Micro, Small and Medium Enterprise (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. MSMEs not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of national income and wealth. MSMEs are complementary to large industries as ancillary units and this sector contributes enormously to the socio-economic development of the country. The researcher has tried to find out the possible difficulties that small enterprises face in the market. The reasons behind the failure of maximum small enterprises in Indian market. The market policies which effect such businesses and also the steps taken by the government to relief the small market enterprises. Some of the important policies have been discussed in the paper introduced by the government or which already exists. The researcher has tried to give solutions to solve such problems incurred by the SME'. The researcher has tried to find the existing governmental policies which will ease in doing business and also provide suggestions to solve the problems being faced by such business organisations. Arihant Agrawal"Difficulties Small Business Face Due to Marekt Conditions" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-5 , August 2018, URL: http://www.ijtsrd.com/papers/ijtsrd17022.pdf http://www.ijtsrd.com/management/operations-management/17022/difficulties-small-business-face-due-to-marekt-conditions/arihant-agrawal
The Indian MSME sector is the backbone of the national economic structure and has unremittingly acted as the bulwark for the Indian economy, providing it resilience to ward off global economic shocks and adversities. With around 48.8 million units throughout the geographical expanse of the country, MSMEs contribute around 7% of the manufacturing GDP and 31% of the GDP from service activities as well as 37% of India s manufacturing output and 40% of the overall exports.
This document discusses challenges faced by small and medium enterprises (SMEs) in India in adopting enterprise resource planning (ERP) systems. SMEs are an important part of the Indian economy, contributing about 17% to GDP. However, adoption of IT and ERP systems among SMEs has been unsatisfactory. The document outlines issues that Indian SMEs face in ERP implementation such as lack of skills, resources, and infrastructure. It also discusses challenges SMEs face in areas like financing, skills, production capacity, and accessing global markets. ERP systems could help increase SME efficiency and productivity if implemented successfully despite these challenges.
The document discusses entrepreneurship in India, noting there are ample small business opportunities but support is needed from the government and society. It outlines various government organizations that promote industries and entrepreneurship through training and funding. These include groups at the national, state, and local levels. The document also discusses industry associations that help entrepreneurs and steer policy, as well as development organizations that provide training and support for new businesses. It concludes that increasing entrepreneurship is key to fighting unemployment and poverty in India.
MSME - All you need to know about this sectorshubhadeep saha
here in the slide, I have presented all the necessary information regarding MSME i.e Micro, Small & Medium Enterprises. From the opportunities, challenges to the benefits of MSMED act, loan schemes, projects that the FMC has submitted till date are all presented. although I couldn't provide all the happenings in MSME this presentation can be named as MINI WIKI for MSME. in recent days msme has contributed a lot to the Indian economy and makes it stronger. also, the MSME sector provides huge employment that has surely lower down the tension of the govt. e6arao aro onek ki6u a6e, jeta apnara net ghatle bujhte parben, apatoto ja korar ata diei korun. porer ta pore dekha jbe
Micro Small and Medium Enterprise Funding - Opportunities and ChallengesResurgent India
What are MSMEs, Why are they Important, What is their role in the Economy and What are the Opportunities and Challenges related to Funding in the Sector? This Research Report from Resurgent India highlights the Opportunities and Challenges along with Suggestions for MSME Funding.
MSMEs role in driving the make in india initiativeSeilan Anbu
The document discusses the important role that Micro, Small, and Medium Enterprises (MSMEs) play in driving India's "Make in India" initiative, contributing approximately 45% of manufacturing output, 40% of exports, and employing over 36 million people. MSMEs promote balanced regional development, generate most non-farm jobs, and contribute to sustainable development. The government supports MSMEs through various programs and policies to strengthen the sector and help realize the growth opportunities it presents.
Micro, Small and Medium Enterprises, Key Government Schemes and Initiatives to support MSMEs, Current Financing Landscape for MSMEs, Issues and Challenges for MSMEs
The document discusses MSMEs (micro, small and medium enterprises) in India, including their importance, characteristics, barriers to growth, and strategies for growth. It notes that MSMEs employ over 60 million people and contribute significantly to India's GDP and exports. However, their share of industrial output, employment, and value of production has reduced since economic liberalization in the 1990s. The document outlines barriers to MSME growth such as access to financing and technology. It suggests strategies for organic growth like developing new products/markets/customers, and inorganic growth through mergers, acquisitions, and partnerships.
The Indian MSME sector is the backbone of the national economic structure and has unremittingly acted as the bulwark for the Indian economy, providing it resilience to ward off global economic shocks and adversities. With around 48.8 million units throughout the geographical expanse of the country, MSMEs contribute around 7% of the manufacturing GDP and 31% of the GDP from service activities as well as 37% of India s manufacturing output and 40% of the overall exports.
This document discusses challenges faced by small and medium enterprises (SMEs) in India in adopting enterprise resource planning (ERP) systems. SMEs are an important part of the Indian economy, contributing about 17% to GDP. However, adoption of IT and ERP systems among SMEs has been unsatisfactory. The document outlines issues that Indian SMEs face in ERP implementation such as lack of skills, resources, and infrastructure. It also discusses challenges SMEs face in areas like financing, skills, production capacity, and accessing global markets. ERP systems could help increase SME efficiency and productivity if implemented successfully despite these challenges.
The document discusses entrepreneurship in India, noting there are ample small business opportunities but support is needed from the government and society. It outlines various government organizations that promote industries and entrepreneurship through training and funding. These include groups at the national, state, and local levels. The document also discusses industry associations that help entrepreneurs and steer policy, as well as development organizations that provide training and support for new businesses. It concludes that increasing entrepreneurship is key to fighting unemployment and poverty in India.
MSME - All you need to know about this sectorshubhadeep saha
here in the slide, I have presented all the necessary information regarding MSME i.e Micro, Small & Medium Enterprises. From the opportunities, challenges to the benefits of MSMED act, loan schemes, projects that the FMC has submitted till date are all presented. although I couldn't provide all the happenings in MSME this presentation can be named as MINI WIKI for MSME. in recent days msme has contributed a lot to the Indian economy and makes it stronger. also, the MSME sector provides huge employment that has surely lower down the tension of the govt. e6arao aro onek ki6u a6e, jeta apnara net ghatle bujhte parben, apatoto ja korar ata diei korun. porer ta pore dekha jbe
Micro Small and Medium Enterprise Funding - Opportunities and ChallengesResurgent India
What are MSMEs, Why are they Important, What is their role in the Economy and What are the Opportunities and Challenges related to Funding in the Sector? This Research Report from Resurgent India highlights the Opportunities and Challenges along with Suggestions for MSME Funding.
MSMEs role in driving the make in india initiativeSeilan Anbu
The document discusses the important role that Micro, Small, and Medium Enterprises (MSMEs) play in driving India's "Make in India" initiative, contributing approximately 45% of manufacturing output, 40% of exports, and employing over 36 million people. MSMEs promote balanced regional development, generate most non-farm jobs, and contribute to sustainable development. The government supports MSMEs through various programs and policies to strengthen the sector and help realize the growth opportunities it presents.
Micro, Small and Medium Enterprises, Key Government Schemes and Initiatives to support MSMEs, Current Financing Landscape for MSMEs, Issues and Challenges for MSMEs
The document discusses MSMEs (micro, small and medium enterprises) in India, including their importance, characteristics, barriers to growth, and strategies for growth. It notes that MSMEs employ over 60 million people and contribute significantly to India's GDP and exports. However, their share of industrial output, employment, and value of production has reduced since economic liberalization in the 1990s. The document outlines barriers to MSME growth such as access to financing and technology. It suggests strategies for organic growth like developing new products/markets/customers, and inorganic growth through mergers, acquisitions, and partnerships.
Growth of Micro, Small and Medium Enterprises in Manipurinventionjournals
Economic development and industrial development is considered as synonym and entrepreneurs play a major role in industrial development. Micro, Small and Medium Enterprises (MSMEs) extend to the necessary support and compliment to the beneficial effects of industrialization. Entrepreneurship is an important segment of economic growth and micro, small and medium enterprises play a key role in the industrialization of a state. It will also leads to economic development creating vast employment opportunities, redistribution of economic power and income, raising the standard of living for the people and also leads to reduction of regional imbalances, disparities in income, wealth and consumption etc. Manipur has got many areas of strength and opportunities that can raise the state into a developed state with the help of entrepreneurship and micro, small and medium enterprises are an important segment of the economy contributing substantially in the form of production, employment and exports. Numbers of registered industrial units fluctuates each year and this paper attempt to study the level of growth of these enterprises in the state. This paper also attempts to highlight the strength and weaknesses with the overview growth of micro, small and medium enterprises in Manipur.
Introduction to small & Medium Enterprises (SMEs)Abir Hossain
Introduction
Definition of SMEs: Bangladesh Perspective
Definition of SMEs: International Perspective
Definition of SMEs in some selected countries: India, Japan, Korea, Malaysia, Thailand, China and Vietnam
Contribution of SMEs in Bangladesh Economy
Contribution of SMEs: International Experience
Major constraints of SME around the globe.
Conclusion
The document discusses Micro, Small and Medium Enterprises (MSMEs) in India. It notes that MSMEs play a crucial role in the Indian economy by providing employment, promoting industrialization in rural areas, and contributing to socioeconomic development. MSMEs account for a significant portion of India's manufacturing output, exports, and employment. The Micro, Small and Medium Enterprises Development Act of 2006 aims to facilitate the promotion and development of MSMEs in India. MSMEs are classified based on investment levels, and registration provides various benefits.
Empowering MSMEs - Role of Banks & Financial Institutions, IT, Skill Developm...Resurgent India
MSMEs are nurseries for entrepreneurship, often driven by individual creativity and innovation, and make significant contribution to country’s GDP, manufacturing output, exports and employment generation. Moreover, MSMEs are imperative for achieving the national objective of growth with equity and inclusion.
The document discusses MSME registration and its benefits in India. Key points include:
1) MSMEs play a crucial role in employment generation and industrialization across India. The sector employs over 80 million people and contributes significantly to GDP, manufacturing output, and exports.
2) There are various benefits to registering as an MSME, including access to priority sector lending, collateral-free loans, and procurement quotas for government contracts.
3) The Ministry of MSME oversees various schemes to support the growth and development of MSMEs, such as credit guarantees, technology upgradation subsidies, and market development assistance.
This report provides a comprehensive review of wealth trends in India, including details on high-net-worth individuals, luxury spending, and asset allocation. Mumbai has the highest total wealth, followed by Delhi and Bangalore. Most high-net-worth individuals have degrees in business or engineering and work in diversified industries or manufacturing. The luxury sector is valued at $15 billion annually, with luxury hotels and brand stores being popular. Nearly half of Indian wealth is held offshore or in equities and real estate. The report concludes with risks to future growth like poverty and business difficulties.
The document discusses Small and Medium Enterprises (SMEs) in India. It provides definitions of SMEs according to the European Union and United States. It outlines the history of the Ministry of Micro, Small and Medium Enterprises in India. It also describes the classification of SMEs according to investment size and different types of SMEs in India including their roles and challenges.
Entrepreneurship development - Micro Small and Medium EnterprisesSOMASUNDARAM T
Meaning; Definition; Types; product range; capital investment; ownership patterns; Importance and role played in the development of the Indian economy; Problems and Remedies; Sickness in MSME’s; Meaning and definition of a sick industry; Causes of industrial sickness; Preventive and remedial measures for sick industries.
