Helping India's Small and Medium-Sized Enterprises Create Jobs

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Helping India's Small and Medium-Sized Enterprises Create Jobs

Subject: Entrepreneurship
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  • Volume : 1 Issue : 1 2022
  • Page Number : 1-6
  • Publication : ISRDO
  • Publication Date : 26 Dec 2022

Manuscript Version1

Title

Helping India's Small and Medium-Sized Enterprises Create Jobs

Author

1. Shilpa Motwani, Ahmedabad University, Student, India

Abstract

In India, micro, small, and medium-sized businesses have played an increasingly vital role in the nation's efforts to provide urban and rural residents with employment opportunities during the last fifty years. In recent years, small, and intermediate businesses have contributed much more to the gross domestic product, resulting in the creation of many new employment possibilities. This study's results provide insight not only on the current state of job creation in India, but also on the future of job creation by MSMEs. The results of this study lead the researchers to conclude that micro, small, and medium-sized enterprises (MSMEs), particularly those located in rural areas, contributed significantly to the growth of employment opportunities. In addition, the states of Uttar Pradesh, Gujarat, Rajasthan, Telangana, Tamil Nadu, and Madhya Pradesh, as well as Karnataka, have each contributed to the increase of work opportunities. In conclusion, the findings of this study shed light on crucial issues such as strengthening infrastructure in rural areas and increasing investment in previously neglected enterprises.

Keywords

Employment Medium-Sized Enterprises (MSMEs) Government Programs businesses

Conclusion

Due to the considerable contributions it has made to India's overall socioeconomic growth, the micro, small, and medium-sized company sector has become an integral element of the Indian economy. The proliferation of medium- and large-sized businesses in developing nations like India has transformed the landscape of employment opportunities in general. In reality, tiny and medium-sized firms confront a variety of obstacles, the most significant of which is a lack of access to technology and capital, especially in rural regions. This issue is particularly widespread in regions with low population density. In addition, colossal investments must be expanded concurrently with the adoption of a Free Commerce Agreement, which would promote international trade for small and large businesses and enable the economy to grow from the standpoint of socioeconomic and equitable development.

Author Contrubution

The author confirms sole responsibility for the following: study conception and design, data collection, analysis and interpretation of results, and manuscript preparation.

Funding

The authors did not receive any specific grants from funding agencies in the public, commercial, or non-profit sectors for the research, authorship, and/or publication of this article.

Conflict of Interest

All authors declare that they have no conflicts of interest.

Data Sharing Statement

Not applicable

    

Software And Tools Use

Not applicable

Acknowledgements

I thank the following individuals for their expertise and assistance in all aspects of our study and for their help in writing the manuscript. I am also grateful for the insightful comments given by anonymous peer reviewers. Everyone's generosity and expertise have improved this study in myriad ways and saved me from many errors.

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Corresponding Author

KP
Krupali Patel

S P University, Student, India

Copyright

Copyright: ©2023 Corresponding Author. This is an open access article distributed under the terms of the Creative Commons Attribution License , which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

Motwani, Shilpa. “Helping India's Small and Medium-Sized Enterprises Create Jobs.” Scientific Research Journal of Business, Management and Accounting, vol. 1, no. 1, 2022, pp. 1-6, https://isrdo.org/journal/SRJBMA/currentissue/helping-indias-small-and-medium-sized-enterprises-create-jobs

Motwani, S. (2022). Helping India's Small and Medium-Sized Enterprises Create Jobs. Scientific Research Journal of Business, Management and Accounting, 1(1), 1-6. https://isrdo.org/journal/SRJBMA/currentissue/helping-indias-small-and-medium-sized-enterprises-create-jobs

Motwani Shilpa, Helping India's Small and Medium-Sized Enterprises Create Jobs, Scientific Research Journal of Business, Management and Accounting 1, no. 1(2022): 1-6, https://isrdo.org/journal/SRJBMA/currentissue/helping-indias-small-and-medium-sized-enterprises-create-jobs

2187

Total words

840

Unique Words

83

Sentence

26.590361445783

Avg Sentence Length

0.22693667527252

Subjectivity

-0.01135685599541

Polarity

Text Statistics

  • Flesch Reading Ease : 38.45
  • Smog Index : 15.5
  • Flesch Kincaid Grade : 13.9
  • Coleman Liau Index : 14.68
  • Automated Readability Index : 17.5
  • Dale Chall Readability Score : 8.79
  • Difficult Words : 380
  • Linsear Write Formula : 22
  • Gunning Fog : 13.31
  • Text Standard : 13th and 14th grade

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