Jocata, a prominent digital lending transformation partner in India, has joined forces with SIDBI, the principal financial institution for MSME development, to introduce the pioneering MSME Economic Activity Index – Sumpoorn. This unique high-frequency indicator is designed to assess the state of India's MSMEs, which contribute significantly to the nation's Gross Value Added (GVA) and exports. Unlike existing macro indices relying on opinions, Sumpoorn leverages GST data to provide a fact-based measure of MSME economic activity. SIDBI aims to address data paucity in the MSME sector, facilitating informed decision-making. Jocata's CEO, Prashant Muddu, envisions Sumpoorn as a tool empowering stakeholders with granular insights, aiding financial institutions, policymakers, economists, and researchers in strategizing credit flow and developing tailored policies for sustainable MSME growth.