Performance analysis of msme with respect to indianDiPesh KaneRiya
- Small and medium enterprises play a vital role in the Indian economy by contributing nearly half of industrial output, exports, and employment. They produce over 8,000 products and create one million jobs annually.
- The document analyzes the performance of MSMEs in India with respect to their contribution to GDP and various industries. It also defines MSME classifications and discusses factors affecting their growth like lack of market knowledge, infrastructure, financing, and technology.
- Government efforts to promote MSMEs include industrial services, credit facilities, training, and incentives. Analysis shows constant high growth rates from 2007-2012 and increasing employment in the sector. In conclusion, MSMEs significantly contribute to the economy but lack of awareness among
Impact of Globalization on Small Scale Industries in (1)Russel Shaik
Globalization has negatively impacted small-scale industries in India. Before globalization, small industries were an important part of the Indian economy, contributing significantly to output, exports, and employment with low investment and high job creation. However, since market liberalization in 1991, small industries have struggled with increased competition and a decline in the number of units, production, and employment. While globalization opens new opportunities, small industries must improve technology to survive intensified competition in the global market.
This document discusses Micro, Small, and Medium Enterprises (MSMEs) in India. It defines MSMEs based on the number of employees and investment levels. In India, MSMEs are defined by investment levels in plant/machinery or equipment, with micro enterprises having less than 25 lakh investment, small between 25 lakh to 5 crore, and medium more than 5 crore to 10 crore. MSMEs make up 13 million units employing over 42 million people and contribute significantly to manufacturing, exports, and GDP. The government supports MSMEs through various schemes for credit, technology, marketing, exports, and cluster development.
The document discusses Micro, Small and Medium Enterprises (MSMEs) in India and the support provided by the Ministry of MSME and other organizations. It outlines the definition of MSMEs based on the 2006 and 2018 Acts, describes bodies that work with the Ministry like Khadi and Village Industries Commission, and covers topics like rural industrialization, types of village industries, and government support programs.
ppt on micro small and medium enterprisesShreya Sharma
This document provides an overview of micro, small, and medium enterprises (MSMEs) in India. Some key points:
1. MSMEs are the backbone of India's industrial development, contributing nearly 8% of GDP, 40% of manufacturing output, and 45% of exports. They also provide the largest share of employment after agriculture.
2. MSMEs can be classified as micro, small, or medium based on the number of employees and amount invested in plant and machinery. Micro enterprises have less than 10 employees and investments under Rs. 25 lakh. Small enterprises have less than 50 employees and investments under Rs. 5 crore.
3. MSMEs play an important role in
Role of msme in indian economic developmentKushal Kumar
This document discusses the role of micro, small, and medium enterprises (MSMEs) in India's economic development. Some key points:
1) MSMEs are a major source of employment in India, providing millions of jobs and playing an important role in reducing poverty.
2) They account for about 45% of manufacturing output and 40% of exports in India. MSMEs employ over 60 million people across more than 26 million units.
3) The number of MSMEs, production, employment, exports, and investments have all steadily increased over the past few decades, demonstrating their significant contributions to India's economic growth.
Micro, Small and Medium Enterprises (MSMEs) play a major role in economic development, particularly in emerging countries.
MSMEs :
Contributes to the economic growth,
Enormous potential for growth
Potential for employment and income generation
for vast masses of the country.
Government pronouncements about “Make in India” are fundamentally based on these convictions.
There is heightened attention by the international community on MSME sector.
This is primarily because of the critical importance of job creation in the recovery cycle following the recent financial crisis, and the MSME’s potentials in that respect.
In Indian economy, MSME sector contribute :
45 % of the manufacturing output.
40 % of the exports.
There are 467.56 lakh enterprises in the MSME sector.
Provide the largest share of the employment after agriculture. Employment opportunities to 10.62 crore people across the country.
The document discusses small-scale enterprises and project planning for small businesses. It defines small-scale enterprises as businesses with few employees and low sales volumes. The document then discusses defining characteristics of small enterprises in different countries. It also outlines the objectives and scope of small enterprises in India and opportunities in industrial, agricultural and service sectors. The document concludes by discussing procedures for registering a small business in India and methods for project planning, including preparing project reports and using the PERT/CPM network techniques.
As per PTU Syllabus: Entrepreneurship and Micro, Small and Medium Enterprises Small scale industry, product range, capital investment, ownership patterns -Importance and role played by SSI in the development of the Indian economy - Problems faced by SSI’s and the steps taken to solve the problems - Policies governing SSI’s.
The whole data are collected from a report of SME Development in Bangladesh By East West University Bangaladesh.Some of data is deducted for present my slide easily. If you need any kind of information about SME Development in Bangladesh please search on internet get the actual data......thank u very much......assalamuwalikum owa rohmatullahi oba-rakatuh.......allah hafez
Micro, small and medium enterprises (MSMEs) play a crucial role in the Indian economy. They contribute 30% of India's GDP and around 45% of manufacturing output, employing over 11 crore people. However, MSMEs face several challenges including lack of access to adequate and timely credit due to insufficient collateral, outdated technology, infrastructure issues, and marketing difficulties due to limited resources and competition from large firms. The government has implemented various policies to address these problems and strengthen MSMEs, which are vital to employment, production and exports in India.
The document defines micro, small, and medium enterprises in India based on investment levels in plant and machinery for manufacturing enterprises and equipment for service enterprises. Small-scale industries are important for increasing employment and economic development in India through urban and rural growth. They play a key role through employment generation, resource mobilization, equitable income distribution, and supporting large industries. However, small industries also face problems like poor capacity utilization, lack of financing, raw materials shortages, and more.
Growth of Micro, Small and Medium Enterprises in Manipurinventionjournals
Economic development and industrial development is considered as synonym and entrepreneurs play a major role in industrial development. Micro, Small and Medium Enterprises (MSMEs) extend to the necessary support and compliment to the beneficial effects of industrialization. Entrepreneurship is an important segment of economic growth and micro, small and medium enterprises play a key role in the industrialization of a state. It will also leads to economic development creating vast employment opportunities, redistribution of economic power and income, raising the standard of living for the people and also leads to reduction of regional imbalances, disparities in income, wealth and consumption etc. Manipur has got many areas of strength and opportunities that can raise the state into a developed state with the help of entrepreneurship and micro, small and medium enterprises are an important segment of the economy contributing substantially in the form of production, employment and exports. Numbers of registered industrial units fluctuates each year and this paper attempt to study the level of growth of these enterprises in the state. This paper also attempts to highlight the strength and weaknesses with the overview growth of micro, small and medium enterprises in Manipur.
Introduction to small & Medium Enterprises (SMEs)Abir Hossain
Introduction
Definition of SMEs: Bangladesh Perspective
Definition of SMEs: International Perspective
Definition of SMEs in some selected countries: India, Japan, Korea, Malaysia, Thailand, China and Vietnam
Contribution of SMEs in Bangladesh Economy
Contribution of SMEs: International Experience
Major constraints of SME around the globe.
Conclusion
The document discusses Micro, Small and Medium Enterprises (MSMEs) in India. It notes that MSMEs play a crucial role in the Indian economy by providing employment, promoting industrialization in rural areas, and contributing to socioeconomic development. MSMEs account for a significant portion of India's manufacturing output, exports, and employment. The Micro, Small and Medium Enterprises Development Act of 2006 aims to facilitate the promotion and development of MSMEs in India. MSMEs are classified based on investment levels, and registration provides various benefits.
Empowering MSMEs - Role of Banks & Financial Institutions, IT, Skill Developm...Resurgent India
MSMEs are nurseries for entrepreneurship, often driven by individual creativity and innovation, and make significant contribution to country’s GDP, manufacturing output, exports and employment generation. Moreover, MSMEs are imperative for achieving the national objective of growth with equity and inclusion.
The document discusses MSME registration and its benefits in India. Key points include:
1) MSMEs play a crucial role in employment generation and industrialization across India. The sector employs over 80 million people and contributes significantly to GDP, manufacturing output, and exports.
2) There are various benefits to registering as an MSME, including access to priority sector lending, collateral-free loans, and procurement quotas for government contracts.
3) The Ministry of MSME oversees various schemes to support the growth and development of MSMEs, such as credit guarantees, technology upgradation subsidies, and market development assistance.
This report provides a comprehensive review of wealth trends in India, including details on high-net-worth individuals, luxury spending, and asset allocation. Mumbai has the highest total wealth, followed by Delhi and Bangalore. Most high-net-worth individuals have degrees in business or engineering and work in diversified industries or manufacturing. The luxury sector is valued at $15 billion annually, with luxury hotels and brand stores being popular. Nearly half of Indian wealth is held offshore or in equities and real estate. The report concludes with risks to future growth like poverty and business difficulties.
The document discusses Small and Medium Enterprises (SMEs) in India. It provides definitions of SMEs according to the European Union and United States. It outlines the history of the Ministry of Micro, Small and Medium Enterprises in India. It also describes the classification of SMEs according to investment size and different types of SMEs in India including their roles and challenges.
Entrepreneurship development - Micro Small and Medium EnterprisesSOMASUNDARAM T
Meaning; Definition; Types; product range; capital investment; ownership patterns; Importance and role played in the development of the Indian economy; Problems and Remedies; Sickness in MSME’s; Meaning and definition of a sick industry; Causes of industrial sickness; Preventive and remedial measures for sick industries.
Performance analysis of msme with respect to indianDiPesh KaneRiya
- Small and medium enterprises play a vital role in the Indian economy by contributing nearly half of industrial output, exports, and employment. They produce over 8,000 products and create one million jobs annually.
- The document analyzes the performance of MSMEs in India with respect to their contribution to GDP and various industries. It also defines MSME classifications and discusses factors affecting their growth like lack of market knowledge, infrastructure, financing, and technology.
- Government efforts to promote MSMEs include industrial services, credit facilities, training, and incentives. Analysis shows constant high growth rates from 2007-2012 and increasing employment in the sector. In conclusion, MSMEs significantly contribute to the economy but lack of awareness among
Impact of Globalization on Small Scale Industries in (1)Russel Shaik
Globalization has negatively impacted small-scale industries in India. Before globalization, small industries were an important part of the Indian economy, contributing significantly to output, exports, and employment with low investment and high job creation. However, since market liberalization in 1991, small industries have struggled with increased competition and a decline in the number of units, production, and employment. While globalization opens new opportunities, small industries must improve technology to survive intensified competition in the global market.
This document discusses Micro, Small, and Medium Enterprises (MSMEs) in India. It defines MSMEs based on the number of employees and investment levels. In India, MSMEs are defined by investment levels in plant/machinery or equipment, with micro enterprises having less than 25 lakh investment, small between 25 lakh to 5 crore, and medium more than 5 crore to 10 crore. MSMEs make up 13 million units employing over 42 million people and contribute significantly to manufacturing, exports, and GDP. The government supports MSMEs through various schemes for credit, technology, marketing, exports, and cluster development.
The document discusses Micro, Small and Medium Enterprises (MSMEs) in India and the support provided by the Ministry of MSME and other organizations. It outlines the definition of MSMEs based on the 2006 and 2018 Acts, describes bodies that work with the Ministry like Khadi and Village Industries Commission, and covers topics like rural industrialization, types of village industries, and government support programs.
ppt on micro small and medium enterprisesShreya Sharma
This document provides an overview of micro, small, and medium enterprises (MSMEs) in India. Some key points:
1. MSMEs are the backbone of India's industrial development, contributing nearly 8% of GDP, 40% of manufacturing output, and 45% of exports. They also provide the largest share of employment after agriculture.
