ROLE OF MICRO, SMALL AND MEDIUM ENTERPRISES (MSMES) IN INDIAN ECONOMY

Hemanta Nath

doi:10.29121/shodhkosh.v5.i1.2024.2784

ROLE OF MICRO, SMALL AND MEDIUM ENTERPRISES (MSMES) IN INDIAN ECONOMY

Authors

Hemanta Nath Assistant Professor, Department of Economics, Lokanayak Omeo Kumar Das College

DOI:

https://doi.org/10.29121/shodhkosh.v5.i1.2024.2784

Keywords:

MSME, Economy, Development, Employment

Abstract [English]

The Micro, Small and Medium Enterprises (MSMEs) sector has been recognized as engine of growth all over the world. To foster economic development, generation of jobs, reduction in poverty and promotion of equality, the role of micro, small and medium enterprises (MSMEs) becomes crucial in every economy of the world. The MSME sector encourages equitable distribution and inclusive growth as an engine of economic progress. MSMEs have the highest employment growth rate, which has a positive impact on export and industrial growth. The primary objective of this article is to analyse MSMEs performance and their contribution to Indian economy.

References

SHARMA JYOTI (2016), MSME- An Emerging Pillar of Indian Economy (2016),International Journal of Research in Humanities & Soc. Sciences,Vol. 4, Issue: 5

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https://msme.gov.in

BiswasDipak(2021), ROLE OF MICRO, SMALL AND MEDIUM ENTERPRISES (MSMEs) IN THE ECONOMIC DEVELOPMENT OF INDIA: A STUDY,International Journal of Education, Modern Management, Applied Science & Social Science .

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KumariNilam(2023),A Study on Growth and Challenges of Msme in India, International Education & Research Journal .

https://www.dcmsme.gov.in

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Published

2024-01-31

How to Cite

Nath, H. (2024). ROLE OF MICRO, SMALL AND MEDIUM ENTERPRISES (MSMES) IN INDIAN ECONOMY. ShodhKosh: Journal of Visual and Performing Arts, 5(1), 1093–1097. https://doi.org/10.29121/shodhkosh.v5.i1.2024.2784

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Issue

Vol. 5 No. 1 (2024): Volume 5 Issue 1 January - 2024

Section

Articles

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