Performance of Small Scale Sector in India: A Three Dimensional Analysis
By: Pyngavil, Rajesh S
Contributor(s): Singla, Anju | Gupta, M L
Material type:
ArticlePublisher: 2015Description: 368 - 378Subject(s): Exports | Gross Domestic Product | Employment Generation | Small Scale Sector | Msmes | Micro, Small And Medium Enterprises | Entrepreneurship In The Msme Sector | Entrepreneurship | Eleventh Biennial Conference On Entrepre | Biennial Conference PapersOnline resources: Click here to access online
In:
Eleventh Biennial Conference on Entrepreneurship/ Edited by Sasi Misra, Dinesh Awasthi, Ganapathi BatthiniSummary: Micro, Small and Medium Enterprises (MSMEs) all over the world have been recognised as silent drivers of a nation's economy. Their role in the economic and social development of a country is well established. The MSME sector is a breeding ground of entrepreneurship, often driven by individual creativity and innovation at grass root level and shows dynamism in terms of Micro, small and medium enterprises (MSMEs) have been accepted as an engine for economic growth and equitable development. Developing countries such as India, China, Pakistan, Malaysia and many other South Asian countries consider small and medium enterprises as backbone of their economy. The MSMEs constitute over 90 percent of enterprises in most of the economies and are instrumental in generating more job opportunities and high industrial production. In India, after agriculture, the MSME sector provides the maximum opportunities for both self-employment and employment in the country. In fact, the employment potential of this sector is unmatched by any other sector of the economy. These enterprises have been playing a significant role in overall economic development of the country, where labour is abundant in...
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Micro, Small and Medium Enterprises (MSMEs) all over the world have been recognised as silent drivers of a nation's economy. Their role in the economic and social development of a country is well established. The MSME sector is a breeding ground of entrepreneurship, often driven by individual creativity and innovation at grass root level and shows dynamism in terms of Micro, small and medium enterprises (MSMEs) have been accepted as an engine for economic growth and equitable development. Developing countries such as India, China, Pakistan, Malaysia and many other South Asian countries consider small and medium enterprises as backbone of their economy. The MSMEs constitute over 90 percent of enterprises in most of the economies and are instrumental in generating more job opportunities and high industrial production. In India, after agriculture, the MSME sector provides the maximum opportunities for both self-employment and employment in the country. In fact, the employment potential of this sector is unmatched by any other sector of the economy. These enterprises have been playing a significant role in overall economic development of the country, where labour is abundant in...
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