2. MSMEs can be classified as micro, small, or medium based on the number of employees and amount invested in plant and machinery. Micro enterprises have less than 10 employees and investments under Rs. 25 lakh. Small enterprises have less than 50 employees and investments under Rs. 5 crore.
3. MSMEs play an important role in
Role of msme in indian economic developmentKushal Kumar
This document discusses the role of micro, small, and medium enterprises (MSMEs) in India's economic development. Some key points:
1) MSMEs are a major source of employment in India, providing millions of jobs and playing an important role in reducing poverty.
2) They account for about 45% of manufacturing output and 40% of exports in India. MSMEs employ over 60 million people across more than 26 million units.
3) The number of MSMEs, production, employment, exports, and investments have all steadily increased over the past few decades, demonstrating their significant contributions to India's economic growth.
Micro, Small and Medium Enterprises (MSMEs) play a major role in economic development, particularly in emerging countries.
MSMEs :
Contributes to the economic growth,
Enormous potential for growth
Potential for employment and income generation
for vast masses of the country.
Government pronouncements about “Make in India” are fundamentally based on these convictions.
There is heightened attention by the international community on MSME sector.
This is primarily because of the critical importance of job creation in the recovery cycle following the recent financial crisis, and the MSME’s potentials in that respect.
In Indian economy, MSME sector contribute :
45 % of the manufacturing output.
40 % of the exports.
There are 467.56 lakh enterprises in the MSME sector.
Provide the largest share of the employment after agriculture. Employment opportunities to 10.62 crore people across the country.
The document discusses small-scale enterprises and project planning for small businesses. It defines small-scale enterprises as businesses with few employees and low sales volumes. The document then discusses defining characteristics of small enterprises in different countries. It also outlines the objectives and scope of small enterprises in India and opportunities in industrial, agricultural and service sectors. The document concludes by discussing procedures for registering a small business in India and methods for project planning, including preparing project reports and using the PERT/CPM network techniques.
As per PTU Syllabus: Entrepreneurship and Micro, Small and Medium Enterprises Small scale industry, product range, capital investment, ownership patterns -Importance and role played by SSI in the development of the Indian economy - Problems faced by SSI’s and the steps taken to solve the problems - Policies governing SSI’s.
The whole data are collected from a report of SME Development in Bangladesh By East West University Bangaladesh.Some of data is deducted for present my slide easily. If you need any kind of information about SME Development in Bangladesh please search on internet get the actual data......thank u very much......assalamuwalikum owa rohmatullahi oba-rakatuh.......allah hafez
Micro, small and medium enterprises (MSMEs) play a crucial role in the Indian economy. They contribute 30% of India's GDP and around 45% of manufacturing output, employing over 11 crore people. However, MSMEs face several challenges including lack of access to adequate and timely credit due to insufficient collateral, outdated technology, infrastructure issues, and marketing difficulties due to limited resources and competition from large firms. The government has implemented various policies to address these problems and strengthen MSMEs, which are vital to employment, production and exports in India.
The document defines micro, small, and medium enterprises in India based on investment levels in plant and machinery for manufacturing enterprises and equipment for service enterprises. Small-scale industries are important for increasing employment and economic development in India through urban and rural growth. They play a key role through employment generation, resource mobilization, equitable income distribution, and supporting large industries. However, small industries also face problems like poor capacity utilization, lack of financing, raw materials shortages, and more.
Explains how small sector is run in In India what is its role and how is it classified. How it contributes to national income and what are the challanges being faced by it
Role of sme’s in economic growth of india, SME ,MSMEVIJAY KAMBOJ
Small and medium enterprises (SMEs) are an important part of India's economy. They contribute significantly to manufacturing output, exports, employment generation, and economic growth. The MSME sector employs over 110 million people and India has over 63 million SMEs. SMEs face challenges accessing credit, infrastructure, technology, and markets. The government supports SMEs through organizations that provide financing, training, raw materials and help SMEs access domestic and international markets to realize their growth potential.
This document discusses small scale industries in India. It defines small scale industries as those with investments in plant and machinery up to Rs. 1 Crore that produce a variety of goods and services. Small scale industries play a vital role in India's economy by generating employment, utilizing local resources, and promoting balanced economic growth. They are an important sector from both financial and social perspectives. The document outlines the classification, objectives, examples, characteristics, and importance of small scale industries in India's development.
Presentation on small business industryKirti Gupta
Small-scale industries are an important part of the Indian economy, accounting for 40% of manufacturing value added and 80% of employment. They contribute 42% to exports. A small-scale industry is defined as one with plant and machinery investment of less than Rs. 1 crore. Small industries provide several benefits - they are labor intensive, mobilize resources, involve small risks, have short gestation periods, generate employment, help equitable income distribution and regional development. However, they also face problems related to finance, marketing, technology and raw materials. The government promotes small industries through organizations like public sector banks, NABARD, NSIC, SIDBI and schemes for rural/women entrepreneurship development.
entrepreneurship and small business management unit iiiPENDYSINGH
This document outlines the contents of four units related to entrepreneurship and small business management. Unit III discusses small-scale enterprises and the formalities for launching an enterprise. It defines small-scale industries and outlines the registration process, which requires obtaining necessary permits from pollution control boards. It also discusses preparing a project report, which is important for understanding project viability, and using project planning techniques like PERT and CPM.
Growth and Future Prospects of MSME in IndiaIJAEMSJORNAL
This document summarizes a research paper on the growth and future prospects of micro, small, and medium enterprises (MSMEs) in India. Some key points:
1) MSMEs play a vital role in the Indian economy, contributing about 45% of manufacturing output, 40% of exports, and creating employment for around 70 million people.
2) Over the past decades, the number of MSMEs, employment, investment, and output have grown significantly at compound annual growth rates of 11-18%.
3) However, MSMEs face challenges such as lack of access to finance, low productivity, and technology issues that have hindered faster growth.
4) The Indian government has
Micro, small and medium enterprises (MSMEs) are an important part of the Indian economy, contributing significantly to manufacturing output, exports, and employment. The MSMED Act of 2006 defines MSMEs based on investment levels in plant/machinery for manufacturing or services equipment. MSMEs play a key role in the Indian economy by generating large-scale employment, especially in rural areas, sustaining economic growth and increasing exports, and promoting inclusive growth by providing livelihoods. However, MSMEs face challenges related to access to finance, technology, skills, and markets. The government has introduced various initiatives to improve the competitiveness, access to credit, and overall business environment for MSMEs in India.
Small scale industry an introduction --indiaBinod Sinha
This document provides an introduction and overview of small scale industries (SSI) in India. It discusses how SSI makes up an important segment of the Indian economy. It defines micro, small, and medium enterprises based on their level of investment. It outlines the characteristics of small enterprises, including how they are locally focused, labor intensive, flexible, and help promote regional development. The document also discusses the advantages SSI provide like job creation and the rationale for their development in India like addressing unemployment.
Small scale industries play a key role in India's economic development and industrialization due to their ability to generate large scale employment, require lower investment, and have shorter gestation periods. They account for 54% of India's exports and are important for utilizing India's abundant labor supply. However, they face challenges from globalization and trade agreements that liberalize markets. The document goes on to define micro, small, and medium enterprises based on investment levels and classify them as either manufacturing or service. It discusses the advantages small businesses provide like decentralized development and flexibility, as well as some disadvantages like financial and branding challenges.
This document discusses micro, small and medium enterprises (MSMEs) in India. It provides definitions for small scale industries based on investment ceilings. MSMEs are vital for development as they generate employment, promote entrepreneurship and innovation. In India, MSMEs contribute 8% of GDP and provide 60 million jobs. They face problems around financing and policies aim to promote their growth. The government supports MSMEs through various programs and policies. Liberalization created opportunities but also challenges for the sector to become more competitive.
The Prospects and Problems of MSMEs sector in India an Analytical studyinventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
1. The document discusses the Micro, Small and Medium Enterprises (MSME) sector in India, including its definition, role, performance, government policies, and problems.
2. It notes that MSMEs contribute significantly to India's GDP, exports, manufacturing output, and employment. However, they also face problems like access to finance, technology, and markets.
3. The government has implemented various policies and programs to promote the MSME sector through improved access to credit, infrastructure, and skills training. However, challenges remain around access to new technologies and markets for MSMEs.
Small Scale Industries Scenario in GujaratRHIMRJ Journal
Small scale industries today constitutes a very important segment of the Indian economy the development of this
sector came about primarily due to the vision of our late Prime Minister Jawaharlal Nehru who sought to develop core
industry and have a supporting sector in the form of small scale enterprises. Small scale sector has emerged as a dynamic and
vibrant sector of the economy. The sector contribution to employment is next only to agriculture in India. It is therefore an
excellent sector of economy for investment. Already we have seen that how small scale industries are playing significant role in
the economy. As we discussed above the importance and institutional framework of India and Gujarat, government of India
and government of Gujarat is trying to be more supportive to this sector. In spite of these lots of attempts of government of
Gujarat and government of India this sector is not raising as accepted to other countries and economy. Now we knew that how
small scale industries is playing important role in economy. We have accepted its importance. Inspire of its importance, the
small scale sector is beset with the problems of finding facilities given by financial institutions, nationalized banks, private
banks, co-operative banks and public sector banks.
The document discusses problems facing small and medium enterprises (SMEs) in Pakistan. It notes that there is no official definition of SMEs, making it difficult to monitor their development. Major problems SMEs face include electricity shortages, high input costs, lack of access to financing, and poor government policies. Additionally, SMEs rely on outdated technology and lack technical skills. While SMEs contribute significantly to Pakistan's economy through job creation and exports, access to financing remains limited due to an incomplete legal/regulatory framework and non-SME friendly banking practices. Continued efforts are needed to promote SME lending through an enabling environment and tailored banking products.
Empowering MSMEs through financing and linkagesMisbah Hussain
This reports aims to help the MSME sector, especially in
east and north-eastern parts of the country, better
understand the challenges and devise strategies accordinglyto deal with the odds.
The document discusses small scale industries in India. It notes that small scale industries are a dynamic and vibrant sector of the Indian economy, holding the key to prosperity. The objectives of developing small enterprises include generating employment, eradicating unemployment, encouraging development in rural areas, and ensuring equitable distribution of wealth. Small industries contribute significantly to manufacturing, trading, and services. They have grown enormously over the past decades in number, production, employment, and exports. Small enterprises play a major role in India's economic development and exports through job creation, regional growth, and mobilizing local resources.
