Micro, Small and Medium Enterprises Vis-A-Vis Government e-Market Place: The Growth Story

Authors

  • Hrishikesh Kumar Executive Director (Finance), NBCC (India) Limited, New Delhi
  • Anil Kumar Sah DGM (Finance) NBCC (India) Limited New Delhi

DOI:

https://doi.org/10.33516/maj.v58i11.27-30p

Keywords:

No Keywords.

Abstract

The growth of MSMEs is seen as a key driver of economic development and job creation in India. The sector also shows strong momentum in exports, as per the Directorate General of Commercial Intelligence and Statistics (DGCIS). MSMEs are complementary to large industries as ancillary units and this sector contributes enormously to the socio-economic development of the country. It is now incumbent upon the MSMEs to harness their strength and potential with the help of GeM, for making significant contributions to propel the nation towards the $ 5 Trillion economy milestone and securing its position as the world’s third-largest economy.

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Published

2024-03-15

How to Cite

Kumar, H., & Sah, A. K. (2024). Micro, Small and Medium Enterprises Vis-A-Vis Government e-Market Place: The Growth Story. The Management Accountant Journal, 58(11), 27–30. https://doi.org/10.33516/maj.v58i11.27-30p

Issue

Section

Cover Story

References

GeM Portal – www.gem.gov.in

MSME Sambandh Portal - www.samadhaan. msme.gov.in

MSME Udyam Portal - https://udyamregistration. gov.in

Ministry of Commerce & Industry PIB Press release Dt.22.08.2023

Public Procurement Issues with Government of India, Khan, M. H www.dx.doi.org/10.2139/ ssrn.2925865

Schemes to Support MSMEs - PIB Press release Dt.10.08.2023

www.dpe.gov.in/sites/default/files/MoU%20 Guideline22-23.pdf

www.gem.gov.in/handbook?utm_ source=webbanner&utm_campaign=handbook

www.meity.gov.in/writereaddata/files/PPP_MII_ Order_dated_16_09_2020.pdf

www.rxil.in

www.treds.in

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