5 KEY BENEFITS FOR MSME SECTOR
Are you planning to start your own business? Are you worried about competition from large manufacturers? Are you worried about availability of funds to finance your business? If you have answered "YES" to these questions, then you must consider the various MSME Scheme’s that are made available to this sector by the Government. Y ou also need to check out if your products are covered by the sector. If you are not aware of the various schemes for MSME Sector , then this blog is for you, so read on. MSME means Micro, Small and Medium Enterprises . These industries are considered to be the backbone of any country’s economic growth. MSMEs are very important for the economic development of a country as they contribute immensely towards job creation , sustained progress and overall improvement in earning capacity of the citizens of the country thus reducing poverty. Because of the socio-economic advantages that this sector offer, Government too inves...