Impact of Globalization on MSME Prospects, Challenges and Policy Implementati...ijtsrd
Globalisation is bound to impact every economic activity -the small scale sector is no exception. Along with that World Trade Organisation W.T.O agreements and negotiations have thrown up a variety of challenges. The disturbing factor is that most of the small units are unaware of these agreements and negotiations and have no idea as to how they are going to affect them. With a view to build the capacity of the Indian micro, small and medium manufacturing enterprises for overcoming competition in the global markets and facing challenges being posed by the entry of the multi nationals in the domestic markets Government of India GoI has taken various policy measures. The current paper focuses on the contribution of MSMEs, prospects and problems for MSMEs in this highly competitive global era. Micro, Small and Medium Enterprises MSME sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. MSMEs not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural and backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of national income and wealth, the process of globalization is an inevitable phenomenon in human history which has been bringing the world closer since the time of early trader and exploration through the exchange of goods, products, information, jobs, knowledge and culture. S. Chandra Sekhar | N. Radha "Impact of Globalization on MSME: Prospects, Challenges and Policy Implementation on Economic Growth" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-6 , October 2019, URL: https://www.ijtsrd.com/papers/ijtsrd29168.pdf Paper URL: https://www.ijtsrd.com/management/business-administration/29168/impact-of-globalization-on-msme-prospects-challenges-and-policy-implementation-on-economic-growth/s-chandra-sekhar
Similar to Difficulties Small Business Face Due to Marekt Conditions (20)
‘Six Sigma Technique’ A Journey Through its Implementationijtsrd
The manufacturing industries all over the world are facing tough challenges for growth, development and sustainability in today’s competitive environment. They have to achieve apex position by adapting with the global competitive environment by delivering goods and services at low cost, prime quality and better price to increase wealth and consumer satisfaction. Cost Management ensures profit, growth and sustainability of the business with implementation of Continuous Improvement Technique like Six Sigma. This leads to optimize Business performance. The method drives for customer satisfaction, low variation, reduction in waste and cycle time resulting into a competitive advantage over other industries which did not implement it. The main objective of this paper ‘Six Sigma Technique A Journey Through Its Implementation’ is to conceptualize the effectiveness of Six Sigma Technique through the journey of its implementation. Aditi Sunilkumar Ghosalkar "‘Six Sigma Technique’: A Journey Through its Implementation" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64546.pdf Paper Url: https://www.ijtsrd.com/other-scientific-research-area/other/64546/‘six-sigma-technique’-a-journey-through-its-implementation/aditi-sunilkumar-ghosalkar
Edge Computing in Space Enhancing Data Processing and Communication for Space...ijtsrd
Edge computing, a paradigm that involves processing data closer to its source, has gained significant attention for its potential to revolutionize data processing and communication in space missions. With the increasing complexity and data volume generated by modern space missions, traditional centralized computing approaches face challenges related to latency, bandwidth, and security. Edge computing in space, involving on board processing and analysis of data, offers promising solutions to these challenges. This paper explores the concept of edge computing in space, its benefits, applications, and future prospects in enhancing space missions. Manish Verma "Edge Computing in Space: Enhancing Data Processing and Communication for Space Missions" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64541.pdf Paper Url: https://www.ijtsrd.com/computer-science/artificial-intelligence/64541/edge-computing-in-space-enhancing-data-processing-and-communication-for-space-missions/manish-verma
Dynamics of Communal Politics in 21st Century India Challenges and Prospectsijtsrd
Communal politics in India has evolved through centuries, weaving a complex tapestry shaped by historical legacies, colonial influences, and contemporary socio political transformations. This research comprehensively examines the dynamics of communal politics in 21st century India, emphasizing its historical roots, socio political dynamics, economic implications, challenges, and prospects for mitigation. The historical perspective unravels the intricate interplay of religious identities and power dynamics from ancient civilizations to the impact of colonial rule, providing insights into the evolution of communalism. The socio political dynamics section delves into the contemporary manifestations, exploring the roles of identity politics, socio economic disparities, and globalization. The economic implications section highlights how communal politics intersects with economic issues, perpetuating disparities and influencing resource allocation. Challenges posed by communal politics are scrutinized, revealing multifaceted issues ranging from social fragmentation to threats against democratic values. The prospects for mitigation present a multifaceted approach, incorporating policy interventions, community engagement, and educational initiatives. The paper conducts a comparative analysis with international examples, identifying common patterns such as identity politics and economic disparities. It also examines unique challenges, emphasizing Indias diverse religious landscape, historical legacy, and secular framework. Lessons for effective strategies are drawn from international experiences, offering insights into inclusive policies, interfaith dialogue, media regulation, and global cooperation. By scrutinizing historical epochs, contemporary dynamics, economic implications, and international comparisons, this research provides a comprehensive understanding of communal politics in India. The proposed strategies for mitigation underscore the importance of a holistic approach to foster social harmony, inclusivity, and democratic values. Rose Hossain "Dynamics of Communal Politics in 21st Century India: Challenges and Prospects" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64528.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/history/64528/dynamics-of-communal-politics-in-21st-century-india-challenges-and-prospects/rose-hossain
Assess Perspective and Knowledge of Healthcare Providers Towards Elehealth in...ijtsrd
Background and Objective Telehealth has become a well known tool for the delivery of health care in Saudi Arabia, and the perspective and knowledge of healthcare providers are influential in the implementation, adoption and advancement of the method. This systematic review was conducted to examine the current literature base regarding telehealth and the related healthcare professional perspective and knowledge in the Kingdom of Saudi Arabia. Materials and Methods This systematic review was conducted by searching 7 databases including, MEDLINE, CINHAL, Web of Science, Scopus, PubMed, PsycINFO, and ProQuest Central. Studies on healthcare practitioners telehealth knowledge and perspectives published in English in Saudi Arabia from 2000 to 2023 were included. Boland directed this comprehensive review. The researchers examined each connected study using the AXIS tool, which evaluates cross sectional systematic reviews. Narrative synthesis was used to summarise and convey the data. Results Out of 1840 search results, 10 studies were included. Positive outlook and limited knowledge among providers were seen across trials. Healthcare professionals like telehealth for its ability to improve quality, access, and delivery, save time and money, and be successful. Age, gender, occupation, and work experience also affect health workers knowledge. In Saudi Arabia, healthcare professionals face inadequate expert assistance, patient privacy, internet connection concerns, lack of training courses, lack of telehealth understanding, and high costs while performing telemedicine. Conclusions Healthcare practitioners telehealth perceptions and knowledge were examined in this systematic study. Its collection of concerned experts different personal attitudes and expertise would help enhance telehealths implementation in Saudi Arabia, develop its healthcare delivery alternative, and eliminate frequent problems. Badriah Mousa I Mulayhi | Dr. Jomin George | Judy Jenkins "Assess Perspective and Knowledge of Healthcare Providers Towards Elehealth in Saudi Arabia: A Systematic Review" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64535.pdf Paper Url: https://www.ijtsrd.com/medicine/other/64535/assess-perspective-and-knowledge-of-healthcare-providers-towards-elehealth-in-saudi-arabia-a-systematic-review/badriah-mousa-i-mulayhi
The Impact of Digital Media on the Decentralization of Power and the Erosion ...ijtsrd
The impact of digital media on the distribution of power and the weakening of traditional gatekeepers has gained considerable attention in recent years. The adoption of digital technologies and the internet has resulted in declining influence and power for traditional gatekeepers such as publishing houses and news organizations. Simultaneously, digital media has facilitated the emergence of new voices and players in the media industry. Digital medias impact on power decentralization and gatekeeper erosion is visible in several ways. One significant aspect is the democratization of information, which enables anyone with an internet connection to publish and share content globally, leading to citizen journalism and bypassing traditional gatekeepers. Another aspect is the disruption of conventional media industry business models, as traditional organizations struggle to adjust to the decrease in advertising revenue and the rise of digital platforms. Alternative business models, such as subscription models and crowdfunding, have become more prevalent, leading to the emergence of new players. Overall, the impact of digital media on the distribution of power and the weakening of traditional gatekeepers has brought about significant changes in the media landscape and the way information is shared. Further research is required to fully comprehend the implications of these changes and their impact on society. Dr. Kusum Lata "The Impact of Digital Media on the Decentralization of Power and the Erosion of Traditional Gatekeepers" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64544.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/political-science/64544/the-impact-of-digital-media-on-the-decentralization-of-power-and-the-erosion-of-traditional-gatekeepers/dr-kusum-lata
Online Voices, Offline Impact Ambedkars Ideals and Socio Political Inclusion ...ijtsrd
This research investigates the nexus between online discussions on Dr. B.R. Ambedkars ideals and their impact on social inclusion among college students in Gurugram, Haryana. Surveying 240 students from 12 government colleges, findings indicate that 65 actively engage in online discussions, with 80 demonstrating moderate to high awareness of Ambedkars ideals. Statistically significant correlations reveal that higher online engagement correlates with increased awareness p 0.05 and perceived social inclusion. Variations across colleges and a notable effect of college type on perceived social inclusion highlight the influence of contextual factors. Furthermore, the intersectional analysis underscores nuanced differences based on gender, caste, and socio economic status. Dr. Kusum Lata "Online Voices, Offline Impact: Ambedkar's Ideals and Socio-Political Inclusion - A Study of Gurugram District" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64543.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/political-science/64543/online-voices-offline-impact-ambedkars-ideals-and-sociopolitical-inclusion--a-study-of-gurugram-district/dr-kusum-lata
Problems and Challenges of Agro Entreprenurship A Studyijtsrd
Noting calls for contextualizing Agro entrepreneurs problems and challenges of the agro entrepreneurs and for greater attention to the Role of entrepreneurs in agro entrepreneurship research, we conduct a systematic literature review of extent research in agriculture entrepreneurship to overcome the study objectives of complications of agro entrepreneurs through various factors, Development of agriculture products is a key factor for the overall economic growth of agro entrepreneurs Agro Entrepreneurs produces firsthand large scale employment, utilizes the labor and natural resources, This research outlines the problems of Weather and Soil Erosions, Market price fluctuation, stimulates labor cost problems, reduces concentration of Price volatility, Dependency on Intermediaries, induces Limited Bargaining Power, and Storage and Transportation Costs. This paper mainly devoted to highlight Problems and challenges faced for the sustainable of Agro Entrepreneurs in India. Vinay Prasad B "Problems and Challenges of Agro Entreprenurship - A Study" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64540.pdf Paper Url: https://www.ijtsrd.com/other-scientific-research-area/other/64540/problems-and-challenges-of-agro-entreprenurship--a-study/vinay-prasad-b
Comparative Analysis of Total Corporate Disclosure of Selected IT Companies o...ijtsrd
Disclosure is a process through which a business enterprise communicates with external parties. A corporate disclosure is communication of financial and non financial information of the activities of a business enterprise to the interested entities. Corporate disclosure is done through publishing annual reports. So corporate disclosure through annual reports plays a vital role in the life of all the companies and provides valuable information to investors. The basic objectives of corporate disclosure is to give a true and fair view of companies to the parties related either directly or indirectly like owner, government, creditors, shareholders etc. in the companies act, provisions have been made about mandatory and voluntary disclosure. The IT sector in India is rapidly growing, the trend to invest in the IT sector is rising and employment opportunities in IT sectors are also increasing. Therefore the IT sector is expected to have fair, full and adequate disclosure of all information. Unfair and incomplete disclosure may adversely affect the entire economy. A research study on disclosure practices of IT companies could play an important role in this regard. Hence, the present research study has been done to study and review comparative analysis of total corporate disclosure of selected IT companies of India and to put forward overall findings and suggestions with a view to increase disclosure score of these companies. The researcher hopes that the present research study will be helpful to all selected Companies for improving level of corporate disclosure through annual reports as well as the government, creditors, investors, all business organizations and upcoming researcher for comparative analyses of level of corporate disclosure with special reference to selected IT companies. Dr. Vaibhavi D. Thaker "Comparative Analysis of Total Corporate Disclosure of Selected IT Companies of India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64539.pdf Paper Url: https://www.ijtsrd.com/other-scientific-research-area/other/64539/comparative-analysis-of-total-corporate-disclosure-of-selected-it-companies-of-india/dr-vaibhavi-d-thaker
