Authors :
Dhritiman Sarma; Vasu Mohan Gupta; Vanessa Colaco
Volume/Issue :
Volume 5 - 2020, Issue 3 - March
Google Scholar :
https://goo.gl/DF9R4u
Scribd :
https://bit.ly/3cZldol
Abstract :
Micro, Small and Medium Enterprise is
growing fastest among all other manufacturing sector
and contributes greatly to the national economic growth
in terms of GDP that is still in its infancy, post
globalisation. Although many studies have been
conducted to study its growth and potential with respect
to India’s economic model, research studying its effects
and contributions to the national economy through
rural transcendence has been scarce. This study makes
an attempt to study the current growth scenario of the
MSME’s in India as well as to evaluate the effects it has
on rural areas of India that further propels the rate at
which it is growing through skill acquisition,
entrepreneurial development and an increasing diverse
workforce.
Micro, Small and Medium Enterprise is
growing fastest among all other manufacturing sector
and contributes greatly to the national economic growth
in terms of GDP that is still in its infancy, post
globalisation. Although many studies have been
conducted to study its growth and potential with respect
to India’s economic model, research studying its effects
and contributions to the national economy through
rural transcendence has been scarce. This study makes
an attempt to study the current growth scenario of the
MSME’s in India as well as to evaluate the effects it has
on rural areas of India that further propels the rate at
which it is growing through skill acquisition,
entrepreneurial development and an increasing diverse
workforce.