International Journal of Scientific Research and Engineering Development( International Peer Reviewed Open Access Journal ) ISSN [ Online ] : 2581 - 7175 |
Atmanirbhar Bharatand Role of Indian Msmes Tobecomeself Reliant
International Journal of Scientific Research and Engineering Development (IJSRED) | ||
Published Issue : Volume-3 Issue-6 | ||
Year of Publication : 2020 | ||
Unique Identification Number : IJSRED-V3I6P79 | ||
Authors : Satya Narayan Bag | ||
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Abstract :
MSMEs are important sector for Indian economy. It has contribution towards socioeconomic development of our country. Due to Covid 19 situation, special and comprehensive economy package of Rs. 2 lakh crore has been announced to bring the economy back on track. This mission is to make India self-reliant in key economic sectors. Share of Registered Micro enterprises was highest of 88.83 % followed by Small and Medium enterprises of 10.74 % and 0.43 % respectively from the year 2015-16 to 2019-20 has been observed. Number of registered MSMEs of three types has been increasing in the last five years. It was a good sign of socio economic development of our country. Overall employment status of MSMEs of the same period has been increasing. Micro enterprises share of employment was largest of 61.46 % , followed by Small enterprises of 32.20% and Medium enterprises was 6.34% of the year 2015-16 to 2019-20. Regarding investment , Small enterprises has highest share of 52.29% , followed by Micro enterprises of 28.16% and Medium enterprises of 19.56 % has been observed in our country.The investment status of all MSMEs has been increasing in the last five years. Regarding share of registration of the year 2019-20, Maharashtra occupied top of the list indicating 27.02% share , followed by Madhya Pradesh of 12.01% share and Tamil Nadu occupied 3rd position of 10.03% share of MSMEs registration. West Bengal has 1.62% share of Registered MSMEs of the same year. Employment opportunities in MSMEs in West Bengal were increasing trend, except Medium Enterprise, where decreasing trend of employment has been found in the last five years. In the year of 2019-20, in West Bengal , registered service sector enterprises has 52.57 % share compare to Manufacturing sector of 47.42 % . Both Medium and Small registered enterprises has been increasing whereas decreasing trend has been observed in Micro enterprises. Ownership of Registered MSMEs having Male candidate was 76.54 % compare to female ownership candidate of 23.46 % in west Bengal of the year 2019-20.