Question

Importance of small and medium enterprises in india upsc

Answer 1

Answer :

The Importance in Indian Economy. For a country to grow, the government should actively promote business enterprises. Though MSMEs are small investment enterprises, but their contribution to the Indian economy is very significant.

#DimpleDoll

Answer 2

Hey there..❤

It is the most significant driver in India contributing to the tune of 8% to GDP. Considering the contribution of MSME to manufacturing, exports, and employment, other sectors are also benefitting from it.

Thanks.. :)