GS3 · 10 marks · 150 words
MSMEs in India play a pivotal role in GDP growth, job creation and boosting exports, yet they are plagued with a plethora of problems. Discuss the statement and suggest measures to ameliorate their conditions.
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Syllabus: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth.
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Liberalisation's effects on industrial growth, MSMEs, PLI and other industrial policy, manufacturing share, ease of doing business.
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