000			01866nam a22001697a 4500
999			_c513811 _d513811
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100			_aRajni, Kumari and Bhatt, Rajiv Kumar _918940
245			_aProspects of micro, small and medium enterprises for inclusive economic growth in India
260			_aBihar Journal of Public Administration
300			_a16(2), July-Dec, 2019. p.305-316
520			_aThe MSME sector in India is exceedingly heterogeneous in terms of size of the enterprises and variety of products and services, and levels of technology employed. However, the sector has the potential to grow at a faster pace. To provide impetus to the manufacturing sector, the recent National Manufacturing Policy envisaged raising the share of manufacturing sector in GDP from 16% at present to 25% by the end of 2022. Micro, Small and Medium Enterprise (MSME) sector has emerged as a very important sector of the Indian economy, contributing significantly to employment generation, innovation, exports, and inclusive growth of the economy. The MSMED Act, 2006, was enacted to provide enabling policy environment for promotion and development of the sector by way of defining MSMEs, putting in place a framework for developing and enhancing competitiveness of the MSME enterprises, ensuring flow of credit to the sector and paving the way for preference in Government procurement to products and services of the MSEs, address the issue of delayed payments, etc. However, in the changed circumstances, it is imperative that the thrust of this important legislation should be focused more on market facilitation and promoting ease of doing business for MSMEs. - Reproduced
650			_aMSME _917484
650			_aIndia -- Economic policy -- 1991- _917485
773			_aBihar Journal of Public Administration
906			_aSMALL BUSINESS - INDIA
942			_cAR