International Peer Reviewed & Refereed Journals, Open Access Journal
ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016
open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15

Issue: June 2024

Volume 9 | Issue 6

Impact factor: 8.15

Click Here For more Info

Imp Links for Author
Imp Links for Reviewer
Research Area
Subscribe IJSDR
Visitor Counter

Copyright Infringement Claims
Indexing Partner
Published Paper Details
Unique Id: IJSDR2405015
Published In: Volume 9 Issue 5, May-2024
Abstract: This Research paper aims to investigates about the MSME importance and how to overcome from the difficulties of MSME in India. MSME(Micro,small and Medium Enterprises) are the backbone of the Indian economy in almost 8% of the country. GDP accounts for about 45 percent of total industrial production and about 40 percent of the country’s exports. According to the Micro, Small and Medium Enterprises Development Act, 2006,the Government of India launched MSME or Micro, Small and Medium enterprises. These companies specialize in the production, processing or storage of products and goods. Micro, Small and Medium Enterprises are a very important part of the critical supply chain of products and services. This sector is seen as a job creator and plays a key role in providing large – scale Employment and industrialization of rural and backward areas.The MSME sector has regularly had a greater growth rate than the entire industrial sector in the current environment and has displayed commendable innovativeness. Additionally, the ability to adjust in the current economic crisis and recession. This industry is acknowledged as a global growth driver. Every economy recognises the value of micro, small, and medium – sized enterprises (MSME) and the employment they provide for kitchen craze at comparable legal costs in industrialising the underdeveloped area. This research paper gives an outline to study about the MSME classification, features and loan schemes initiated by the Government and significance in this examination in order to aid your country in reducing regional imbalances.
Keywords: MSME, Importance, Financial Assistance, Employment Opportunities, Growth, Make in India and Government Initiatives.
Cite Article: "A STUDY ON IMPORTANCE OF MSME IN INDIA", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.9, Issue 5, page no.109 - 113, May-2024, Available :http://www.ijsdr.org/papers/IJSDR2405015.pdf
Downloads: 000342234
Publication Details: Published Paper ID: IJSDR2405015
Registration ID:211179
Published In: Volume 9 Issue 5, May-2024
DOI (Digital Object Identifier):
Page No: 109 - 113
Publisher: IJSDR | www.ijsdr.org
ISSN Number: 2455-2631

Click Here to Download This Article

Article Preview

Click here for Article Preview

Major Indexing from www.ijsdr.org
Google Scholar ResearcherID Thomson Reuters Mendeley : reference manager Academia.edu
arXiv.org : cornell university library Research Gate CiteSeerX DOAJ : Directory of Open Access Journals
DRJI Index Copernicus International Scribd DocStoc

Track Paper
Important Links
Conference Proposal
DOI (A digital object identifier)

Providing A digital object identifier by DOI
How to GET DOI and Hard Copy Related
Open Access License Policy
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Creative Commons License
This material is Open Knowledge
This material is Open Data
This material is Open Content
Social Media

Indexing Partner