Key pillars of government support for MSMEs generally include ease of doing business, access to finance, market linkages, technology adoption, skill development, and infrastructure development.
The government has initiated the following key aspects for facilitating the MSME sector : (i) Access to credit (ii) Access to market (iii) Technology upgradation (iv) Social security for MSME sector employers Select the correct option :
Asked in TNPSC CS Prelims 2022 · Topic: Industrial Sector (Micro, Small and Medium Enterprises (MSMEs) Sector: Importance, Challenges, and Government Initiatives)
More Economic Development questions
- In which of the following year, the latest classification of MSME was done ?
- Arrange the following Committees formed for small scale sector in a chronological order and select the correct answer from the codes given below: I. Nayak Committee II. Abid Hussain Committee III. S.S. Kohli Committee IV. Karve Committee
- What is meant by MSME ?
- According to the ‘Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, the ‘medium enterprises' are those with investments in plant and machinery between ₹ 15 crore and ₹ 25 crore. 2. All bank loans to the Micro, Small and Medium Enterprises qualify under the priority sector. Which of the statements given above is/are correct?
- What is the limit of the Annual turnover for small enterprises?
- Investment limit for micro-enterprises, provided for in the Act passed in 2006 is
- National Institute of Entrepreneurship and Small Business Development is situated at
- Where has the Indian Diamond Institute (IDI) been established ?
