ARCHIVES
VOL. 6, ISSUE 2 (2024)
An overview performance of MSMEs compare to GDP, employment and exports: A study on India economy context
Authors
Chhattu Kamila, Brajaballav Pal
Abstract
MSMEs are the robust pillar of the economy,
they engage with manufacturing and services sectors, create employment at the
low cost of capital, also it help with GDP and export expansion. The objective
of the study is what determines the role and performance of these sectors in
the Indian economy, for the study we have taken the last four years (2019-20 to
2023-24) secondary data, sources from MSMEs annual reports and PIB reports, which
are registration growth of the MSMEs, its employment capacity and MSMEs to GDP
and exports. Used simple averages, percentages and bar charts to interpret the
results. The results say that the role of the MSME sectors is significant in
the economy, where the contribution of MSME to GDP, employment and export are
positive trends over the years which is a good sign for the Indian economy, it
helps India to present leading position of business status and connectivity on
front of the global market in near future.
Download
Pages:12-15
How to cite this article:
Chhattu Kamila, Brajaballav Pal "An overview performance of MSMEs compare to GDP, employment and exports: A study on India economy context". International Journal of Management and Commerce, Vol 6, Issue 2, 2024, Pages 12-15
Download Author Certificate
Please enter the email address corresponding to this article submission to download your certificate.