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Micro, Small and Medium Enterprises (Msme) in India: an Appraisal

In: Business and Management

Submitted By aghmnth
Words 1827
Pages 8
Vol . IV : Issue. 14

ISSN:0975-9999

MICRO, SMALL AND MEDIUM ENTERPRISES (MSME) IN INDIA: AN APPRAISAL
Dr.S,Ganapathy
Associate professor

C.Mayilsamy
Doctoral research scholar, Department of International Business and commerce, Alagappa University, karaikudi.

ABSTRACT
Micro small and medium enterprises help in promoting economic growth and employment opportunity. Before 2006 this sector was called as a Small Scale Industry. Thereafter it was converted as an MSME sector. The MSME growth is incomparable by the help of bank credit. Micro small and medium enterprises and their role in economic growth and employment generation in the Indian context .the article how policy environment for promoting MSMEs changed from ‘protectionism ‘during the pre-1990s to ‘export orientation’ during the post-1990s. The key constraint faced by the MSMEs including access to credit and technology, redtapism and the like. The MSEs to promote the rural economy for in general and rural women empowerment in particularly the rural women are taken ,economic improvement ,social development, and individual decision making through the . MSEs.the MSEs are promoting the rural entrepreneurship.

Key words: MSME, SME , SSI, Credit Rating Introduction Indian economy based on rural economy .Father of nation mahatma Gandhi told India “lives in village”. T he r eal national development through the rural economy .the development of rural economy through the r ur al bas ed micr o, small a nd medium enterprises, The most of the entrepreneurs are micro rural the micro enterprises mostly participate rural women through the self help Groups and unregistered groups and NGOs In India, plans and policies as well as the for mation have laid str ess on women
SELP Journal of Social Science 21

empower ment. Empower ment pr ovides author ity and social justice for human development. Empower ment of...

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