Performance of MSMEs in Himachal Pradesh: A Comparison of Pre and Post MSMEDA Period

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Published Jun 1, 2022
https://doi.org/10.31794/NLDIMSR.6.1.2022.21-30
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Volume 6, Issue 1, January-June 2022

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Rakesh Mahajan
Research Scholar, University Business School, Guru Nanak Dev University, Amritsar, Punjab
Dilpreet Kaur
Assistant Professor, Khalsa College for Women, Amritsar, Punjab

Abstract

Worldwide, Micro, Small and Medium Enterprises (MSMEs) are playing a key fundamental role in propelling the economic growth and regional development. MSMEs sector is being recognized as the real engine of growth for the Indian Economy. With a large contribution of about 38% to the GDP, approximately 40% share of exports and 45% share of manufacturing output. The present paper is an attempt to study the status of MSMEs in the state of Himachal Pradesh. The paper analyses the performance of the MSMEs in Himachal Pradesh on the basis of number of enterprises and employment by MSMEs. This study is based on secondary data collected from annual reports of MSMEs, RBI statistics of Indian Economy, report on 73rd round of NSS, etc. A comparison of third and fourth census of MSMEs has also been done for registered and unregistered MSMEs in India.

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Author Biography

Rakesh Mahajan, Research Scholar, University Business School, Guru Nanak Dev University, Amritsar, Punjab



How to Cite
Mahajan, . R. ., & Kaur, D. . (2022). Performance of MSMEs in Himachal Pradesh: A Comparison of Pre and Post MSMEDA Period. NLDIMSR Innovision Journal of Management Research, 6(1), 21–30. https://doi.org/10.31794/NLDIMSR.6.1.2022.21-30
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