An Analytical Study of the Role of Small Industries Development Bank of India SIDBI in the Development of MSMEs in India

Abstract

Micro, Small and Medium Enterprises have always been the backbone of the Indian economy. All major industrial economies are characterized by the existence of micro, small and medium enterprises and the growth of these economies has been largely shaped by the strength of such enterprises. With the Indian economy expected to emerge as one of the leading economies in the world, the major impetus is being given to strengthen the MSME sector which acts as the catalyst in the economic growth. newline