STRUGGLES OF MSMES IN INDIA
The industrial development of the country is one of the major aspects that defines the economic growth of any country. Apart from the contribution of big and leading industries, a significant role is played by the budding and growing industries or enterprises called the MSMEs.
The contribution of the MSMEs depends on various parameters that include the development of infrastructure, support from the government, the present market, various banking facilities, different government based policies and much more.
In the category of manufacturing industries, MSMEs play an important role. They come with their unique nature of contributing to employment of the country and requiring minimum amount of investment to function.