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ISSN 2063-5346
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A STUDY OF IMPACT OF MICRO, SMALL AND MEDIUM ENTERPRISES IN ECONOMIC DEVELOPMENT OF UTTARAKHAND

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Ashish Vishnoi1 , Dr. Mithilesh Kumar Pandey2 , Dr. Vipul jain3 , Ratnesh Kumar Shukla4
» doi: 10.48047/ecb/2023.12.9.170

Abstract

Micro, small and medium enterprises are globally considered as promoter of economic growth. It has huge potential for generating employment, generator of low cost products and innovator of new technology and have majour contribution in GDP growth. But they have to face challenges like inadequate finance, skilled labour and inadequate marketing support and many more other challenge. Since maximum geographical region of Uttarakhand is lying in the hill regions. But MSMEs development is restricted to maximum in plain regions. This paper is based secondary data taken from the government of Uttarakhand and highlights the current status of MSMEs in Uttarakhand and problem faced by them.

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