Volume : V, Issue : VII, July - 2016

PERFORMANCE ANALYSIS OF MSMEs IN INDIAN SCENARIO

M. Bhuvaneswari, Dr. G. Jayanthi

Abstract :

 In modern era with the development of Indian economy and rapid expansion of trade, the small scale industrial sector has emerged as a viant and dynamic segment in the process of industrialization, which is considered not only as a key factor to lift up the per capita income but also a vital mechanism for a larger transformation of Indian economy. In India, small-scale industrial sector is defined as an industrial undertaking, in which the investment in fixed assets in plant and machinery does not exceed Rs. 1 crore. The Government of India has enhanced this investment limit of Rs. 1 crore to Rs. 5 cores as small-scale industry, in respect of certain specified items. The small-scale industries have played a very important role in the socio-economic development of India during the past 50 years. It has significantly contributed to the overall growth in terms of the Gross Domestic Product (GDP), employment generation and exports. The performance of the small-scale industries, therefore, has a direct impact on the growth of the overall economy. This paper closely analyses the growth of the Indian MSME sector since 2000 It also looks in to the present scenario of investment, production and employment.

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Article: Download PDF    DOI : https://www.doi.org/10.36106/gjra  

Cite This Article:

M.Bhuvaneswari, Dr.G.Jayanthi Performance Analysis of Msmes in Indian Scenario Global Journal For Research Analysis, Volume : 5 | Issue : 7|July 2016

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