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  • 8/9/2019 Sme Article (1)

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    Micro, small and medium enterprises sector has been recognised as an engine of growth all over the

    world and is characterised by low investment requirement, operational flexibility, location wise

    mobility, and import substitution.

    Acc. to the latest reports #$ the SM *ham#er of *ommerce and the Ministr$ of Micro, Small and Medium

    Enterprises, India currentl$ has more than + million SMEsIndian SMEs have &ro!n at a sta#le pace of +-. in the

    last - $ears

     Accordin& to the latest Economic Surve$, Indian SMEs emplo$ close to +0. of India/s !orforce After the

    a&riculture sector, SMEs ran second in fosterin& emplo$ment opportunities

    1o!ever, in anuar$34e#ruar$ 2056, SMEs sa! a decline of -5. in investments throu&h the 7rivate E%uit$

    (7E) routein 8ust one $ear The sector fell from 9SD 602: million to 9SD 5-5 million 4unds focussin& on SMEs are

    havin& difficulties in raisin& mone$ #ecause of the prevailin& conditions The total &ap in MSME fundin& is estimated

    at 9SD52 million Althou&h #ans have #een slo!l$ tr$in& to #rid&e this &ap, strin&ent reforms from the &overnment

    are re%uired

     Micro, Small and Medium Enterprises (MSME) contri#ute nearl$ percent of the countr$/s GD7, +- percent

    of the manufacturin& output and +0 percent of the e'ports

    News:-

    Small and medium traders on Thursday appealed to the Centre to constitute a 'Board of Internal Trade' to look into the

    issues of the SME sector even as it alleged that "unethical practices" followed by online retail marketers have created

    an "uneven playing field" for them.

    Emerge: (;SE SME 7M)

    ;e! option for emer&in& companies for raisin& capital It was a major landmark for the SME sector tohave a new avenue for raising capital in an ecient manner. India has high entrepreneurial

    potential and the SME sector has een a ke! engine of economic growth" jo creation"

    wealth distriution" and e#ective moili$ation of resources %capital and skills&.

    • It is a platform provided #$ ;SE to sme/s to raise capital for Ape',!orin& capital,ac%uisition ,> ?D,and an$

    other re%uirement

    • 7ost issue capital less than 2-cr

    • Issue si@e3no restriction

    enefits of Emerge:

     

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