ZENITH International Journal of Business Economics & Management Research

  • Year: 2014
  • Volume: 4
  • Issue: 8

Issues concerning the MSME sector in India: An overview

  • Author:
  • Reena Rani1, Kalpana Hooda2
  • Total Page Count: 7
  • DOI:
  • Page Number: 149 to 155

1Phd Research Scholar, Department of Commerce, Maharshi Dayanand University, Rohtak (Haryana)

2Phd Research Scholar, Department of Commerce, Maharshi Dayanand University, Rohtak (Haryana)

Abstract

Micro, small and medium enterprises are influential zone of the industrial growth of a country. MSMEs play an imperative role in the economic and social development of India. MSMEs sector helps in manufacturing output, manufacturing output, employment and export. Due to effective, efficient, flexible and innovative entrepreneurial spirit, MSMEs sector is plays a key role in the development of the economy with their. MSME sector has emerged as a dynamic and vibrant sector of the economy. The purpose of present study is to highlight the features of MSME sector in India and to evaluate the challenges faced by MSMEs in India.

Keywords

Micro, Small and Medium Enterprises, infrastructural support, technology up gradation, export promotion, employment generation