Do you want to start your own business then Ministry of Micro, Small and Medium Enterprises (MSME)_has a lots of possibilities

April 23, 2019
Do you want to start your own business then Ministry of Micro, Small and Medium Enterprises (MSME)_has a lots of possibilities

Despite the slowdown in the employment sector, our country India continues to be a well-stocked market due to the rise in the income and expenditure incurred in the middle class family. However, only 15% of the total consumption of the country is able to meet the domestic manufacturing industry. In such a situation, India has a chance to generate employment on a large scale. It is believed that if it is properly addressed on the MMME, then this sector can work this difference faster and approximately 10 million new jobs can be created in the next 4-5 years.

Let's know how many opportunities to increase employment in MMME. Based on a report, the study of products group manufacturing in different groups in the weight shows that if proper focus is given on MSME, 75 lakh to 10 million additional jobs can be generated in the next 4-5 years. . This goal can be achieved by adopting a market based strategy for MSME.

This will help companies in organized private sector invest in MSME's capacity building and increase. Blocking for faster development, there are still many obstacles in the path of pursuing the MSME - based domestic manufacturing industry, which can be overcome by reducing policy measures and bureaucratic improvisations. Industry Even Initiative Of course, it is the government's job to make policies, execute them, and remove barriers to the bureaucracy, but instead of working for the profitable and strong industries, instead of working for profit, take initiatives to focus on issues related to the country.

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