Tuesday, April 13, 2010
Micro, Small and Medium Enterprises (MSMEs) in India: An Appraisal
This article deals with micro, small and medium enterprises and their role in economic growth and employment generation in the Indian context. The article discusses how policy environment for promoting MSMEs changed from ‘protectionism’ during the pre-1990s to ‘export orientation’ during the post-1990s. The key constraints faced by the MSMEs including access to credit and technology, red tapism etc. are discussed.