What is the role and significance of MSMEs in Indian Economy? – InterviewSolution

InterviewSolution

1.	What is the role and significance of MSMEs in Indian Economy?
Answer» Entrepreneurship is the key for economic development of any country. By empowering entrepreneur, MSME sector provides more employment opportunity to the people of India. It helps towards the industrialization of rural and backward areas. This sector reduces regional imbalance. It provides equality distribution of national’ income and wealth.

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