IRJIF IMPACT FACTOR: 3.52 North Asian International research

Nisar Hussain, Malik, Ahmad Bilal, Malik, Mani Nagendra, Honorary Trapathi, Ashak Dr, Malik Hussain, Adgaonkar Ganesh, Somanath Reddy, R Sharma, R Pandday (+18 others)
2016 Journal consortium North Asian International Research Journal of Multidisciplinary   unpublished
The MSMEs contributes extensively to the country's manufacturing output, employment and exports and is accredited with generating the highest employment growth as well as accounting for a major share of industrial production and exports. MSMEs comprise more than 80 per cent of total enterprises in most of the economies. In recent years, the MSME sector has consistently registered higher growth rate compared with the overall industrial sector in GDP from 16 per cent at present to 25 per cent by
more » ... to 25 per cent by the end of 2022. Indian Financial Institutions and the Government have a crucial contribution in development and promotion of MSME sector role played by credit lending institutions is remarkable. Paper also aims to evaluate opportunities and challenges in the sector for raising funds through financial institutions which should be considered by policy makers for better results.