Role of SMEs in Indian Economy and its Related Challenges
Sapte Anita Shripatrao
Department of Management, Himalayan University, Itanagar, A.P.
Dr Sujay Madhukar Khadilkar
Department of Management, Himalayan University, Itanagar, A.P.
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The Government of India has acknowledged this due to the significant demand it has consented to the SSI sector. The Reserve Bank of India has also granted SSI loans made by banks the status of a priority sector, and several guidelines have been enacted in this way periodically. Whatever the case, there have been a few problems that make it difficult for small and home-based businesses to grow. Many internal and external factors have placed significant strain on the SSIs' ability to function, leading to the elimination of several of them. The prevalence of illness in the SSI division is showing an increasing trend, and a significant number of SSI units are identified as destroyed. Now, there is a great chance to look at the business-related challenges that a person in company must deal with. These issues include those related to money and equipment, marketing and deals, raw materials, and the availability of skilled labor, among others. It would be accurate to say right away that the majority of business visionaries don't have problems with access to equipment, raw materials, the sale of their manufactured goods, or the availability of talented professors. Even if a large portion of them need financial resources, they are ultimately preoccupied with pursuing their projects. You can order cheap and high quality UK replica watches here. If you wanna buy best UK fake breitling watches, you cannot miss this website.
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