evidence: Micro, small, and medium enterprises (MSMEs) and agriculture, two crucial sectors of the economy employing a large portion of India’s population, require enhanced access to credit and other facilitations. A World Bank report, titled MSME Finance Gap, released in 2018, estimates the global credit gap in the MSME segment at nearly $5trillion. Nearer home, a 2022 Finance Committee report reveals a credit gap of Rs 20-25 lakh crore in India, indicating significant funding shortages in the MSME sector.