The Impact of Educational Background and Professional Training on Human Right...ijtsrd
This study investigated the impact of educational background and professional training on human rights awareness among secondary school teachers in the Marathwada region of Maharashtra, India. The key findings reveal that higher levels of education, particularly a master’s degree, and fields of study related to education, humanities, or social sciences are associated with greater human rights awareness among teachers. Additionally, both pre service teacher training and in service professional development programs focused on human rights education significantly enhance teacher’s knowledge, skills, and competencies in promoting human rights principles in their classrooms. Baig Ameer Bee Mirza Abdul Aziz | Dr. Syed Azaz Ali Amjad Ali "The Impact of Educational Background and Professional Training on Human Rights Awareness among Secondary School Teachers" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64529.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/education/64529/the-impact-of-educational-background-and-professional-training-on-human-rights-awareness-among-secondary-school-teachers/baig-ameer-bee-mirza-abdul-aziz
A Study on the Effective Teaching Learning Process in English Curriculum at t...ijtsrd
“One Language sets you in a corridor for life. Two languages open every door along the way” Frank Smith English as a foreign language or as a second language has been ruling in India since the period of Lord Macaulay. But the question is how much we teach or learn English properly in our culture. Is there any scope to use English as a language rather than a subject How much we learn or teach English without any interference of mother language specially in the classroom teaching learning scenario in West Bengal By considering all these issues the researcher has attempted in this article to focus on the effective teaching learning process comparing to other traditional strategies in the field of English curriculum at the secondary level to investigate whether they fulfill the present teaching learning requirements or not by examining the validity of the present curriculum of English. The purpose of this study is to focus on the effectiveness of the systematic, scientific, sequential and logical transaction of the course between the teachers and the learners in the perspective of the 5Es programme that is engage, explore, explain, extend and evaluate. Sanchali Mondal | Santinath Sarkar "A Study on the Effective Teaching Learning Process in English Curriculum at the Secondary Level of West Bengal" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd62412.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/education/62412/a-study-on-the-effective-teaching-learning-process-in-english-curriculum-at-the-secondary-level-of-west-bengal/sanchali-mondal
The Role of Mentoring and Its Influence on the Effectiveness of the Teaching ...ijtsrd
This paper reports on a study which was conducted to investigate the role of mentoring and its influence on the effectiveness of the teaching of Physics in secondary schools in the South West Region of Cameroon. The study adopted the convergent parallel mixed methods design, focusing on respondents in secondary schools in the South West Region of Cameroon. Both quantitative and qualitative data were collected, analysed separately, and the results were compared to see if the findings confirm or disconfirm each other. The quantitative analysis found that majority of the respondents 72 of Physics teachers affirmed that they had more experienced colleagues as mentors to help build their confidence, improve their teaching, and help them improve their effectiveness and efficiency in guiding learners’ achievements. Only 28 of the respondents disagreed with these statements. With majority respondents 72 agreeing with the statements, it implies that in most secondary schools, experienced Physics teachers act as mentors to build teachers’ confidence in teaching and improving students’ learning. The interview qualitative data analysis summarized how secondary school Principals use meetings with mentors and mentees to promote mentorship in the school milieu. This has helped strengthen teachers’ classroom practices in secondary schools in the South West Region of Cameroon. With the results confirming each other, the study recommends that mentoring should focus on helping teachers employ social interactions and instructional practices feedback and clarity in teaching that have direct measurable impact on students’ learning achievements. Andrew Ngeim Sumba | Frederick Ebot Ashu | Peter Agborbechem Tambi "The Role of Mentoring and Its Influence on the Effectiveness of the Teaching of Physics in Secondary Schools in the South West Region of Cameroon" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64524.pdf Paper Url: https://www.ijtsrd.com/management/management-development/64524/the-role-of-mentoring-and-its-influence-on-the-effectiveness-of-the-teaching-of-physics-in-secondary-schools-in-the-south-west-region-of-cameroon/andrew-ngeim-sumba
Design Simulation and Hardware Construction of an Arduino Microcontroller Bas...ijtsrd
This study primarily focuses on the design of a high side buck converter using an Arduino microcontroller. The converter is specifically intended for use in DC DC applications, particularly in standalone solar PV systems where the PV output voltage exceeds the load or battery voltage. To evaluate the performance of the converter, simulation experiments are conducted using Proteus Software. These simulations provide insights into the input and output voltages, currents, powers, and efficiency under different state of charge SoC conditions of a 12V,70Ah rechargeable lead acid battery. Additionally, the hardware design of the converter is implemented, and practical data is collected through operation, monitoring, and recording. By comparing the simulation results with the practical results, the efficiency and performance of the designed converter are assessed. The findings indicate that while the buck converter is suitable for practical use in standalone PV systems, its efficiency is compromised due to a lower output current. Chan Myae Aung | Dr. Ei Mon "Design Simulation and Hardware Construction of an Arduino-Microcontroller Based DC-DC High-Side Buck Converter for Standalone PV System" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64518.pdf Paper Url: https://www.ijtsrd.com/engineering/mechanical-engineering/64518/design-simulation-and-hardware-construction-of-an-arduinomicrocontroller-based-dcdc-highside-buck-converter-for-standalone-pv-system/chan-myae-aung
Sustainable Energy by Paul A. Adekunte | Matthew N. O. Sadiku | Janet O. Sadikuijtsrd
Energy becomes sustainable if it meets the needs of the present without compromising the ability of future generations to meet their own needs. Some of the definitions of sustainable energy include the considerations of environmental aspects such as greenhouse gas emissions, social, and economic aspects such as energy poverty. Generally far more sustainable than fossil fuel are renewable energy sources such as wind, hydroelectric power, solar, and geothermal energy sources. Worthy of note is that some renewable energy projects, like the clearing of forests to produce biofuels, can cause severe environmental damage. The sustainability of nuclear power which is a low carbon source is highly debated because of concerns about radioactive waste, nuclear proliferation, and accidents. The switching from coal to natural gas has environmental benefits, including a lower climate impact, but could lead to delay in switching to more sustainable options. “Carbon capture and storage” can be built into power plants to remove the carbon dioxide CO2 emissions, but this technology is expensive and has rarely been implemented. Leading non renewable energy sources around the world is fossil fuels, coal, petroleum, and natural gas. Nuclear energy is usually considered another non renewable energy source, although nuclear energy itself is a renewable energy source, but the material used in nuclear power plants is not. The paper addresses the issue of sustainable energy, its attendant benefits to the future generation, and humanity in general. Paul A. Adekunte | Matthew N. O. Sadiku | Janet O. Sadiku "Sustainable Energy" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64534.pdf Paper Url: https://www.ijtsrd.com/engineering/electrical-engineering/64534/sustainable-energy/paul-a-adekunte
Concepts for Sudan Survey Act Implementations Executive Regulations and Stand...ijtsrd
This paper aims to outline the executive regulations, survey standards, and specifications required for the implementation of the Sudan Survey Act, and for regulating and organizing all surveying work activities in Sudan. The act has been discussed for more than 5 years. The Land Survey Act was initiated by the Sudan Survey Authority and all official legislations were headed by the Sudan Ministry of Justice till it was issued in 2022. The paper presents conceptual guidelines to be used for the Survey Act implementation and to regulate the survey work practice, standardizing the field surveys, processing, quality control, procedures, and the processes related to survey work carried out by the stakeholders and relevant authorities in Sudan. The conceptual guidelines are meant to improve the quality and harmonization of geospatial data and to aid decision making processes as well as geospatial information systems. The established comprehensive executive regulations will govern and regulate the implementation of the Sudan Survey Geomatics Act in all surveying and mapping practices undertaken by the Sudan Survey Authority SSA and state local survey departments for public or private sector organizations. The targeted standards and specifications include the reference frame, projection, coordinate systems, and the guidelines and specifications that must be followed in the field of survey work, processes, and mapping products. In the last few decades, there has been a growing awareness of the importance of geomatics activities and measurements on the Earths surface in space and time, together with observing and mapping the changes. In such cases, data must be captured promptly, standardized, and obtained with more accuracy and specified in much detail. The paper will also highlight the current situation in Sudan, the degree to which survey standards are used, the problems encountered, and the errors that arise from not using the standards and survey specifications. Kamal A. A. Sami "Concepts for Sudan Survey Act Implementations - Executive Regulations and Standards" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63484.pdf Paper Url: https://www.ijtsrd.com/engineering/civil-engineering/63484/concepts-for-sudan-survey-act-implementations--executive-regulations-and-standards/kamal-a-a-sami
Towards the Implementation of the Sudan Interpolated Geoid Model Khartoum Sta...ijtsrd
The discussions between ellipsoid and geoid have invoked many researchers during the recent decades, especially during the GNSS technology era, which had witnessed a great deal of development but still geoid undulation requires more investigations. To figure out a solution for Sudans local geoid, this research has tried to intake the possibility of determining the geoid model by following two approaches, gravimetric and geometrical geoid model determination, by making use of GNSS leveling benchmarks at Khartoum state. The Benchmarks are well distributed in the study area, in which, the horizontal coordinates and the height above the ellipsoid have been observed by GNSS while orthometric heights were carried out using precise leveling. The Global Geopotential Model GGM represented in EGM2008 has been exploited to figure out the geoid undulation at the benchmarks in the study area. This is followed by a fitting process, that has been done to suit the geoid undulation data which has been computed using GNSS leveling data and geoid undulation inspired by the EGM2008. Two geoid surfaces were created after the fitting process to ensure that they are identical and both of them could be counted for getting the same geoid undulation with an acceptable accuracy. In this respect, statistical operation played an important role in ensuring the consistency and integrity of the model by applying cross validation techniques splitting the data into training and testing datasets for building the geoid model and testing its eligibility. The geometrical solution for geoid undulation computation has been utilized by applying straightforward equations that facilitate the calculation of the geoid undulation directly through applying statistical techniques for the GNSS leveling data of the study area to get the common equation parameters values that could be utilized to calculate geoid undulation of any position in the study area within the claimed accuracy. Both systems were checked and proved eligible to be used within the study area with acceptable accuracy which may contribute to solving the geoid undulation problem in the Khartoum area, and be further generalized to determine the geoid model over the entire country, and this could be considered in the future, for regional and continental geoid model. Ahmed M. A. Mohammed. | Kamal A. A. Sami "Towards the Implementation of the Sudan Interpolated Geoid Model (Khartoum State Case Study)" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63483.pdf Paper Url: https://www.ijtsrd.com/engineering/civil-engineering/63483/towards-the-implementation-of-the-sudan-interpolated-geoid-model-khartoum-state-case-study/ahmed-m-a-mohammed
Activating Geospatial Information for Sudans Sustainable Investment Mapijtsrd
