NK Singh, former Finance Commission chair, underscored the pivotal role of MSMEs in achieving India's 'Viksit Bharat' vision by 2047. Speaking at NDTV's Delhi conclave, Singh emphasized increasing MSMEs' GDP contribution from 30% to 40%. Highlighting a World Bank report, he pointed out a 31% financing gap for women-led enterprises. The Pradhan Mantri Mudra Yojana has sanctioned over 52 crore loans worth Rs 32.61 lakh crore, expanding entrepreneurial opportunities nationwide.