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    Micro and Small Enterprises Mse: Progress, Problems and Prospects

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    Ulsasi
    The document discusses micro and small enterprises (MSEs) in India, noting that they play a crucial role in employment generation and exports, contributing around 40% to manufacturing output, 35% to exports, and providing jobs for over 110 million people. It outlines how India first announced a separate policy for the small-scale sector in 1991 to promote it. The paper will examine the performance of the small-scale sector in India as well as the problems and prospects facing small-scale industries.

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    Micro and Small Enterprises Mse: Progress, Problems and Prospects

    Uploaded by

    Ulsasi
    29 views1 page
    The document discusses micro and small enterprises (MSEs) in India, noting that they play a crucial role in employment generation and exports, contributing around 40% to manufacturing output, 35% to exports, and providing jobs for over 110 million people. It outlines how India first announced a separate policy for the small-scale sector in 1991 to promote it. The paper will examine the performance of the small-scale sector in India as well as the problems and prospects facing small-scale industries.

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    MSME

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    Abstract MSME -

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    The document discusses micro and small enterprises (MSEs) in India, noting that they play a crucial role in employment generation and exports, contributing around 40% to manufacturing output, 35% to exports, and providing jobs for over 110 million people. It outlines how India first announced a separate policy for the small-scale sector in 1991 to promote it. The paper will examine the performance of the small-scale sector in India as well as the problems and prospects facing small-scale industries.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    29 views1 page

    Micro and Small Enterprises Mse: Progress, Problems and Prospects

    Uploaded by

    Ulsasi
    The document discusses micro and small enterprises (MSEs) in India, noting that they play a crucial role in employment generation and exports, contributing around 40% to manufacturing output, 35% to exports, and providing jobs for over 110 million people. It outlines how India first announced a separate policy for the small-scale sector in 1991 to promote it. The paper will examine the performance of the small-scale sector in India as well as the problems and prospects facing small-scale industries.

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    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 1

    MICRO AND SMALL ENTERPRISES MSE: PROGRESS, PROBLEMS

    AND PROSPECTS
    M.Saravanan, Assistant Professor, Post Graduate Department of International Business,
    Sree Narayana Guru College, KG Cavadi, Coim!atore " #$% %&'
    (mail.) sravan.murugan*gmail.+om Mo!ile No.) ,-% --$.$ .//$-
    Abstract
    Industrialization plays a crucial role in directing the development process of the country for
    growth and progress. For developing economies, especially India, which is a labor abundant
    country, small scale sector is considered as the major source of employment generation and
    foreign exchange earning. Small scale industries SSI! re"uire small investment, so the
    entrepreneurs can afford to ta#e ris#. $ver the past %& years, the small'scale sector has
    contributed significantly towards building a stable and sound national economy. (his sector has
    contributed around )*+ to the country,s manufacturing output, )- + to its exports and provided
    employment to around )../ million people.
    $n 0ugust 1, .**., for the first time in Indian history, the government announced a separate
    policy for the small'scale sector, with the objective of promoting this sector. Small'Scale Industry
    today constitutes a very important segment of the Indian economy. (he development of this
    sector came about primarily due to the vision of 2ate 3rime 4inister 5awaharlal 6ehru, who
    sought to develop core industry and to have a supporting sector in the form of small sector
    enterprises. Small'scale sector has emerged as a dynamic and vibrant sector of the economy.
    (hus the role played by the SSI sector in the country,s development is too vital to escape notice.
    (his paper presents the performance of SSI sector in India and 3roblems and prospects for SSI
    sector.

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