Download This PaperPerformance of Khadi and Village Industries Commission Through Micro, Small, & Medium Enterprise
Aegaeum Journal, Volume 8, Issue 3, 2020
8 Pages Posted: 24 Apr 2020
Date Written: 2020
Abstract
Micro, Small and Medium Enterprise (MSME) Sector plays generally major role in the growth and development of our financial system. After autonomy the Government of India emphasizes on the expansion of MSME sector for brisk Industrialization. India accorded high priority to Small and Medium Enterprises (SMEs) from the incredibly establishment and pursued support policies to make these enterprises feasible, lively and over time, these have become major contributors to the GDP. Moreover, the MSME sector has worn and overcome stiff competition in the spot liberalization era in the domestic and International field. The sector has faced a number of enactments and amendments in the policies and programmes between the first Industrial Policy and Micro, Small and Medium Enterprises Development Act for better performance. It has acquired a reputable rest in the socioeconomic contribution of India even after various shortcomings in the strategy proposal, poor infrastructure, inadequate training, incomplete credit facility, higher sickness rate and so forth. The aim of this article is to compute and compare performance variables of Khadi and Village Industries Commission (KVIC) through MSME between the Khadi industry Performance and Village industry Performance as well as to examine the interrelationship among variables plus the functional relationship between variables.
Keywords: GDP, Liberalization, Industrial Policy, Credit Facility, KVIC
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