Reserve Bank of India (RBI) released a report on ‘Expert Committee on Micro, Small and Medium Enterprises (MSMEs)’ on June 25, 2019. The committee panel which included Nitin Gadkari, Minister of MSME; Arun Jaitley, former Finance Minister; N K Singh, Chairman of the Fifteenth Finance Commission amongst others along with Shaktikanta Das, Governor, Reserve Bank of India, came together for the discussion held with various Industry Associations and MSME entrepreneurs. For an entrepreneur, capacity building is a crucial pre-requisite for development of the MSME’s sector as it prepares entrepreneurs with the relevant knowledge and wherewithal to function. “It has been proposed to establish Enterprise Development Centres (EDCs) within District Industries Centres (DICs) in each district.