Employment Generation through MSMEs in India

Commerce

MSMEs in India have played a greater role in providing employment opportunities to urban and rural population over the five decades. In the recent past, MSMEs contribution to GDP is increasing rapidly and leading to a large employment force in the country. In this direction, this paper has highlighted the current status and trends of employment generation by MSMEs in India. In the end, this study concluded that MSMEs have immensely contributed in the generation of employment opportunities, particularly by Micro enterprises in rural areas. Moreover, Maharashtra, Tamil Nadu, Telangana, Rajasthan, Uttar Pradesh and Karnataka states have been instrumental in the provision of employment. At last, this study throws a light on the issues like access to better infrastructure in rural areas, access to technology and finance and also increasing the investment sharply to needy enterprises.

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