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Informative Article | Economics | India | Volume 12 Issue 8, August 2023
The Study of Growth Challenges Impacting Micro, Small, and Medium Enterprises Special References in Bihar
Abstract: Small and medium-sized enterprises constitute an enormous portion of the overall entities in Indians. Following agriculture, the MSME business produces most persons. This industry has been designated as a priority field given that to its key role in the nation's financial and social development. Due to the lack of important industries in Bihar, India, micro, small, and medium companies have been the framework for external investments. Because of the incorporation of entrepreneurial abilities within regular businesses, MSMEs have also been an important limestone to social inclusion. During this research, an attempt is made to present the interpretation and analysis related with the MSME sector's contribution to socialization and its future prospects in profiting from opportunities created by recent initiatives. The study additionally includes a comparative evaluation of the variations in arguments of small, micro, and medium-size enterprises on obstacles to their operations.
Keywords: Inequality, MSME, MSMED Act, Comparative analysis, Role of Economics
Edition: Volume 12 Issue 8, August 2023,
Pages: 47 - 51