE Global Group.
He has over 25 years of experience in the development sector, working in civil society organisations and international development agencies like DANIDA and DFID. As the Head of State Partnerships at the DFID India, he was responsible for developing partnerships, programme design, management and strategic oversight of all programmes implemented in Bihar, Madhya Pradesh and Odisha. He has managed various development programmes. His expertise lies in driving operational, financial and programmatic transformations. Before DFID, he was associated with Danish International Development Agency (DANIDA), Help Age and World Wildlife Fund.
He holds a Master’s degree in Business Management with specialisation in Human Resource Management and Finance. He is extensively trained in Project Cycle Management, Grant Management, Performance Management, Leadership Skills and Change Management.
