A study on rejuvenation process of MSMEs and its impact on employment generation

A study on rejuvenation process of MSMEs and its impact on employment generation
Author(s):
Sanjay Kumar Hooda, Santpal
Keywords:
MSMEs, Enterprises, Registered, Category-wise, Activity-wise, Units, GDP and Employement.
Abstract
Based on the analysis of Micro, Small, and Medium Enterprises of the Haryana State, the researchers have found that the MSME sector played a significant role in developing and economically backward regions of the Haryana State. This sector assists in large-scale industries by proper utilization of resources of the state economy. These enterprises are production, employment, investment, and export sources. It enhances the area's prosperity by reducing inequality in wealth, income, and proper consumption of resources. The researchers have collected and analyzed the data of MSMEs of Haryana State from 2011 to 2020 with the help of different techniques like AGR, CAGR, and mean value. The data was tabulated and segregated in the number and types of registered units, types of ownership, social category-wise registrations, and activity–wise registrations of MSMEs in the whole state. It has also been analyzed how much the MSMEs have provided year-wise employment from 2011 to 2020. These results are also depicted through the graphical images.
Article Details
Unique Paper ID: 156615 Publication Volume & Issue: Volume 9, Issue 4 Page(s): 258 - 268
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