Micro, small and medium enterprises (MSMES) of Jalpaiguri district of west Bengal: A critical review
Dr. Manas Naskar
Micro, Small and Medium Enterprises (MSMEs) have been considered as the pillar of economic growth in all developing and developed countries of the world. MSMEs ensure large scale employment immediate after agricultural sector and proved as a very powerful weapon against poverty, income inequalities and disparities. Eight percent of the Gross Domestic Production (GDP), 45 percent of the manufactured output and 40 percent of exports of India are contributed by MSMEs. Ministry of MSEs report 2015-16 states that there are 3.6 crore MSMEs which generates employment over eight crore people. However, it is very pathetic to observe from the government report that a large number of units are going to be closed. According to RBI report 2015-16 the number of closed and sick MSMEs has doubled in the last four years. Under this background, the present study concentrates on the registered closed MSMEs units of Jalpaiguri district of West Bengal. The main objectives of the study are to identify the possible factors associated with the closures and the amount required to reopen the closed units of the willing entrepreneurs. The capital employed in the MSMEs and number of manpower generated is also ascertained. Both primary and secondary data have been used to analysis the present situation of the closed units. The study shows that financial problem and managerial problem are mainly associated with the closure and huge amount of scope is there to generate man power.
Dr. Manas Naskar. Micro, small and medium enterprises (MSMES) of Jalpaiguri district of west Bengal: A critical review. International Journal of Advanced Research and Development, Volume 2, Issue 5, 2017, Pages 662-667