scholarly journals Impact of COVID -19 on MSMEs in India

2020 ◽  
Vol 6 (6) ◽  
pp. 76-79
Author(s):  
Pradeep Kumar N
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Industrial Production ◽  
Employment Growth ◽  
Central Government ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Indian Economy ◽  
Liquidity Measures ◽  
Medium Enterprises

The Micro Small and Medium enterprises (MSMEs) have been accepted as the engine of economic growth and play an important role in the equitable economic development of country.The MSMEs constitute over 90% of total enterprises in most of the economies and are credited with generating the highest rates of employment growth and account for a major share of industrial production and exports.Coronavirus outbreak is eroding the already battered Indian economy in more ways than one.MSMEs, which is a crucial pillar of emerging economy like India’s are not able to do business as usual.The main objective of the study is to measure the major liquidity measures announced by the Central Government in this pandemic situation and to identify the rise of MSMEs in India and the initiatives by the banks. The study is based on the secondary data.

Analysis of Major Problems Faced by Small Firms in North India

2015 ◽  
Vol 15 ◽  
pp. 150-160
Author(s):  
Davinder Singh ◽  
Jaimal Singh Khamba ◽  
Tarun Nanda
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Small Firms ◽  
Small And Medium Enterprises ◽  
Developed Countries ◽  
North India ◽  
Small Enterprises ◽  
Employment Generation ◽  
Medium Enterprises

Micro, Small and Medium Enterprises (MSMEs) have been noted to play a significant role in promoting economic growth in less developed countries, developing and also in developed countries. Worldwide, the micro and small enterprises have been accepted as the engine of economic growth of any nation. Small and Medium Enterprises are the backbone of the economies, because it trigger employment, output, export, poverty alleviation, economic empowerment, economic development etc. in developed as well as in developing countries. It is more important to developing countries as the poverty and unemployment are burning problems. MSMEs have been playing a momentous role in overall economic development of a country like India where millions of people are unemployed or underemployed. Therefore, the growth of small sectors is essential for the growth in the GDP, employment generation, total manufacturing production and export. India, being one of the fastest growing economies of the world, needs to pay an honest attention for the utmost growth of MSMEs for its increased contribution in above areas.

scholarly journals UPAYA PENINGKATAN KESEJAHTERAAN PELAKU UMKM DI KECAMATAN LAWANG DENGAN PEMBIAYAAN MUDHARABAH PADA BANK SYARIAH MANDIRI KCP LAWANG

2020 ◽  
Vol 11 (2) ◽  
pp. 259-276
Author(s):  
Aslikhah
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Qualitative Method ◽  
Small And Medium Enterprises ◽  
National Economic ◽  
New Business ◽  
Strategic Role ◽  
National Economic Development ◽  
Data Collection Technique ◽  
Medium Enterprises

Micro, Small and Medium Enterprises (MSMEs) have an important and strategic role in national economic development. In addition to playing a role in economic growth and employment, MSMEs also play a role in distributing development resultsThe purpose of this research is to find out how the efforts to improve the welfare of MSMEs actors in Lawang sub-district through Mudharabah financing at Bank Syari'ah Mandiri KCP Lawang. The method used in this research is the qualitative method. The data collection technique is by observing, interviewing and documenting the stakeholders fram Bank Syariah Mandiri KCP Lawang, as well as MSMEs actors who receive mudharabah financing from BSM KCP Lawang.The results of this study indicate that mudharabah financing at Bank Syariah Mandiri KCP Lawang has a fairly central contribution in improving the welfare of micro and small business actors which is characterized by the presence of new business actors each year. This is a benchmark for the success of mudharabah financing products in the community and as a benchmark for the success of a banking product in increasing the productivity of financing products.

scholarly journals Problems and Prospects of SMEs Loan Management: A Study on Mercantile Bank Limited, Khulna Branch

1970 ◽  
Vol 5 (2) ◽  
pp. 38-52 ◽  
Author(s):  
SM Akterujjaman
Keyword(s):  
Economic Development ◽  
Industrial Production ◽  
Small And Medium Enterprises ◽  
Modern Technology ◽  
Financial Products ◽  
Doing Business ◽  
The World ◽  
Medium Enterprises ◽  
Formal Procedures ◽  
Sme Financing

SMEs all over the world have been playing a crucial role in promoting economic development as well as industrial production. SME financing has been identified as a major obstacle to SME growth. Unfortunately, the issue seems to be as unresolved as it always has been. Though the majority of the issues are with the SME themselves, the banks also have major issues in designing financial products for the SMEs. This study tries to find out the underlying problems from the bank’s perspective. The major findings are related to the high interest and loan duration rates, reasons for SMEs relatively informal way of doing business in contrast to bank’s formal procedures and prerequisites, bank’s relative inexperience in this field. They are also related to the bank’s lack of perspective, the viability and benefits of cluster unity, approach to informal loan takers and non-usage of modern technology and accounting procedures. The recommendations were provided based on the analysis and findings.Key words: Small and Medium Enterprises (SMEs); Financing; Loan; Technology; Cluster.DOI: http://dx.doi.org/10.3329/jbt.v5i2.9934  Journal of Business and Technology (Dhaka) Vol. 5(2), July-December, 2010 38-52

scholarly journals The Importance оf Small and Medium Enterprises in the Economic Development of Eastern Europe

