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Authors
Affiliations
1 Department of Commerce, Bangalore University, Bangalore, IN
2 Department of Commerce, Maharani's Arts, Commerce and Management College for Women, Bangalore-560001, IN
Source
AMBER – ABBS Management Business and Entrepreneurship Review, Vol 10, No 1 (2019), Pagination: 32-35
Abstract
Micro Small and Medium Enterprises(MSME) form the backbone of the Indian manufacturing sector and has become engine of economic growth in India. This paper closely analyses the growth and development of the Indian small scale sector from opening of the economy in last few years. Another part looks into the present scenario of MSMEs and the problems they faces like lending, marketing, license issues in detail. The Micro, Small and Medium Enterprises Act, 2006 is intended to boost the sector. The provisions of the Act are examined closely. The final part in this paper provides some future policy framework for the sustainability of the sector and analysis the facts on MSMEs.
Keywords
MSMEs Act, Economic Growth, Ownership.
Full Text
References
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