MSMEs Significance in Indias Economy

22/02/2024 Financial & Legal Services

Price: Free

Description

With a major contribution to GDP and employment, the Ministry of Micro, Small, and Medium Enterprises (MSME) sector in India is essential for fair economic development. However, obstacles like late payments prevent it from expanding. The government created the MSME Samadhaan site for faster grievance redressal to lessen this. Unresolved cases, however, continue to exist, which is why tougher laws, like the Insolvency and Bankruptcy Code (IBC 2016), are being considered to ensure that the industry continues to contribute to India's economic development.

More Details

Total Views:18
Reference Id:#2236171
Phone Number:09818887904

Comments

Copyright © 2008 - 2024 |   All Rights Reserved |   tuffclassified.com |   24x7 support |   Email us : info[at]tuffclassified.com