New Delhi, Feb 6 (KNN) Country’s micro, small and medium enterprises (MSME) sector will lead the current consolidation phase of the economy, said Union Finance Minister Arun Jaitley.

He said this after launching CriSidEx, the first sentimental index for micro and small enterprises (MSEs).

"Having gone through a series of very major structural reforms in the past two years, now (this) also is a phase for consolidation as far as the economy is concerned. And this phase of consolidation will also be led by the MSME sector," he said.

Jaitley further said the health of the sector is extremely vital to the economy and with a number of steps taken there is an increased integration of the sector into the formal economy. (KNN Bureau)