AN ANALYTICAL OVERVIEW OF MSMED ACT 2006 IN ALLEVIATING THE PROBLEMS OF MICRO, SMALL AND MEDIUM ENTERPRISES

Rajeev Ranjan, Prof.(Dr) S.L. Gupta

Abstract


Abstract: Micro, Small and Medium enterprises have remained critical to Indian Economy since Independence. After agriculture it is second largest employer for workforce apart from constituting the highest number of entities among all enterprises. This sector has also remained high on agenda for Government as well. Micro, Small and Medium enterprise development Act 2006 has been a reflection to this statement. MSMED Act tried to alleviate the impending demand from this sector to enact policy measures specifically directed to boost this sector. However this sector continues to be impacted with some inherent problems unique to this sector. By widening the ambit of MSME sector with inclusion of services sector has propounded the cosmopolites of the constitution of this sector further dampening the scope of isolating the problem of particular sector.

Keywords: MSME, MSMED Act, DC (MSME), Production, Investment, MSME Units


References


Annual report Government of India, Ministry of Micro, Small and Medium Enterprises,(2013-14)

http://msme.gov.in/WriteReadData/DocumentFile/ANNUALREPORT-MSME-2013-14P.pdf

Annual report Government of India, Ministry of Micro, Small and Medium Enterprises, (2012-13) http://msme.gov.in/ANNUALREPORT-MSME-2012-13P.pdf

Cooper Donald R., Schindler Pamela S., Business Research Methods,9th edition,(2009) Tata McGraw -Hill.

Gupta S.L., Gupta H., Business Research Methods, (2012) Tata McGraw-Hill.

Gupta S.P., Statistical Methods 37th edition,(2008) Sultan Chand and Sons.

Misra and Puri (2008), ‘Indian Economy’, Himalayan publishing House, New Delhi

Srivastava T. N., Rego S., Statistics for Management, (2008) Tata McGraw-Hill.

Zikmund William G., Business Research Methods, 7th edition (2003) Cengage Learning.


پاراگلایدر Full Text: PDF

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

ISSN : 2251-1555