Information reveals that in-spite of epidemic outbreak adversely affected trade and industry in Haryana state for nearly about two years still 2,81, 024 new Micro, Small, Medium Enterprises (MSME) manufacturing units were registered in Haryana state in past five years during year between 2018 to 2023 which provided employment to nearly 15,26,962 persons in the state in this period the state ranking at the top in all northern states in the country.  Whereas, new MSME units in neighboring states Punjab had provided employment to 10,52,059 persons, Himachal Pradesh provided employment to 2,56,424 persons  and Chandigarh provided employment opportunities to 51,999 persons in past five years. According to information collected from Ministry of MSME in past five years nearly 500 MSME units were also closed down for one reason or the other in this period and got cancelled their registration in Haryana state.  

According to recently declared central budget, government of India has announced several benefits including financial assistance to MSME sector in all states across the country providing employment opportunities to maximum number of youths in the country. A study by the industry department in Haryana state according to ‘Udham Portal’ reveals that during year 2018-19   employment was provided to 2,23,787 persons in 39,088 newly set up MSME units in the state. Similarly, during year 2019-20 employment was provided to 2,22,209 persons in 39,088 newly set up MSME units in Haryana. During year 2020-21 new 65,006 MSME units were set up in the state provided employment to 4,08.645 persons. During year 2021-22 employment was offered to 4,03,386 persons in 76,603 newly set up MSME units in the state in-spite of epidemic outbreak and frequent lock downs announced by the government all over in the country was facing severe slump.