11th NCERT Business Studies Chapter 9
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– Meaning and nature of MSME in India: MSMEs contribute significantly to India's development through production, employment, and exports, utilizing local resources and indigenous skills【4:2†source】.
– Role of MSME in India: MSMEs play a crucial role in economic growth, contributing around 29.7% of GDP and 49.66% of exports, offering employment to nearly 60 million people through 28.5 million enterprises【4:2†source】.
– Problems faced by MSMEs: Lack of finance, remote locations with poor infrastructure, managerial talent, traditional technology, and inadequate availability of finance are some major issues encountered by MSMEs【4:4†source】.
– Innovation and entrepreneurship for MSMEs: MSMEs provide ample opportunity for entrepreneurship, enjoy low production costs, can make quick decisions, and capture new business opportunities in a timely manner【4:4†source】.
What is MSME?
State the meaning of entrepreneurship.
MSME and Entrepreneurship are connected. Do you agree? Give two reasons.
State the role of MSME in development of a country.
What are the different parameters used to measure the size of MSME?
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