期刊名称：International Journal of Management and Business Studies
印刷版ISSN：2231-2463
电子版ISSN：2230-9519
出版年度：2013
卷号：3
期号：2-2
出版社：Cosmic Journals
摘要：MSME play pivotal role in Indian manufacturing sector and have become engine of economic growth in India with their effective, efficient, flexible and innovative entrepreneurial spirit. It is generating the highest rates of employment growth and account for a major share of industrial production. It is estimated that MSMEs account for almost 90% of industrial units in India and 40% of value addition in the manufacturing sector. This paper closely analyses the growth and development of the Indian Micro Small Medium Enterprises sector from opening of the economy in 1991. The Micro, Small and Medium Enterprises Act, 2006 is intended to boost the sector. Th e pro visions of the Act are examined closely. The final p art prov ides some future policy framework for the sustainability of the sector
关键词：MSME; GDP; Entrepreneur and Economic Development
