Micro, Small and Medium Enterprises (MSME): Issues & Challenges
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The Micro, Small and Medium Enterprises (MSME) have been considered as the backbone of the national economy. The Indian MSMEs are characterized typically by its informal nature with huge employment absorbing capacity, exportable to the rest of the world, substantial contribution to domestic GDP, operational flexibility with low investment requirement etc. There are many women-led enterprises in rural, urban and semi-urban areas with the scope for acting as a catalyst for economic growth across the geographic, social and cultural strata of the country.
The Micro, Small and Medium Enterprises (MSME) have been considered as the backbone of the national economy. The Indian MSMEs are characterized typically by its informal nature with huge employment absorbing capacity, exportable to the rest of the world, substantial contribution to domestic GDP, operational flexibility with low investment requirement etc. There are many women-led enterprises in rural, urban and semi-urban areas with the scope for acting as a catalyst for economic growth across the geographic, social and cultural strata of the country.
The Micro, Small and Medium Enterprises (MSME) have been considered as the backbone of the national economy. The Indian MSMEs are characterized typically by its informal nature with huge employment absorbing capacity, exportable to the rest of the world, substantial contribution to domestic GDP, operational flexibility with low investment requirement etc. There are many women-led enterprises in rural, urban and semi-urban areas with the scope for acting as a catalyst for economic growth across the geographic, social and cultural strata of the country.
The Micro, Small and Medium Enterprises (MSME) have been considered as the backbone of the national economy. The Indian MSMEs are characterized typically by its informal nature with huge employment absorbing capacity, exportable to the rest of the world, substantial contribution to domestic GDP, operational flexibility with low investment requirement etc. There are many women-led enterprises in rural, urban and semi-urban areas with the scope for acting as a catalyst for economic growth across the geographic, social and cultural strata of the country.