CDP Acts as Driving Force to the MSME Sector a Case Study of Fan Cluster in West Bengal

Authors

  • Rintu Nath Assistant Professor & HOD, Dept. of Commerce, Sarat Centenary College, Dhaniakhali, Hooghly

DOI:

https://doi.org/10.33516/maj.v55i12.56-61p

Keywords:

No Keywords.

Abstract

MSME sector well-regarded as the backbone of the country is facing with huge problems in connection with fund, technology, demand and efficiency. CDP acts as safeguard mechanism to the MSME sector which is generating second largest employment. The purpose of this study is to evaluate the effects of CDP on capacity building of the MSMEs, using electric fans industry in Kolkata, West Bengal as case study. Based on this sample, the results obtained indicate that CDP has a clear effect on the capacity building of the MSMEs. MSMEs have been immensely benefitted in terms of productivity and competitiveness from various capacity building measures. The findings can prove useful to MSME department and its policy makers, new entrepreneurs, researchers, as well as government and academic institutions.

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Published

2020-12-31

How to Cite

Nath, R. (2020). CDP Acts as Driving Force to the MSME Sector a Case Study of Fan Cluster in West Bengal. The Management Accountant Journal, 55(12), 56–61. https://doi.org/10.33516/maj.v55i12.56-61p

Issue

Section

Cover Story

References

FICCI-MSME Summit 2012, Theme Innovation & Clusters, Innovation Readiness of Indian SMEs: Issues and Challenges, Feb 23, 2012 at FICCI, New Delhi (important issues in CDP), http://ficci.in/spdocument/20144/FICCI-MSME-Summit-2012-knowledge-paper-new.pdf.

Report of the Working Group on Clustering and Aggregation for the 12th Five Year Plan, Department of Industrial policy and Promotion, Ministry of Commerce and Industry, GOI, October, 2011, http://planningcommission.gov.in/aboutus/committee/wrkgrp12/wg_aggregation.pdf

Understanding and overcoming barriers to technology adoption among India’s MSMEs: Building a roadmap to bridge the digital divide, www.intuit.in

Cluster Development Initiatives in India, www.dcmsme.gov.in/clusters/unido/cdpinit.htm

https://www.indiamart.com/fan-manufacturers-cluster-foundation/about-us.html

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