2021 ◽  
Vol 17 ◽  
pp. 898-910
Author(s):  
Petrunenko Iaroslav ◽  
Iryna Khmarska ◽  
Tetiana Tkachenko ◽  
Hanna Koptieva ◽  
Veronika Komandrovska
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Eastern Europe ◽  
Small And Medium Enterprises ◽  
Size Class ◽  
Doing Business ◽  
Ease Of Doing Business ◽  
Medium Enterprises ◽  
The Impact ◽  
Micro Enterprises

An important engine of economic development of the country is the development of small and medium enterprises. At the same time, small and medium-sized businesses, being elements of the economic system, have a significant impact on the overall economic growth of the country. Thus, there is a mutual influence of economic units on the economy as a whole. The purpose of the article is to study the impact of small and medium-sized enterprises of small and medium-sized enterprises on the gross domestic product on the example of Eastern European countries. Methods: analysis, description, observation, comparison, generalization, induction, deduction, grouping, systematization, tabular and graphical representation. Results: The level of ease of doing business in Eastern Europe was analyzed according to the Ease of doing business ranking and it was found that the Czech Republic and Poland are among the 40 countries in Eastern Europe ranked 40th and 41st out of 190 possible. It is established that the subjects of small (including micro-enterprises) and medium-sized enterprises belonging to the non-financial sector, in the structure of all enterprises of the non-financial sector of each of the studied countries occupy more than 90%. It was found that a significant share in the structure of small and medium enterprises in Eastern Europe is occupied by micro-enterprises, while the share of medium-sized enterprises is the lowest. The results of regression analysis to determine the impact of small and medium enterprises on the economic growth of countries obtained by establishing the dependence of GDP on Turnover of the non-financial business economy by size class of employment. Revealed a high dependence of GDP Turnover of the non-financial business economy by size class of employment in all surveyed countries in Eastern Europe.

scholarly journals Pengaruh pertumbuhan UMKM, inflasi, dan tingkat pengangguran terhadap pertumbuhan ekonomi di Indonesia

2021 ◽  
Vol 5 (2) ◽  
pp. 153-173
Author(s):  
Asnah Tul Ramadani ◽  
Junaidi ◽  
Zulfa Eliza
Keyword(s):  
Economic Growth ◽  
Quantitative Research ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Sampling Technique ◽  
Test Results ◽  
Quantitative Research Methods ◽  
Analysis Techniques ◽  
Medium Enterprises ◽  
Positive Effect

This study aims to determine the effect of MSMEs (Micro, Small and Medium Enterprises), inflation, and unemployment on economic growth in Indonesia. In this study only 14 years were taken. This research uses quantitative research methods. The technique used in this study is Purposive Sampling, which is a deliberate sampling technique. The type of data used in this study is secondary. Data analysis techniques used in this study are the analysis of classic assumptions, multiple linear regression, and hypotheses. The formulation if the problem of the influence of MSME growth on economic growth in Indonesia, the effect of inflation on economic growth in Indonesia, the effect of unemployment on economic growth in Indonesia, the influence of MSME, inflation and, unemployment rates on economic growth in Indonesia. Partial results (T test) the influence of MSME (X1) of 0.010 <0.05, inflation (X2) of 0.029 <0.05, unemployment (X3) of 0.013 <0.05 and a significant positive effect on economic growth in Indonesia. F test results (Simultaneous) showed a significant value of 0.007 <0.05 meaning that MSME, inflation, and unemployment simultaneously had a significant effect on economic growth in Indonesia. Then from the R-square test results of 0.656 or 65.6%. The magnitude of these results can be explained by the MSME variables,

scholarly journals Increasing the Regional Economic Groth through Small and Medium Entreprises

2017 ◽  
Vol 20 (2) ◽  
Author(s):  
Hedwigis Esti Riwayati
Keyword(s):  
Economic Growth ◽  
Small And Medium Enterprises ◽  
Panel Data Analysis ◽  
Secondary Data ◽  
Regional Economic Growth ◽  
Capital Expenditures ◽  
Regional Economic ◽  
Local Revenue ◽  
Medium Enterprises ◽  
Positive Effect

This study aimed to analyze the influence of regional revenue, capital expenditures, labor and small and medium enterprises towards the regional economic growth in the Regencies in Sulawesi Island. This study uses a quantitative approach with secondary data obtained from the Central Statistics Agency. Based on the results of the panel data analysis using EViews 8.0 program processing tools, the results indicate that in partial local revenue, capital expenditures, labor, small and medium enterprises have significant positive effect on regional economic growth in the Regency/City of the island of Sulawesi. Another  conclusion  of  the  results  in  this  research  are  feasible  estimated regression model is used to explain the economic growth of the Regency/City of the island of Sulawesi.

