In our country, more than 24 crore people are living below poverty line. The reason may be low income, lack of investment capability, and lack of commercial approach. To change their lives Micro-credit is being provided to them to become self-employed and to start a small business. However, this is not sufficient; there must...
Self-employment is one way of attacking poverty and solving the problems of unemployment by the poor people. Having a great business idea is not sufficient; to implement that idea one must need capital to set up business and to execute the plan. Every entrepreneur doesn’t have enough amounts to invest. For these kind of...
Micro and small enterprises are major resource for our economy and employment. Their contribution is high in exports, Industrial production and to GDP. But unfortunately these MSEs are facing major challenges to overcome the competition from the large enterprises and ultimately give up. To overcome these challenges MSEs of the same sector combining to...
MSEs are very important in major contribution of GDP and overall growth of the economy of our country. In India, the Micro and Small Enterprises (MSEs) plays a significant role in sustaining the growth of economy and generating high employment in our country. MSEs have the higher growth rate of 10.8% when compared to...