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| Format: | Recurso digital |
| Language: | English |
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2025
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| Online Access: | https://doi.org/10.5281/zenodo.16993486 |
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| author | Kumar, Mukesh |
| author_facet | Kumar, Mukesh |
| contents | <p>The MSMEs are backbone of the Indian manufacturing sector and have been engines of economic growth in India. It is estimated that the MSMEs account for almost 90 per cent of the industrial units in India and 40 per cent of value addition in the manufacturing sector. It is increasingly recognised that the MSMEs play a crucial role in employment creation and income generation in the Asian Region. The MSMEs can be easily established since their requirements in terms of capital; technology, management and even utilities are not as demanding as it is in the case of large enterprises. Their development is closely associated with more equitable distribution of income and thus important as regards poverty alleviation. At the same time, the MSMEs serve as a training ground for emerging entrepreneurs in some of the Asian region. The full potential of the MSMEs has yet to be tapped as there are a number of constraints hampering its development.</p> |
| format | Recurso digital |
| id | zenodo_https___doi_org_10_5281_zenodo_16993486 |
| institution | Zenodo |
| language | eng |
| publishDate | 2025 |
| publisher | Zenodo |
| record_format | zenodo |
| spellingShingle | The Role of MSMEs in Income and Employment Generation Kumar, Mukesh <p>The MSMEs are backbone of the Indian manufacturing sector and have been engines of economic growth in India. It is estimated that the MSMEs account for almost 90 per cent of the industrial units in India and 40 per cent of value addition in the manufacturing sector. It is increasingly recognised that the MSMEs play a crucial role in employment creation and income generation in the Asian Region. The MSMEs can be easily established since their requirements in terms of capital; technology, management and even utilities are not as demanding as it is in the case of large enterprises. Their development is closely associated with more equitable distribution of income and thus important as regards poverty alleviation. At the same time, the MSMEs serve as a training ground for emerging entrepreneurs in some of the Asian region. The full potential of the MSMEs has yet to be tapped as there are a number of constraints hampering its development.</p> |
| title | The Role of MSMEs in Income and Employment Generation |
| url | https://doi.org/10.5281/zenodo.16993486 |