Subrahmanya, MHB (2021) Small and medium enterprises in India. In: Current Science, 121 (5). pp. 1-2.
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Abstract
Small and medium enterprises (SMEs) form an integral and indispensable segment of any economy, the world over. They make considerable contributions to national economies in terms of employment, income and exports, among others. Overall, the SME segment is characterized by a relatively ‘free entry and free exit’ criterion and therefore, has high rates of births and demises. In between, they are constantly threatened by various constraints with respect to obtaining finance, accessing markets, recruiting human resources and operating production activities with a constant need for updating technologies. This is so, despite national governments forming exclusive SME policies and extending financial and fiscal benefits, on the one hand, and administrative and technical support, on the other, on a continuous basis. © 2021, Current Science. All rights reserved.
| Item Type: | Editorials/Short Communications |
|---|---|
| Publication: | Current Science |
| Publisher: | Indian Academy of Sciences |
| Additional Information: | The copyright for this article belongs to Publisher. |
| Department/Centre: | Division of Interdisciplinary Sciences > Management Studies |
| Date Deposited: | 15 Feb 2024 12:03 |
| Last Modified: | 15 Feb 2024 12:03 |
| URI: | https://eprints.iisc.ac.in/id/eprint/82938 |
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