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The present study deals with Micro, Small and Medium Enterprises (MSMEs)and their role in economic growth and employment generation in the Indian perspective. There is a growing and worldwide appreciation that the Micro, Small and Medium Enterprises play a catalytic role in the development practice of most economies. This position gets reflected in the form of their increasing number and raising the proportion in the overall product manufacturing, service, exports, manpower employment, technical innovations and promotion of entrepreneurial skills.
MSME, Economical Development, Challenges, Entrepreneurship. Khadi, GDP