Crisil, Sidbi tie up to launch MSME sentiment index – CriSidEx

Ratings firm CRISIL(Credit Rating Information Services of India Limited) and Small Industries Development Bank of India (SIDBI) have signed a Memorandum of Understanding (MoU) to launch CriSidEx, a sentiment Index for Micro, Small and Medium Enterprises (MSME). This index will provide insights into employment, business environment and foreign trade trends in the MSME sector.  It is to be noted that currently, relevant and actionable data on Micro, Small and Medium Enterprises (MSME) in India comes with a significant lag, which cannot be used effectively to assess the ground situation in MSME ecosystem.