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Monday, 22 June 2015

IMPACT OF NEW INDUSTRIAL POLICY ON MICRO, SMALL AND MEDIUM ENTERPRISES (MSMES) IN INDIA




C. BharathaJyothi
Research Scholar, Dept.of Economics, S.V.University, Tirupati(A.P).
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Abstract :
                        Indian small scale industries play an imperative role in the economic expansion of the country and have vast approaching for employment generation. The Increasing small scale sector also results in decentralized industrial development, better distribution of wealth and investment and entrepreunial talent. The Government has initiated several policies for the growth and development of small scale industries. The ministry of Agro and Land Rural industries and Ministry of SSI have been merged into a single, Ministry namely, Ministry of Micro, Small and Medium Enterprises (MSMEs).
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