Managing Risks, Challenges and Opportunities in MSMEs to Build a Self-Resilient India

MSME sector has come up as the major growth driver of the Indian economy, contributing nearly 40 percent of the nation's GDP and creating employment opportunities. The study encompasses understanding about the sector's functioning procedure, Government policies and recent developments, risks and challenges faced by the sector, major Government schemes initiated for the sector and opportunities ahead to enhance the MSME performance in India. However, the envisaged future growth in MSME sector requires adequate hassle-free financial support, induction of skilled work force, infrastructural assistance, ease of statutory compliance for faster processing of loans and credits and other amenities.