Sudan is witnessing an acceleration in the processes of development and transformation in the performance of government institutions to raise the productivity and investment efficiency of the government sector. The development plans and investment opportunities have focused on achieving national goals in various sectors. This paper aims to illuminate the path to the future and provide geospatial data and information to develop the investment climate and environment for all sized businesses, and to bridge the development gap between the Sudan states. The Sudan Survey Authority SSA is the main advisor to the Sudan Government in conducting surveying, mappings, designing, and developing systems related to geospatial data and information. In recent years, SSA made a strategic partnership with the Ministry of Investment to activate Geospatial Information for Sudans Sustainable Investment and in particular, for the preparation and implementation of the Sudan investment map, based on the directives and objectives of the Ministry of Investment MI in Sudan. This paper comes within the framework of activating the efforts of the Ministry of Investment to develop technical investment services by applying techniques adopted by the Ministry and its strategic partners for advancing investment processes in the country. Kamal A. A. Sami "Activating Geospatial Information for Sudan's Sustainable Investment Map" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63482.pdf Paper Url: https://www.ijtsrd.com/engineering/information-technology/63482/activating-geospatial-information-for-sudans-sustainable-investment-map/kamal-a-a-sami
Educational Unity Embracing Diversity for a Stronger Societyijtsrd
In a rapidly changing global landscape, the importance of education as a unifying force cannot be overstated. This paper explores the crucial role of educational unity in fostering a stronger and more inclusive society through the embrace of diversity. By examining the benefits of diverse learning environments, the paper aims to highlight the positive impact on societal strength. The discussion encompasses various dimensions, from curriculum design to classroom dynamics, and emphasizes the need for educational institutions to become catalysts for unity in diversity. It highlights the need for a paradigm shift in educational policies, curricula, and pedagogical approaches to ensure that they are reflective of the diverse fabric of society. This paper also addresses the challenges associated with implementing inclusive educational practices and offers practical strategies for overcoming barriers. It advocates for collaborative efforts between educational institutions, policymakers, and communities to create a supportive ecosystem that promotes diversity and unity. Mr. Amit Adhikari | Madhumita Teli | Gopal Adhikari "Educational Unity: Embracing Diversity for a Stronger Society" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64525.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/education/64525/educational-unity-embracing-diversity-for-a-stronger-society/mr-amit-adhikari
Integration of Indian Indigenous Knowledge System in Management Prospects and...ijtsrd
The diversity of indigenous knowledge systems in India is vast and can vary significantly between different communities and regions. Preserving and respecting these knowledge systems is crucial for maintaining cultural heritage, promoting sustainable practices, and fostering cross cultural understanding. In this paper, an overview of the prospects and challenges associated with incorporating Indian indigenous knowledge into management is explored. It is found that IIKS helps in management in many areas like sustainable development, tourism, food security, natural resource management, cultural preservation and innovation, etc. However, IIKS integration with management faces some challenges in the form of a lack of documentation, cultural sensitivity, language barriers legal framework, etc. Savita Lathwal "Integration of Indian Indigenous Knowledge System in Management: Prospects and Challenges" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63500.pdf Paper Url: https://www.ijtsrd.com/management/accounting-and-finance/63500/integration-of-indian-indigenous-knowledge-system-in-management-prospects-and-challenges/savita-lathwal
DeepMask Transforming Face Mask Identification for Better Pandemic Control in...ijtsrd
The COVID 19 pandemic has highlighted the crucial need of preventive measures, with widespread use of face masks being a key method for slowing the viruss spread. This research investigates face mask identification using deep learning as a technological solution to be reducing the risk of coronavirus transmission. The proposed method uses state of the art convolutional neural networks CNNs and transfer learning to automatically recognize persons who are not wearing masks in a variety of circumstances. We discuss how this strategy improves public health and safety by providing an efficient manner of enforcing mask wearing standards. The report also discusses the obstacles, ethical concerns, and prospective applications of face mask detection systems in the ongoing fight against the pandemic. Dilip Kumar Sharma | Aaditya Yadav "DeepMask: Transforming Face Mask Identification for Better Pandemic Control in the COVID-19 Era" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64522.pdf Paper Url: https://www.ijtsrd.com/engineering/electronics-and-communication-engineering/64522/deepmask-transforming-face-mask-identification-for-better-pandemic-control-in-the-covid19-era/dilip-kumar-sharma
Streamlining Data Collection eCRF Design and Machine Learningijtsrd
Efficient and accurate data collection is paramount in clinical trials, and the design of Electronic Case Report Forms eCRFs plays a pivotal role in streamlining this process. This paper explores the integration of machine learning techniques in the design and implementation of eCRFs to enhance data collection efficiency. We delve into the synergies between eCRF design principles and machine learning algorithms, aiming to optimize data quality, reduce errors, and expedite the overall data collection process. The application of machine learning in eCRF design brings forth innovative approaches to data validation, anomaly detection, and real time adaptability. This paper discusses the benefits, challenges, and future prospects of leveraging machine learning in eCRF design for streamlined and advanced data collection in clinical trials. Dhanalakshmi D | Vijaya Lakshmi Kannareddy "Streamlining Data Collection: eCRF Design and Machine Learning" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63515.pdf Paper Url: https://www.ijtsrd.com/biological-science/biotechnology/63515/streamlining-data-collection-ecrf-design-and-machine-learning/dhanalakshmi-d
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...PECB
Denis is a dynamic and results-driven Chief Information Officer (CIO) with a distinguished career spanning information systems analysis and technical project management. With a proven track record of spearheading the design and delivery of cutting-edge Information Management solutions, he has consistently elevated business operations, streamlined reporting functions, and maximized process efficiency.
Certified as an ISO/IEC 27001: Information Security Management Systems (ISMS) Lead Implementer, Data Protection Officer, and Cyber Risks Analyst, Denis brings a heightened focus on data security, privacy, and cyber resilience to every endeavor.
His expertise extends across a diverse spectrum of reporting, database, and web development applications, underpinned by an exceptional grasp of data storage and virtualization technologies. His proficiency in application testing, database administration, and data cleansing ensures seamless execution of complex projects.
What sets Denis apart is his comprehensive understanding of Business and Systems Analysis technologies, honed through involvement in all phases of the Software Development Lifecycle (SDLC). From meticulous requirements gathering to precise analysis, innovative design, rigorous development, thorough testing, and successful implementation, he has consistently delivered exceptional results.
Throughout his career, he has taken on multifaceted roles, from leading technical project management teams to owning solutions that drive operational excellence. His conscientious and proactive approach is unwavering, whether he is working independently or collaboratively within a team. His ability to connect with colleagues on a personal level underscores his commitment to fostering a harmonious and productive workplace environment.
Date: May 29, 2024
Tags: Information Security, ISO/IEC 27001, ISO/IEC 42001, Artificial Intelligence, GDPR
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How to Setup Warehouse & Location in Odoo 17 InventoryCeline George
In this slide, we'll explore how to set up warehouses and locations in Odoo 17 Inventory. This will help us manage our stock effectively, track inventory levels, and streamline warehouse operations.
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A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.
How to Add Chatter in the odoo 17 ERP ModuleCeline George
In Odoo, the chatter is like a chat tool that helps you work together on records. You can leave notes and track things, making it easier to talk with your team and partners. Inside chatter, all communication history, activity, and changes will be displayed.
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UPRAHUL
This Dissertation explores the particular circumstances of Mirzapur, a region located in the
core of India. Mirzapur, with its varied terrains and abundant biodiversity, offers an optimal
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advanced technologies such as GIS (Geographic Information Systems) and Remote sensing to
analyze the transformations that have taken place over the course of a decade.
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of extensive research and worry. As the global community grapples with swift urbanization,
population expansion, and economic progress, the effects on natural ecosystems are becoming
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significant role in maintaining the ecological equilibrium of our planet.Land serves as the foundation for all human activities and provides the necessary materials for
these activities. As the most crucial natural resource, its utilization by humans results in different
'Land uses,' which are determined by both human activities and the physical characteristics of the
land.
The utilization of land is impacted by human needs and environmental factors. In countries
like India, rapid population growth and the emphasis on extensive resource exploitation can lead
to significant land degradation, adversely affecting the region's land cover.
Therefore, human intervention has significantly influenced land use patterns over many
centuries, evolving its structure over time and space. In the present era, these changes have
accelerated due to factors such as agriculture and urbanization. Information regarding land use and
cover is essential for various planning and management tasks related to the Earth's surface,
providing crucial environmental data for scientific, resource management, policy purposes, and
diverse human activities.
Accurate understanding of land use and cover is imperative for the development planning
of any area. Consequently, a wide range of professionals, including earth system scientists, land
and water managers, and urban planners, are interested in obtaining data on land use and cover
changes, conversion trends, and other related patterns. The spatial dimensions of land use and
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these patterns indicate shifts in economic and social conditions. Monitoring such changes with the
help of Advanced technologies like Remote Sensing and Geographic Information Systems is
crucial for coordinated efforts across different administrative levels. Advanced technologies like
Remote Sensing and Geographic Information Systems
9
Changes in vegetation cover refer to variations in the distribution, composition, and overall
structure of plant communities across different temporal and spatial scales. These changes can
occur natural.
How to Fix the Import Error in the Odoo 17Celine George
An import error occurs when a program fails to import a module or library, disrupting its execution. In languages like Python, this issue arises when the specified module cannot be found or accessed, hindering the program's functionality. Resolving import errors is crucial for maintaining smooth software operation and uninterrupted development processes.
The simplified electron and muon model, Oscillating Spacetime: The Foundation...RitikBhardwaj56
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In Odoo, making a field required can be done through both Python code and XML views. When you set the required attribute to True in Python code, it makes the field required across all views where it's used. Conversely, when you set the required attribute in XML views, it makes the field required only in the context of that particular view.
Difficulties Small Business Face Due to Marekt Conditions
1. @ IJTSRD | Available Online @ www.ijtsrd.com
ISSN No: 2456
International
Research
Difficulties Small Business Face Due to Marekt Conditions
B.B.A.,
ABSTRACT
Micro, Small and Medium Enterprise (MSME) sector
has emerged as a highly vibrant and dynamic sector of
the Indian economy over the last five decades.
MSMEs not only play crucial role in providing large
employment opportunities at comparatively lower
capital cost than large industries but also help in
industrialization of rural & backward areas, thereby,
reducing regional imbalances, assuring more equitable
distribution of national income and wealth. MSMEs
are complementary to large industries as ancillary
units and this sector contributes enormously to the
socio-economic development of the country. The
researcher has tried to find out the possible difficulties
that small enterprises face in the market. The reasons
behind the failure of maximum small enterpri
Indian market. The market policies which effect such
businesses and also the steps taken by the government
to relief the small market enterprises. Some of the
important policies have been discussed in the paper
introduced by the government or which
The researcher has tried to give solutions to solve
such problems incurred by the SME’s. The researcher
has tried to find the existing governmental policies
which will ease in doing business and also provide
suggestions to solve the problems being faced by such
business organisations.
INTRODUCTION
Definitions of Micro, Small & Medium
Enterprises: In accordance with the provision of
Micro, Small and Medium Enterprises Development
(MSMED) Act, 2006 the Micro, Small & Medium
Enterprises (MSME) are classified in two classes:
1- Manufacturing Enterprises- The enterprises
engaged in the manufacture or production of
goods pertaining to any industry specified in the
Available Online @ www.ijtsrd.com | Volume – 2 | Issue – 5 | Jul-Aug
ISSN No: 2456 - 6470 | www.ijtsrd.com | Volume
International Journal of Trend in Scientific
Research and Development (IJTSRD)
International Open Access Journal
Difficulties Small Business Face Due to Marekt Conditions
Arihant Agrawal
L.L.B. (Hons), Indore Institute of Law,
Indore, Madhya Pradesh, India
Micro, Small and Medium Enterprise (MSME) sector
has emerged as a highly vibrant and dynamic sector of
the Indian economy over the last five decades.
