GLOBALISATION AND PROSPECTS OF MICRO SMALL AND MEDIUM ENTERPRISES MSMEs A STUDY OF MSMEs IN COOCH BEHAR AND HOWRAH DISTRICTS IN WEST BENGAL

Abstract

Micro, Small and Medium Enterprises (MSMEs) are one of the most vibrant and sensitive sectors in Indian economy due to its capacity of employment generation, low capital and chnology requirement, use of traditional or inherited skill, mobilization of local resource,exportability of products and commendable adaptability and innovativeness to sustain in highly competitive market to achieve the national objective of growth with equity and inclusion. As per the Annual Report of the Ministry of MSMEs, 2011-12 this sector accounts for about 45 percent of manufacturing output, 40 percent of total exports, employs more than 59 million people and produces more than 6000variety of products ranging from traditional to sophisticated items