Importance of MSME in India

By |2021-07-02T12:52:27+00:00September 15th, 2018|Categories: MSME|Tags: , , , |

Introduction The Micro, Small and Medium Enterprises (MSME) sector is a very important piece of India's legacy economic model and a part of the critical supply chain for products and services. This sector is considered as the job creator and plays a crucial role in providing large-scale employment and industrialization of rural and backward areas. As [...]

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Struggle for MSME

By |2020-09-14T11:21:02+00:00October 13th, 2016|Categories: MSME|Tags: , , |

‘Make in India’ is the slogan for uplifting the economy of the nation. MSMEs have proved to be a great source of revenue for the Indian government. In the recent past, MSME has significantly developed and it has created a culture of entrepreneurship. These enterprises provide a variety of products and services to meet domestic and [...]

Government subsidies to MSME

By |2020-09-14T10:56:29+00:00October 13th, 2016|Categories: MSME|

MSME stands for Micro, Small and Medium Enterprises. MSME contributes 8 % of country’s GDP. Nearly 60 Million people are employed through MSMEs. In India, the youth is energized with intellectual capabilities.India needs to promote better business climate to take advantage of youth age factor. The Indian government has already initiated taking steps providing subsidies and incentives [...]