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Volume : IV, Issue : V, June - 2014

ROLE OF MSMEs(MICRO, SMALL AND MEDIUM ENTERPRISES) IN SOCIAL AND ECONOMIC WELL BEING OF INDIA

Dr. Vineet Jain , None

By : Laxmi Book Publication

Abstract :

Over the past fifty years, the Micro, Small, and Medium Enterprises (MSME) sector has grown to be a very active and dynamic area of the Indian economy. MSMEs not only play a significant role in creating many job opportunities at capital costs that are comparably lower than those of large industries, but they also aid in the industrialization of rural and underdeveloped areas, thereby reducing regional imbalances and ensuring a more equitable distribution of income and wealth across the country.

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Cite This Article :

Dr. Vineet Jain , None(2014). ROLE OF MSMEs(MICRO, SMALL AND MEDIUM ENTERPRISES) IN SOCIAL AND ECONOMIC WELL BEING OF INDIA. Indian Streams Research Journal, Vol. IV, Issue. V, http://isrj.org/UploadedData/10696.pdf

References :

  1. M. Little (1987). Small manufacturing businesses in underdeveloped nations. Economic Review of the World Bank, 1: 203-235.
  2. Pervez G. et al. (2005), Third Edition of Research Methods in Business Studies.
  3. Small Business Management & Entrepreneurship, Fifth Edition, David S. et al. (2006), p. 6.

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