Deep Dive: National Productivity Council to Host 68th National Productivity Week Focused on MSME Cluster Development

The National Productivity Council (NPC) operates under the Ministry of Commerce and Industry and is tasked with promoting productivity across different sectors in India. The upcoming 68th National Productivity Week in 2026 will focus on cluster-based development for Micro, Small, and Medium Enterprises (MSMEs), which play a significant role in the Indian economy. This initiative aligns with government policies aimed at strengthening the MSME sector, which is vital for job creation and innovation. Cluster-based development refers to the strategy of fostering cooperation among businesses in a specific geographic area to enhance competitiveness and efficiency. By focusing on MSMEs, the NPC aims to address challenges such as access to finance, technology, and markets that these enterprises often face. This approach is expected to lead to improved productivity and sustainability within the sector, ultimately benefiting the broader economy. The institutional context of this initiative is significant, as it builds on previous efforts to enhance productivity and competitiveness in India. The NPC's actions are supported by various government policies and programs aimed at promoting entrepreneurship and innovation. The emphasis on cluster development is also consistent with global best practices in economic development, where collaboration among businesses can lead to shared resources and knowledge, fostering growth and resilience in the face of economic challenges.