Government Policy Report l September 2023

Sustainability Perception Index by SIDBI to Promote Sustainability among MSMEs

In today’s world sustainability has become a prime business objective globally. In this regard, Indian MSMEs (Micro, Small, and Medium Enterprises) are no exception. To label these challenges, SIDBI (Small Industries Development Bank of India) and D&B (Dun and Bradstreet) signed an MoU for launching a quarterly Sustainability Perception Index (SIDBI–D&B SPeX) Survey that was announced last year (October – December 2022). In its latest report, the SPeX score for April-June 2023 stands at 46 witnessing a decline from 54 in the previous quarter i.e. January-March 2023.