International Journal of Physical and Social Sciences
  • Year: 2012
  • Volume: 2
  • Issue: 2

Small and Medium Enterprises (SMEs): A promising sector for sustainable development in Bangladesh

  • Author:
  • Nazmul Haque
  • Total Page Count: 20
  • Page Number: 72 to 91

M. Phil Fellow, Department of Economics, Islami University, Kustia, Bangladesh

Online published on 14 November, 2013.

Abstract

Poverty alleviation and sustainable development have become burning issues all over the world now-a-days. A significant development of a nation means proper alleviation of poverty and sustainable development. For this reason poverty alleviation and sustainable development have become global challenges, especially in the developing country like Bangladesh. The micro credit programme is playing a vital role in the poverty alleviation. But it is not sufficient for sustainable development. There is no alternative way as Small and Medium Enterprises sector (SMEs) for sustainable development. For this reason SMEs is an emphasizing sector not only developing country like Bangladesh but also all over the world. In parallel of government of a country, commercial banks and economical institutions have initiated different activities on the basis of SMEs sector to gain sustainable development. In this article we have investigated the role of SMEs sector to sustainable development in Bangladesh. Our main objective in this paper is to study and analyze the activities of Government, commercial banks and economical institutions in the small and medium size enterprises (SMEs) in Bangladesh. This paper focuses the employment status of the small enterprise sector and the progressive status of Medium enterprise sector in Bangladesh and also based on mainly secondary data.

Keywords

SMEs, Sustainable development, Poverty Alleviation, Commercial Banks