GS3 · 15 marks · 250 words
Not only do services MSMEs contribute mightily to the overall GDP growth, they have a powerful, multiplier impact on the local economies as well. Elaborating on the statement, highlight the problems faced by service sector MSMEs. How can the government make it easier for MSMEs to start and grow a business?
Answered by 1 topper · CSE 2019
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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