Asian Journal of Management and Commerce
  • Printed Journal
  • Refereed Journal
  • Peer Reviewed Journal

P-ISSN: 2708-4515, E-ISSN: 2708-4523

2020, Vol. 1, Issue 2, Part A

Status of micro, small and medium enterprises (MSMEs) in India

Author(s): M Elayaraja and Dr. C Vijai

Abstract: Micro, Small and Medium Enterprises (MSME) sector has emerged in the Indian economy as a highly vibrant and dynamic sector over the last five decades. MSMEs not only play vital role in providing large employment opportunities at comparatively lesser capital cost than large industries but also help in rural & backward areas industrialization, thereby, reducing regional imbalances, assuring more equitable distribution of national income and wealth. MSMEs are complementary to large industries as ancillary units and this sector contributes enormously to the socio-economic development of the country. This paper is attempted to highlight the present status of MSMEs and financial assistance or credit offered by the Public, Private and Foreign banks for the development of MSMEs in India.

Pages: 05-08 | Views: 1463 | Downloads: 662

Download Full Article: Click Here

Asian Journal of Management and Commerce
How to cite this article:
M Elayaraja, Dr. C Vijai. Status of micro, small and medium enterprises (MSMEs) in India. Asian J Manage Commerce 2020;1(2):05-08.
Call for book chapter
close Journals List Click Here Other Journals Other Journals