MSMEs not only play crucial role in providing large
employment opportunities at comparatively lower
l cost than large industries but also help in
industrialization of rural & backward areas, thereby,
reducing regional imbalances, assuring more equitable
distribution of national income and wealth. MSMEs
are complementary to large industries as ancillary
nits and this sector contributes enormously to the
economic development of the country. The
researcher has tried to find out the possible difficulties
that small enterprises face in the market. The reasons
behind the failure of maximum small enterprises in
Indian market. The market policies which effect such
businesses and also the steps taken by the government
to relief the small market enterprises. Some of the
important policies have been discussed in the paper
introduced by the government or which already exists.
The researcher has tried to give solutions to solve
such problems incurred by the SME’s. The researcher
has tried to find the existing governmental policies
which will ease in doing business and also provide
s being faced by such
Definitions of Micro, Small & Medium
In accordance with the provision of
Micro, Small and Medium Enterprises Development
(MSMED) Act, 2006 the Micro, Small & Medium
Enterprises (MSME) are classified in two classes:
The enterprises
engaged in the manufacture or production of
goods pertaining to any industry specified in the
first schedule to the industries (Development and
regulation) Act, 1951) or employing plant and
machinery in the process of value add
final product having a distinct name or character
or use. The Manufacturing Enterprise are defined
in terms of investment in Plant & Machinery.
2- Service Enterprise- The enterprises engaged in
providing or rendering of services and are defined
in terms of investment in equipment.
Manufacturing Sector
Enterprises Investment in plant &
machinery
Micro Enterprises Does not exceed twenty
lakh rupees
Small Enterprises More than
rupees but does not exceed
five crore rupees
Medium Enterprises More than five crore rupees
but does not exceed ten crore
rupees
Service Sector
Enterprises Investment in
Equip
Micro Enterprises Does not exceed ten lakh
rupees
Small Enterprises More than ten lakh
rupees but does not
exceed two crore rupees
Medium Enterprises More than two crore
rupees but does not
exceed five crore rupees
1
http://dcmsme.gov.in/ssiindia/defination_msme.htm
2018 Page: 994
6470 | www.ijtsrd.com | Volume - 2 | Issue – 5
Scientific
(IJTSRD)
International Open Access Journal
Difficulties Small Business Face Due to Marekt Conditions
first schedule to the industries (Development and
regulation) Act, 1951) or employing plant and
machinery in the process of value addition to the
final product having a distinct name or character
or use. The Manufacturing Enterprise are defined
in terms of investment in Plant & Machinery.
The enterprises engaged in
providing or rendering of services and are defined
n terms of investment in equipment. 1
Manufacturing Sector
Investment in plant &
machinery
Does not exceed twenty-five
lakh rupees
More than twenty-five lakh
rupees but does not exceed
five crore rupees
More than five crore rupees
but does not exceed ten crore
rupees
Service Sector
Investment in
Equipment
Does not exceed ten lakh
rupees
More than ten lakh
rupees but does not
exceed two crore rupees
More than two crore
rupees but does not
exceed five crore rupees
http://dcmsme.gov.in/ssiindia/defination_msme.htm
2. International Journal of Trend in Scientific Research and Development (IJTSRD) ISSN: 2456-6470
@ IJTSRD | Available Online @ www.ijtsrd.com | Volume – 2 | Issue – 5 | Jul-Aug 2018 Page: 995
Only in India the categorisation of different industries
into Micro, Small, Medium and Large is done on the
basis of the capital (excluding investments in land and
building) thrown into the business where as in Europe
region and rest of the world the categorisation is done
on the basis of human input implied or the number of
employees employed in that particular organisation
with shareholder funds and sale of products. For
example- if less than 50 employees work in an
organisation then the organisation is kept under micro
level organisation or micro level business enterprise.
Micro, Small and Medium Enterprises (MSME)
sector has emerged as a highly vibrant and dynamic
sector of the Indian economy over the last five
decades. MSMEs not only play crucial role in
providing large employment opportunities at
comparatively lower capital cost than large industries
but also help in industrialization of rural & backward
areas, thereby, reducing regional imbalances, assuring
more equitable distribution of national income and
wealth. MSMEs are complementary to large
industries as ancillary units and this sector contributes
enormously to the socio-economic development of the
country.
The Sector consisting of 36 million units, as of today,
provides employment to over 80 million persons. The
Sector through more than 6,000 products contributes
about 8% to GDP besides 45% to the total
manufacturing output and 40% to the exports from the
country. The MSME sector has the potential to spread
industrial growth across the country and can be a
major partner in the process of inclusive growth.
Flourishing amidst a challenging environment, the
Small and Medium Enterprises (SMEs) of India
experienced several highs and lows in the past few
years. With the Indian economy expected to emerge
as one of the leading economies in the world and
likely to become $5 trillion economy by 2025, major
impetus is being given to strengthen the backbone of
our economy- the SME sector. Comprehending the
significance of the SME sector vis-à-vis lending
numbers to the job market, contribution to GDP and
fostering entrepreneurship and innovation.2
2
https://economictimes.indiatimes.com/small-biz/sme-
sector/indian-sme-trends-the-year-gone-by-and-
2017/articleshow/56254240.cms
Small Scale Industries do not enjoy much of the
advantages enjoyed by large scale enterprises because
of their nature and size.3
They do not enjoy their
giving’s to the economy in return as they are not able
to realise their full potential despite significant
contribution to the Indian Economy. Many of the
Small-Scale Industries are sick and face many
problems in functioning.
Various Problems faced by SME’s are-
1- Financial problems
The most important thing required for a business is its
capital and financing issues are the primary problems
faced by every industry or business irrespective of its
size! Many small -scale industries face the problem of
scarcity of funds. They are not able to access the
domestic capital market to raise resources. They are
also not able to tap foreign markets by issuing ADR’s
(American Depository Receipts) GDR’s (Global
Depository Receipts) etc because of their small capital
base. Banks and financial institutions require various
procedures and formalities to be completed. Even
after a long delay, the funds allocated are inadequate.
Bank credit to small scale sector has always been an
issue. Small Scale Industries are not able to get funds
immediately for their needs. They have to depend on
private money lenders who charge high interest.
Finance, as a whole, both long and short term,
accounts for as large as 43% of the sector’s sickness.
4
Some major problems that approximately 80%
MSME Entrepreneurs face on a day-to-day basis
while trying to obtain credit assistance for their
business operations:
i. Complex collaterals required to obtain term
loans
ii. High transaction costs in imports/exports
iii. Private Equity Funding is difficult to obtain
iv. Banks offer high rates for term loans
v. Private equity (PE) dilutes control in the
company
vi. Cumbersome procedures and delay in fund
disbursement
2- Problems related to Raw materials-
SME’s generally depend on local sources of raw
material. They have to purchase raw material in small
quantities and often on credit. Apparently, they cannot
3
https://accountlearning.com/what-are-the-problems-faced-by-
small-scale-industries-in-india/
4
http://www.ijstm.com/images/short_pdf/1457509568_729H.pdf
3. International Journal of Trend in Scientific Research and Development (IJTSRD) ISSN: 2456-6470
@ IJTSRD | Available Online @ www.ijtsrd.com | Volume – 2 | Issue – 5 | Jul-Aug 2018 Page: 996
compete with large-scale industries in the
procurement of raw material. In many cases the raw
material is an imported item. Quite often, small
industries have to pay a higher price for inputs and
suffer uncertainty in their procurement. Non-
availability of quality raw materials like dyes and yarn
(especially for handlooms and power looms ), vital
inputs like power (for power looms, handicrafts, other
industrial SMEs) and proper packaging facilities
continue to be major bottlenecks. Lack of credit
combined with inadequate raw material often pushes
weavers, artisans, entrepreneurs into the clutches of
loan sharks and middlemen. Though the National
Small Industries Corporation are providing some raw
materials, their efforts are not in consonance with the
requirements. The capacity of SMEs to buy raw
materials is limited and at times when the material is
needed, it is not readily available. Considering their
financial constraints and the need for minimizing their
inventory costs, SMEs are forced to buy small
amounts of needed raw-materials as and when the
actual need arises. Their capacity to withstand the
consequences of fluctuations in the prices of raw
materials is also low.
3- Marketing related issues-
Small Scale Industries lack market knowledge with
regard to competitors, consumer preferences, market
trends. Since their production volume is small and
cannot meet demand for large quantities their market
is very restricted. Now with the process of
liberalization and globalization they are facing
competition from local industries as well as foreign
competitors who sell better quality products at lower
prices. 5
The need for enterprises to increase market
coverage, improve operational efficiencies and
enhance customer engagement is imperative.
However, this requires readiness on two accounts –
the company and government regulation and policies
including SME special programs, initiatives and
funds.
4- Technological Constraints-
Small scale entrepreneurs are not fully exposed to the
latest technology. 6
Moreover, they lack requisite
resources to update or modernise their plant and
machinery Due to obsolete methods of production,
they are confronted with the problems of less
production in inferior quality and that too at higher
5
Supra 5
6
http://www.yourarticlelibrary.com/industries/10-major-
problems-faced-by-the-small-scale-industries-of-india/23457
cost. They are in no position to compete with their
better equipped rivals operating modem large scale
units. MSMEs have a unique problem to solve – while
they are required to adhere to global standards and
ensure compliance to regulations, they mostly have
limited understanding (and budgets) for technology.
MSMEs expect the Government to take necessary
steps to provide modern technology at cheaper and
subsidized cost, enable ecosystem to facilitate
technology transfer, create a platform for technology
providers and technology seekers.
5- Multiplicity of Labour laws-
One of the merits of Small Scale Industries are that
they are labour intensive and can provide employment
to a large number of people. But the multiplicity of
labour laws, need to maintain several records (PF,
ESI, Muster Rolls etc), fines and penalties for minor
violations etc place Small Scale Industries at a great
disadvantage. Labour laws provisions such as
standardized wages, social security, and job safety
ensure that the workforce is protected and delivers its
highest output. The MSMEs require government-led
initiatives and schemes for competency and skill
development to ensure SMEs don’t have under-skilled
workers.
6- Lack of Skilled Human Resource-
Non-availability of skilled workforce and better
managerial/entrepreneurial expertise at affordable cost
near the location of enterprises is another such big
challenge for the MSMEs in our country. Lack of
managerial competence, absence of proper training on
resource planning and capital management etc.
hinders the growth of enterprises.
7- Globalisation –
Due to liberalisation and opening up of the economy,
SMEs are facing stiff competition from imports and
need technological upgradation to produce better
quality products at cheap rates. Many segments of
SMEs especially the traditional sectors, find it
difficult to compete against aggressive marketing by
the big domestic and multinational players. Street
vendors, petty traders, handloom and power loom
weavers, home based food processing units, Khadi
institutions, Zari workers and rural artisans, many of
whom have even lost livelihoods and places of work
due to developmental works, are the worst affected.
There is a need to evolve a constructive response to
this situation.
