A STUDY ON ROLE OF MSME IN ECONOMIC DEVELOPMENT OF RURAL INDIA

Abstract

The MSME Sector assumes an indispensable part in financial improvement of the country and is an important channel for setting out minimal expense work open doors. For expedient development of SSI, the State Government has effectively achieved Simplification in the SSI enlistment methodology and appropriately decrease in archives has been achieved. The State Government has changed the plan of SSI units has been expanded up to Rs. 1 Crore for Tiny Sector, the venture roof has been expanded from Rs. 50,000/ - to Rs. 2 lakhs. Up to March 2000, there were 1,35,350 perpetual enrolled SSI units in the State. The absolute interest in these units was Rs. 10,73,943 lakhs and their creation limit was Rs. 7,50,744 lakhs. These units in completely utilized around 1011954 people. The service has various projects to help and help business visionary and independent companies. In the event that anybody is wanting to set up business, one may contact National Institute for Entrepreneurship and independent venture advancement (NIESBUD), National Institute for Micro, little and medium endeavors (NI-MSME), Indian Institute of Entrepreneurship (IIE) or the Development chief (DC-MSME) for insight regarding their projects. In the setting of above data, this examination endeavored to know the cutting edge state of MSME mechanical area and its effect on financial just as friendly improvement of district.