Assessing Growth of MSME and Bank Credit in Its Assistance
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 3
Abstract
MSME contribute to economic development in various ways such as employment opportunities sustainable development to the economy and providing goods and services at affordable cost. This study has been secondary data and the time period of the study has been taken from 2007-2016. Purpose of the study is to assessing growth of MSME in employment generation, working enterprises, market value of fixed assets and banks credit to MSMEs. The study shows the average growth of working enterprise, employment and market value of fixed assets is 440.6, 996.06 and 1166149 respectively. It is suggested that GOI should enable financial institutions to lend more credit at less rate of interest for the sustainability of MSME sector and for a country to grow and government should actively promote business enterprises to create more and more employment.
Authors and Affiliations
Amandeep Kaur, Dr. Sawinder Kaur
Keywords
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- EP ID EP410069
- DOI 10.9790/487X-2003095255.
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