4. International Journal of Trend in Scientific Research and Development (IJTSRD) ISSN: 2456-6470
@ IJTSRD | Available Online @ www.ijtsrd.com | Volume – 2 | Issue – 5 | Jul-Aug 2018 Page: 997
8- Infrastructure-
Deficiencies in the infrastructure and poor support
facilities marked by inadequate access to basic
facilities like water, power supply, road/rail
connectivity etc. adversely affect this sector and
contribute to enhance their operational cost by
rendering the MSMEs less competitive in the
challenging market situations. Inadequate and
inappropriate transportation and communication
network will make the working of various units all the
more difficult. All these factors are going to adversely
affect the quantity, quality and production schedule of
the enterprises operating in these areas. Thus, their
operations will become uneconomical and unviable.
9- Under Utilisation of Capacity-
Most of the small-scale units are working below full
potentials or there is gross underutilization of
capacities. Large scale units are working for 24 hours
a day i.e. in three shifts of 8 hours each and are thus
making best possible use of their machinery and
equipment. On the other hand, small scale units are
making only 40 to 50 percent use of their installed
capacities. 7
Various reasons attributed to this gross
under- utilisation of capacities are problems of
finance, raw material, power and underdeveloped
markets for their products.
10- Lack of Awareness-
The government has set up many organizations to
support and provide assistance to Small Scale
Industries. But, many of the entrepreneurs running
Small Scale Industries are not aware of the various
support services.
Steps taken by the Government-
On 9 May 2007, subsequent to an amendment of the
Government of India (Allocation of Business) Rules,
1961, erstwhile Ministry of Small Scale Industries and
the Ministry of Agro and Rural Industries were
merged to form the Ministry of Micro, Small and
Medium Enterprises (M/o MSME). This Ministry
now designs policies and promotes/ facilitates
programs, projects and schemes and monitors their
implementation with a view to assisting MSMEs and
help them to scale up. The primary responsibility of
promotion and development of MSMEs is of the State
Governments. However, the Government of India,
7
https://www.indiainfoline.com/article/news-top-
story/problems-faced-by-sme-in-india-116011800359_1.html
supplements the efforts of the State Governments
through various initiatives. The role of the M/o
MSME and its organisations is to assist the States in
their efforts to encourage entrepreneurship,
employment and livelihood opportunities and enhance
the competitiveness of MSMEs in the changed
economic scenario.8
1- Performance and Credit Rating Scheme-9
The scheme is being implemented through
National Small Industries Corporation (NSIC)
Limited. The main objective of the scheme is to
provide a trusted third party opinion on the
capabilities of the MSEs so as to create awareness
amongst them about the strengths and weakness of
their existing operations. Rating under the scheme
is being carried out through empanelled rating
agencies i.e. CRISIL, CARE, ONICRA, SMERA,
ICRA and Brickwork India Ratings. Under this
Scheme, rating fee payable by the micro & small
enterprises is subsidized for the first year only and
that is subject to maximum of 75% of the fee or
Rs. 40000/-, whichever is less.
2- Marketing Assistance Scheme-
The scheme is being implemented through
National Small Industries Corporation (NSIC)
Limited. The main objectives of the scheme is to
enhance the marketing competitiveness of
MSMEs; to provide them a platform for
interaction with the individual/institutional buyers;
to update them with prevalent market scenario and
to provide them a form for redressing their
problems. MSMEs are supported under the
Scheme for capturing the new market
opportunities through organising/ participating in
various domestic & international exhibitions/
trade fairs, Buyer-Seller meets intensive
campaigns and other marketing events.
3- International Cooperation (IC) Scheme-
Technology infusion and/or upgradation of Indian
micro, small and medium enterprises (MSMEs),
their modernisation and promotion of their exports
are the principal objectives of assistance under the
Scheme. The Scheme would cover the following
activities:(a) Deputation of MSME business
delegations to other countries for exploring new
areas of technology infusion/upgradation,
facilitating joint ventures, improving market of
8
https://msme.gov.in/sites/default/files/MSME_at_a_GLANCE_2
016_Final.pdf last visited on 17/07/2018 at 19:00
9
ibid
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MSMEs product foreign collaborations, etc; (b)
Participation by Indian MSMEs in international
exhibitions, trade fairs and buyer seller meets in
foreign countries as well as in India, in which
there is international participation; (c) Holding
international conferences and seminars on topics
and themes of interest to the MSME. IC Scheme
provides financial assistance towards the airfare
and space rent of entrepreneurs.
4- Assistance to Training Institutions Scheme-
The Scheme envisages financial assistance for
establishment of new institutions (EDIs),
strengthening the infrastructure of the existing
EDIs and for supporting entrepreneurship and skill
development activities. The assistance shall be
provided to these training institutions in the form
of capital grant for creation/strengthening of
infrastructure and programme support for
conducting entrepreneurship development and
skill development programmes. Maximum
assistance for creation or strengthening of
infrastructure will be Rs. 150 lakhs on matching
basis, not exceeding 50% of project cost.
However, for the North Eastern region (including
Sikkim), Andaman & Nicobar and Lakshadweep,
the maximum assistance on matching basis would
be Rs. 270 lakhs or 90% of project cost,
whichever is less.
5- MSME Talent/ Job Melas-
A new initiative was taken up under the ATI
scheme in making available skilled persons for the
MSMEs in the country. As part of this, ni-msme
conducted MSME Talent/ Job Melas at different
places across the country bringing employers and
the skilled persons to a common platform. These
melas are directly providing employment to the
trained youth and indirectly encouraging the youth
to participate in ESDPs, while also enhancing the
success rate of the programmes.
6- Schemes for Khadi & Village Industries Sector-
Prime Minister’s Employment Generation
Programme (PMEGP) is a credit linked subsidy
scheme of the Ministry, implemented through
KVIC, DICs and State KVI Boards with KVIC as
the Nodal Agency at the national level for setting
up new self-employment ventures/projects/micro
enterprises to generate employment opportunities
in rural as well as urban areas of the country. The
other objective is to bring together widely
dispersed traditional artisans/rural and urban
unemployed youth and give them self employment
opportunities to the extent possible, at their place
so as to help arrest migration of rural youth to
urban areas. Any individual, above 18 years of age
can avail the benefit of this programme. However,
assistance under the Scheme is available only for
new projects sanctioned specifically under the
PMEGP.
7- Scheme of fund for Regeneration of Traditional
Industries (SFURTI)-10
With a view to making the traditional industries
more productive and competitive and facilitating
their sustainable development, the Govt. of India
announced setting up of a fund for regeneration of
traditional industries. The objective is to organize
the traditional industries and artisans into clusters
to make them competitive and provide support for
their long term sustainability and economy of
scale, and provide sustained employment for
traditional industry artisans and rural
entrepreneurs to enhance marketability of
products of such clusters by providing support for
new products, design intervention and improved
packaging and also the improvement of marketing
infrastructure.
8- Organizing International Technology Exhibitions
in Foreign Countries by NSIC and participation in
International Exhibitions/Trade Fairs:
9- Organizing Domestic Exhibitions and
Participation in Exhibitions/ Trade Fairs in India
10- "Techmart" exhibition by NSIC:
11- Support for Co-sponsoring of Exhibitions
organized by other organizations/ industry
associations/agencies
12- Buyer-Seller Meets organized by NSIC
13- Intensive Campaigns and Marketing Promotion
Events
14- Time for registering companies reduced: The
government has made the process for registering a
company faster by reducing the time taken from
almost 10 days in December 2014 to 5 days in
December 2015. This year the government plans
to further reduce the time taken to 1-2 days.
15- Easier processes for incorporation: To make
the process of registering and incorporating
companies faster, the government has done away
with the requirement of reserving a name, and
integrated the processes related to allotment of
Director Identification Number (DIN),
appointment of directors etc in a single form (INC
- 29) for incorporation of a company.
10
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16- Integration of processes through eBiz
portal11
: The eBiz platform of the Department of
Industrial Policy and Promotion (DIPP) integrates
several processes across (government)
departments to make the process of incorporating
a company simpler. One can apply for Permanent
Account Number (PAN), Tax Deduction Account
Number (TAN), EPFO (Employees' Provident
Fund Organization) and ESIC (Employee's State
Insurance Corporation) and incorporation of
company through the eBiz portal.
17- MUDRA BANK-
Allocation of Rs.20,000 crore for Micro Units
Development Refinance Agency (MUDRA) Bank
for the SME sector and will enhance facility to
boost the growth of small businesses and
manufacturing units. It consists of Rs. 1,000 crore
for support of start-ups. Mudra bank has been
launched on 8th
April 2015. It will provide credit
up to Rs. 10 lakh to small entrepreneurs.
18- Start-Up India-
Rs.10,000 crore start-up funding pool. Reduction
in patent reduction fees. Improved Bankruptancy
Code, to ensure a 90 day exit window. No
submission of Capital Gain Tax first 3yrs of
operation. Create innovation hub. Promote India
across the world as a start-up hub.
19- Stand Up India-
The scheme offers bank loans of between Rs.10
lakh and Rs.1crore for scheduled castes and
scheduled tribes and women setting up new
enterprises outside of the farm sector.
20- Make in India-
The scheme Make in India was launched on 25th
September 2014 with the objective of job creation
and skill enhancement in 25 sectors of the
economy and to transform India into a global
design and manufacturing hub.
21- Google’s vision 12
-
Google India has set a target of creating an online
presence for 20 million Small and Medium
Enterprises (SMEs) in India on its various
platforms by 2017. To achieve this target, the
internet giant had launched a mobile application
called “Google My Business”.
11
https://www.businesstoday.in/current/policy/six-major-govt-
initiatives-to-improve-ease-of-doing-
business/story/235194.html
12
http://www.forbesindia.com/article/special/google-india-
aims-to-bring-20-million-smes-online-by-2017/40347/1
EASE OF DOING BUSINESS
2013 2017
132 100
India’s ranking in ease of doing business in year 2013
and in year 2017, Report published by the World
Bank.
Conclusion and Suggestions-
The analysis of the various problems and marketing
activities of the Small business in India indicates that
there is no single perfect plan for promotion Since
MSME play a pivotal role in the economic and social
development of the country, often acting as a
foundation for growth entrepreneurship. The neglect
of marketing will make the sector completely
handicapped. MSMEs have been globally considered
as an engine of economic growth and as key
instruments for promoting equitable development.
The marketing consultants as well as the Govt. must
make effort to designing a viable plan for the
development of the MSME sectors. The major
advantage of the sector is its employment potential at
low capital cost. The various alternative plan needs to
be analysed to fin the a solution for the MSME
sectors. In recent years, the MSME sector has
consistently registered higher growth rate compared
with the overall industrial sector. globalization can
also act as a tool for development of the SMEs sector.
SMEs engaged in manufacturing of engineering and
automobile products have shown excellent growth
over the years due to their expertise in supplying
assemblies and sub-assemblies, components etc. What
is needed is a rational policy which adequate support
and protection to this sector enabling it to reach
Indian markets. SMEs have many inherent advantages
like exclusivity world, ability to produce small order
quantities etc. In a globalised world, they can tap new
markets, especially in the West where there is a big
demand for handcrafted products. Information
technology can be used as a tool to provide online
information on indigenous products and producers,
while Central legislations and patents can be used to
prevent cheap imitations of designs and products by
other countries.
To conclude, 2018 and coming years are going to be
progressive changes in the Indian SME sector. Several
policy interventions along with technology and
innovation will continue to play a pivotal role in
creating a business-friendly atmosphere for the SMEs.