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.
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All authors declare that they have no conflicts of interest.
The author confirms sole responsibility for the following: study conception and design, data collection, analysis and interpretation of results, and manuscript preparation.
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.
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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.
1. Kumar, Viinay (2017): “An analysis of growth of MSMEs in India and their contribution in employment and gdp of the country” International Journal of Interdisciplinary and Multidisciplinary Studies (IJIMS), 2017, Vol 4, No.2, 187-191. 187.