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An Economic Analysis of MSMEs:A Case Study of Ramanagara District


Affiliations
1 Department of Commerce, Bangalore University, Bangalore, India
2 Department of Commerce, Maharani's Arts, Commerce and Management College for Women, Bangalore-560001, India
 

Micro Small and Medium Enterprises(MSME) form the backbone of the Indian manufacturing sector and has become engine of economic growth in India. This paper closely analyses the growth and development of the Indian small scale sector from opening of the economy in last few years. Another part looks into the present scenario of MSMEs and the problems they faces like lending, marketing, license issues in detail. The Micro, Small and Medium Enterprises Act, 2006 is intended to boost the sector. The provisions of the Act are examined closely. The final part in this paper provides some future policy framework for the sustainability of the sector and analysis the facts on MSMEs.

Keywords

MSMEs Act, Economic Growth, Ownership.
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  • Confederation of Indian Industry (2010).Creating Competitive SMEs. Page-5.
  • Grant Thornton (2011)."Vision 2020 Implications for MSMEs" .
  • Ministry of Micro,Small and Medium Enterprise. Annual Report -2015-2016.
  • Sudan F. K.(2005). Challenges in Micro and Small Scale Enterprises Development: Some Policy Issues, Synergy: I. T. S. Journal of IT and Management, Vol. 3, No. 2, July 2005, PP: 67-81, 2005.
  • Saxena H.M.(2002). "Behavioral Pattern of market place participants -A Regional analysis of Rajasthan" -IndianCouncil of Social Science Research, New Delhi.
  • Keynes,J.M.(1936).The General Theory of Employment, Interest and Money, Harcourt Brace & Co, New York.

Abstract Views: 375

PDF Views: 392




  • An Economic Analysis of MSMEs:A Case Study of Ramanagara District

Abstract Views: 375  |  PDF Views: 392

Authors

H. D. Nandish
Department of Commerce, Bangalore University, Bangalore, India
H. Prakash
Department of Commerce, Maharani's Arts, Commerce and Management College for Women, Bangalore-560001, India

Abstract


Micro Small and Medium Enterprises(MSME) form the backbone of the Indian manufacturing sector and has become engine of economic growth in India. This paper closely analyses the growth and development of the Indian small scale sector from opening of the economy in last few years. Another part looks into the present scenario of MSMEs and the problems they faces like lending, marketing, license issues in detail. The Micro, Small and Medium Enterprises Act, 2006 is intended to boost the sector. The provisions of the Act are examined closely. The final part in this paper provides some future policy framework for the sustainability of the sector and analysis the facts on MSMEs.

Keywords


MSMEs Act, Economic Growth, Ownership.

References