Volume : V, Issue : IV, April - 2015

Evolution of Micro and Small Enterprises in India

S. N. Selvaraj, Dr. R. Amuthan

Abstract :

 Micro andSmall Enterprises said to be a powerful segment of the industrial development of a country.

The Ministry of Micro, Small and Medium Enterprises (MSME), Govt. of India recognizes the contribution 
of Micro & Small Enterprises (MSEs) in growth of Indian economy, export promotion and employment generation.These 
sectors are performing well with multidimensional aspects of the socio–economic aspects andprogress of MSE in India 
is an emerging aspect associated with the sustainabledevelopment in the country. These autonomous bodies include 
Tool Rooms, Training Institutions and Project–cum–Process Development Centers. MSME–DO provides a wide spectrum of services to the small industries sector, now enlarged to include all enterprises.The Micro and Small Enterprises 
(SMEs) contribute immensely to Gross Domestic Product (GDP) and it has a sizeable influence in growth of economy. 
This paper focuses the evolution of Micro and SmallEnterprises which is governed by MSMED Act, 2006 in India.

Keywords :

Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

S.N.Selvaraj, Dr.R.Amuthan Evolution of Micro and Small Enterprises in India Indian Journal of Applied Research, Vol.5, Issue : 4 April 2015


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