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Performance of MSMEs in Himachal Pradesh: A Comparison of Pre and Post MSMEDA Period


Affiliations
1 Research Scholar, University Business School, Guru Nanak Dev University, Amritsar, Punjab, India
2 Assistant Professor, Khalsa College for Women, Amritsar, Punjab, India
 

Worldwide, Micro, Small and Medium Enterprises (MSMEs) are playing a key fundamental role
in propelling the economic growth and regional development. MSMEs sector is being recognized
as the real engine of growth for the Indian Economy. With a large contribution of about 38%
to the GDP, approximately 40% share of exports and 45% share of manufacturing output. The
present paper is an attempt to study the status of MSMEs in the state of Himachal Pradesh. The
paper analyses the performance of the MSMEs in Himachal Pradesh on the basis of number
of enterprises and employment by MSMEs. This study is based on secondary data collected
from annual reports of MSMEs, RBI statistics of Indian Economy, report on 73rd round of NSS,
etc. A comparison of third and fourth census of MSMEs has also been done for registered and
unregistered MSMEs in India.


Keywords

Himachal Pradesh, MSMEs, MSME Performance.
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  • Performance of MSMEs in Himachal Pradesh: A Comparison of Pre and Post MSMEDA Period

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Authors

Rakesh Mahajan
Research Scholar, University Business School, Guru Nanak Dev University, Amritsar, Punjab, India
Dilpreet Kaur
Assistant Professor, Khalsa College for Women, Amritsar, Punjab, India

Abstract


Worldwide, Micro, Small and Medium Enterprises (MSMEs) are playing a key fundamental role
in propelling the economic growth and regional development. MSMEs sector is being recognized
as the real engine of growth for the Indian Economy. With a large contribution of about 38%
to the GDP, approximately 40% share of exports and 45% share of manufacturing output. The
present paper is an attempt to study the status of MSMEs in the state of Himachal Pradesh. The
paper analyses the performance of the MSMEs in Himachal Pradesh on the basis of number
of enterprises and employment by MSMEs. This study is based on secondary data collected
from annual reports of MSMEs, RBI statistics of Indian Economy, report on 73rd round of NSS,
etc. A comparison of third and fourth census of MSMEs has also been done for registered and
unregistered MSMEs in India.


Keywords


Himachal Pradesh, MSMEs, MSME Performance.

References





DOI: https://doi.org/10.31794/NLDIMSR.6.1.2022.21-30