1PH.D. Scholar, P.G., Department of Economics, Berhampur University, Berhampur, 7, Odisha, India
2Lecturer, P.G., Department of Economics, Berhampur University, Berhampur-7, Odisha, India
3Lecturer, P.G., Department of Economics, Berhampur University, Berhampur-7, Odisha, India
4Professor, P.G., Department of Economics, Berhampur University, Berhampur-7, Odisha, India
Online published on 22 January, 2016.
The Small and Medium enterprises play a vital role in the Indian economic structure due to its significant contribution in terms of output, exports and employment. For a developing nation like India, where the labour is abundant and capital is scarce, the small sector is a major source of employment for millions of people. Keeping in view the importance of SMEs, the Indian government has included this sector in its five-year plans. The SMEs are still hampered by the problems of finance, marketing and low quality. Taking into account the enormous potential of the small sector, the entrepreneurs and the policy-makers must act collectively to facilitate growth in this sector. In this context this paper provides and delineate concerning the momentous role MSME in India. The paper will also provide some conceptual framework of structural development of MSMEs in India and also to examine estimation of productivity of small and medium enterprises on the basis their growth and performance before and after 1999–00 in India.
Growth of MSMEs, Overall Performance MSMEs, Estimation of Productivity, Employment, GVA
