Micro, Small, and Medium Enterprises


Upon completion of this chapter, you should be able to:


1. Understand the role and importance of Micro, Small, and Medium Enterprises (MSME).

2. Introduce the concepts and definitions of MSME.

3. Explain the recent policy initiatives and other reforms with reference to MSME.

4. Trace the growth and performance of MSME in India.

5. Analyse the findings of the Fourth All-India Census of MSME.

6. Discuss the problems and prospects of MSME.


The role of MSME is becoming prominent for sustainable development and inclusive growth initiatives in most countries. The Micro, Small, and Medium Enterprises (MSME) is one of the most vibrant sectors of the Indian economy. MSME ...

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