Issue Details
HARNESSING THE POTENTIAL OF MSMES: PROMOTING GREEN JOBS AND INCLUSIVE GROWTH IN INDIA
Ms. Aditi
Page No. : 219-234
ABSTRACT
In developing nations, MSMEs play a crucial role in economic progress by helping to curb inflation, provide new employment opportunities, and reduce poverty. When compared to other industries in India, MSMEs employ the greatest number of people. India’s micro, small, and medium-sized enterprise sector has grown into a significant economic player, helping to bring industrialisation to rural regions and creating jobs with less money than huge firms. Furthermore, this industry serves as a medium for inclusive growth, giving voice to the voiceless. “The primary goals of this paper are to examine how the development of India’s micro, small, and medium-sized enterprise sector relates to the achievement of the Sustainable Development Goals (SDGs) by 2030, to evaluate the MSME sector’s contribution to the development of green jobs in India, and to draw attention to the difficulties encountered by the MSME sector. Secondary data from a variety of MSME-related studies and research papers spanning the years 2006-2007 through 2017-2018 form the basis of the provided information. Contributing significantly to GDP, job creation, total exports, SDG attainment, and green development, the MSME sector is a vital part of the Indian economy.
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