Measures to Make MSMEs Key to Self-Reliant India

Authors

  • Inchara P. M. Gowda ICSSR Post-Doctoral Fellow, Sahyadri Commerce and Management College, Shivamogga
  • K. S. Sarala Associate Professor and MBA Programme Coordinator, Sahyadri Commerce and Management College, Shivamogga

DOI:

https://doi.org/10.33516/maj.v55i10.42-46p

Keywords:

No Keywords.

Abstract

In the post-independent India, MSME Sector has emerged as a highly vibrant and dynamic sector of Indian economy with its multifarious contributions. However, this Sector has not been able to contribute its full potential owing to many problems it is facing. Recent efforts of the GoI, RBI, etc., aim at addressing these problems on the one hand, and reinvigorating the ailing MSME Sector on the other to enable it to contribute further to make the country realize its ambitious goal of ‘Self-Reliant India’.In this backdrop, the present paper analyses the recent initiatives of the GoI, RBI, etc., to make MSMEs crucial to selfreliant India.

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Published

2020-10-31

How to Cite

Gowda, I. P. M., & Sarala, K. S. (2020). Measures to Make MSMEs Key to Self-Reliant India. The Management Accountant Journal, 55(10), 42–46. https://doi.org/10.33516/maj.v55i10.42-46p

Issue

Volume 55, Issue 10, October 2020

Section

Cover Story
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Europe PMC

References

Inchara P M Gowda. (June 2020). Revival Package for ailing MSMEs. Money Wise (special edition, digital 2). pp. 18-20.

Ministry of Micro, Small and Medium Enterprises, Annual Report, 2018-19, Government of India, New Delhi.

Micro Units Development and Refinance Agency Ltd., Annual Report, 2018-19, Mumbai.

Prime Minister’s Task Force. (2010). Report of Prime Minister’s Task Force on Micro, Small and Medium Enterprises. Ministry of MSMEs, GoI, p. 7 retrieved from http://msme.gov.in/

Shaktikanta Das, Micro, Small and Medium Enterprises – Challenges and Way Forward, Speech delivered at the 15th ASSOCHAM Annual Banking Summit at Mumbai on 6 March 2020