CHALLENGES AND OBSTACLES FACED BY MICRO, SMALL AND MEDIUM SIZED ENTREPRISES (MSMEs) IN INDIA
Journal Title: International Journal of Business and Management Invention - Year 2018, Vol 7, Issue 4
Abstract
The purpose of this paper is to study various challenges faced by Micro, Small and Medium sized enterprises (MSMEs) in India. As far as Indian economy is concern, the MSME sector plays a very significant role in employment generation and in industrial production. Indian MSMEs contributes around 8% in the GDP and provide employment to approximately 595 lakhs people. Still MSMEs have to follow a long path, which is not free from challenges. Role of MSMEs become very crucial in the light fact that in India public and private firms are not able to provide employment as per the required rate. Thus, the there is strong need to restructure and strengthen MSMEs sector and government should put more effort in this direction.
Authors and Affiliations
Seemant Yadav, Prof. Vikas Tripathi
Keywords
Related Articles
- EP ID EP400511
- DOI -
- Views 169
- Downloads 0
Assessment of Current Methods of Disinvestment in India
Disinvestment in CPSEs (Central Public Sector Enterprises) is an important plank of Government Policy to raise resources for development, rein in budgetary deficit, facilitate listing of PSUs, foster greater public accou...
Rising Npa and Its Effect on Stock Prices
Stock market is one the most reliable indicator for our economy. It shows how efficiently and effectively the economy is running. Seeing the trends in theBanking sector along with the rise in NPA indicates that NPA has s...
Impact of Foreign Shares to Profitability in Turkish Participation Banks
Abstract: Covering the period 2006 to 2015, this paper aims at empirically studying the impact of foreign shares on the profitability of participation banks. Several econometrical models have been implemented to reveal t...
Management of City Parks of the Capital City Warsaw and Its Function as Example of Public Good
In this article, the group of authors based on the theory of public goods, present urban parks from perspective of public good. For the purposes of this article, surveys were carried out among residents of City of Warsaw...
Prediction of Bankruptcy Potential Company of Drinking Water Region
This study aims to predict the potential bankruptcy of the Regional Water Company in Indonesia. The research data is the PDAM’s financial statements in 2015 and the performance evaluation data of PDAM in 2016. The method...