International Journal of Social Science & Economic Research
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Title:
MSME IN INDIA: ENGINES OF EMPLOYMENT GENERATION AND ECONOMIC GROWTH

Authors:
Anu Kumari and Puja kumari

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Anu Kumari1 and Puja kumari2
1,2. Ph.D Scholar, Central university of south Bihar

MLA 8
Kumari, Anu, and Puja kumari. "MSME IN INDIA: ENGINES OF EMPLOYMENT GENERATION AND ECONOMIC GROWTH." Int. j. of Social Science and Economic Research, vol. 9, no. 3, Mar. 2024, pp. 514

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ABSTRACT:
This study delves into the significant role played by Micro, Small and Medium Enterprises (MSMEs) in India particularly in terms of employment generation and overall economic growth. It examines the current scenario of MSME through the employment, utilizing data from various sources including Annual report of MSME and NSS 73rd round conducted during 2015-16. The analysis shows the substantial contribution of MSME to job creation across different sectors and regions, highlighting their pivotal role in addressing issues of unemployment, poverty and regional imbalances. Moreover, the study explores the relationship between the number of working enterprises and employment generation over a fourteen-year period from 2001-02 to 2014-15, illustrating a positive economic trend characterized by steady growth in both sectors. The findings highlight the significance of MSMEs in driving economic development and fostering inclusive growth in India.

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