STRATEGI PEMASARAN UMKM

2018 ◽  
Vol 3 (2) ◽  
pp. 191-198
Author(s):  
Ahmad Tarmizi
Keyword(s):  
Economic Development ◽  
Driving Forces ◽  
Brand Image ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Marketing Strategies ◽  
Economic Activities ◽  
Technological Developments ◽  
Market Leader ◽  
Medium Enterprises

This article is a summary of several journals that were rereviewed about the Micro, Small and Medium Enterprises (MSMEs) Marketing Strategy. MSMEs are one of the leading driving forces in economic development and play a significant role in the economy. Economic players such as the owners of MSMEs now not only can produce a product, but also must adapt and implement technological developments into their economic activities. So that the marketing strategies of MSME owners become complex and numerous. The purpose of this study is to identify marketing strategies in the development of MSMEs. The data obtained is from the literature studies of existing journals as secondary data. The results obtained show that there are two strategies in the marketing of MSMEs which become priority strategies, namely: (1) The owner of MSMEs applies e-commerce to become a market leader, (2) The owners of MSMEs provide branding to emerge brand image of their products. Keywords: E-commerce, Brand Image, Strategi Pemasaran, UMKM

scholarly journals Growth and Elasticity of Output of MSMEs in India

2021 ◽  
Author(s):  
SETAKA PALAKA ◽  
Sandhyarani Das
Keyword(s):  
Employment Growth ◽  
Small And Medium Enterprises ◽  
Labour Force ◽  
Secondary Data ◽  
Development Planning ◽  
The Core ◽  
Output Elasticity ◽  
Medium Enterprises ◽  
The Unemployed ◽  
Important Objective

Abstract In the last few years, the phenomenon of a marked slowdown in the growth of employment has been noticed in many countries across the world including India. An important objective of development planning in India has been to provide for increasing employment opportunities not only to meet the backlog of the unemployed but also the new additions to the labour force. Micro, small and medium enterprises (MSMEs), including khadi and village industries generate the highest rates of employment growth and account for a significant share of industrial production and exports. The core objective of the present paper is to analyse the growth and elasticity output in the MSMEs sector. Extended Cobb Douglas Production Function has been utilized based on the secondary data. The study reveals that the output elasticity of employment during the study period is very low as compared to the output elasticity of export.

Enterprise Policy

2016 ◽  
Author(s):  
Norin Arshed ◽  
Mike Danson
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Small And Medium Enterprises ◽  
Income Growth ◽  
Social Challenges ◽  
Economic Rationale ◽  
Medium Enterprises ◽  
Enterprise Policy

Over the last 30 years, the importance of entrepreneurship to employment, innovation, productivity and income growth has led to an interest in enterprise policy (Shane, 2008; Blackburn and Smallbone, 2008). Enterprise policies have been seen to encourage economic growth, create jobs and generate economic development (Audretsch and Beckmann, 2007), with the aim of meeting economic and social challenges (Wright et al., 2015). Acknowledging the importance of entrepreneurs and Small and Medium Enterprises (SMEs) allows an understanding of why so much attention is being paid to enterprise policy. This chapter answers the following fundamental questions in order to define, understand and review enterprise policy: What is enterprise policy? What is the economic rationale for undertaking enterprise policy? Why has enterprise policy become so important? What are the main instruments of enterprise policy?

Problems and Prospects of Rural Entrepreneurship in Mayurbhanj District of Odisha

2019 ◽  
Vol 46 (3) ◽  
pp. 152-160
Author(s):  
Sitaram Das ◽  
Sandeep Kumar Patnaik ◽  
Abhijeet Patra
Keyword(s):  
Economic Growth ◽  
Empirical Study ◽  
Special Reference ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Present Position ◽  
Business Units ◽  
Rural Entrepreneurship ◽  
Entrepreneurial Activities ◽  
Medium Enterprises

Rural entrepreneurs make vital contribution to economic growth. People who carry out entrepreneurial activities by setting up industrial and business units in the rural sectors of the economy may be defined as rural entrepreneurs. This research is based on an empirical study that reviews literature of various authors at different periods. For this research, secondary data regarding micro, small, and medium enterprises (MSMEs) have been collected and analysed to draw conclusions. Keeping the above facts in view, an attempt was made to study the present position of MSMEs, amount invested and employment generated, and problems and prospects of rural entrepreneurs with special reference to the Mayurbhanj district.

Sign in / Sign up

Export Citation Format

Share Document