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Graduation from SSIs to SMEs in India: Policies, performance, and challenges

Bala Subrahmanya, MH (2018) Graduation from SSIs to SMEs in India: Policies, performance, and challenges. In: International Journal of Entrepreneurship and Small Business, 33 (2). pp. 241-264.

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Official URL: https://doi.org/10.1504/IJESB.2018.090137


This paper examines the salient features of India’s SME policy emerged since the promulgation of MSMED Act 2006. Based on these features, which are distinctly different from the policy measures introduced after India’s first Industrial Policy Resolution, 1948 till 1991, and after 1991 till 2006, it delineates the major phases in India’s SME policy evolution. Against this backdrop, the growth of SMEs from 2006/07 to 2012/13 relative to that of small scale industries from 1990/91 to 2005/06, is evaluated. Finally, the paper identifies the current challenges, and discusses policy imperatives for the development of SMEs and thereby Indian economy.

Item Type: Journal Article
Publication: International Journal of Entrepreneurship and Small Business
Publisher: Inderscience Publishers
Additional Information: The copyright for this article belongs to the Inderscience Enterprises Ltd.
Keywords: Challenges; Competitiveness; India; Liberalisation; Medium enterprises; Performance; Policy; Protection; Small; Small scale industry; SMEs; SSI
Department/Centre: Division of Interdisciplinary Sciences > Management Studies
Date Deposited: 22 Aug 2022 09:08
Last Modified: 22 Aug 2022 09:08
URI: https://eprints.iisc.ac.in/id/eprint/76116

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