This week we’ll take a peek into how MSMEs contribute to GDP.
MSME’s (Micro Small Medium Enterprise) more popularly known as the backbone of Indian economy; a backbone that seems to be crippled more or less. But before we go into the crippling side of it, let’s take a look at the contributions these enterprises have made on the national and state economy. Continue reading
TL;DR In this post we will be looking at various trends in the MSME distribution in India such as the distribution of MSMEs state-wise, the employment generated by these MSMEs and their contribution to the GDP of the state. In the process we shall make some analysis on how the MSME dynamics affect a lot of other elements primarily the employment rate , productivity and migration of workforce. Continue reading