The Growth and Transformation of Small Firms in India


Book Description

Based mainly on a survey of 1,212 small firms carried out in 12 states and covering the period 1996-1997. Assesses the performance of small scale industries in relation to economic reforms initiated in 1990-1991. Examines issues relating to the effects of competition on firm behaviour and performance, the government's reservation policy, infrastructural constraints, financing for small firms and the effects of duties and taxes.




Micro and Small Enterprises in India


Book Description

This book presents a set of analytical and deeply policy-oriented articles on the dynamics of growth and performance of micro and small enterprises in India during the period of reforms. It provides fairly detailed analyses of policy changes for the micro and small enterprises secotr as well as empirical analyses of performance and efficiency of the unorganised manufacturing sector. it examines a range of emerging and persistent complex issues facing this crucial sector including credit, exports, trade regulations, capacity building, subcontracting, clustering, entrepreneurship and rural industrialisation. Focusing on the constraints facing this sector even during the economic reforms, most of the articles analyse how and why special attention, particularly by the state, needs to be paid towards enhancing firm competitiveness. Broad-basing the benefits of policy interventions to the overwhelmingly present yet left out micro enterprises, including rural areas, forms an important concern. This volume attempts to critically examine critical areas of intervention that could open up possibilities of developing a strong micro and small enterprises sector in India.




The Indian Economy Since 1991: Economic Reforms and Performance


Book Description

The Indian Economy Since 1991: Economic Reforms and Performance is the outcome of a collaborative effort by 28 experts who have made significant contributions in research toward the Indian economy. Using a data-based, analytical approach to key economic issues and problems, coupled with extensive coverage and a critical and in-depth analysis of the developments in all major sub-sectors of the Indian economy, this edited volume examines the impact of the reforms on various fronts such as economic performance, employment, unemployment, planning process, financial and fiscal sectors, external sector, agriculture, industry, infrastructure, health, education, poverty and federal finance since 1991.




The Promise of Small and Medium Enterprises


Book Description

This series of books brings together results of an extensive research programme on aspects of the national systems of innovation (NSI) in the five BRICS countries — Brazil, Russia, India, China, and South Africa. It provides a comprehensive and comparative examination of the challenges and opportunities faced by these dynamic and emerging economies. In discussing the impact of innovation with respect to economic, geopolitical, socio-cultural, institutional, and technological systems, it reveals the possibilities of new development paradigms for equitable and sustainable growth. This volume, third in the series, looks at the relationship between small and medium enterprises (SMEs) and the National Systems of Innovation in the BRICS countries. It brings to fore crucial issues in the evolution and future trends of industrial or innovation policies for small firms: their scope, applicability, co-ordination, and main results, as well as the influence of macroeconomic, legal and regulatory environments. Taking into account the specificities and complexities of SMEs’ production and innovation systems, it seeks to inform research, policy design and implementation in the field. Original and detailed data, together with expert analyses on wide-ranging issues, make this book an invaluable resource for researchers and scholars in economics, development studies and political science, in addition to policy makers and development practitioners interested in the BRICS countries.




Reforms and Economic Transformation in India


Book Description

Reforms and Economic Transformation in India is the second volume in the series Studies in Indian Economic Policies. In this book, nine original essays pursue three interrelated themes: Why the movement of workers out of agriculture, into industry and services, and from informal to formal employments has been slow, explaining the impact the reforms have had on profitability and competition among enterprises,and analyzing the impact on the socially disadvantaged in terms of wage and education outcomes and entrepreneurship.




India Micro Small and Medium Enterprises Report - 2023


Book Description

The resignation of Geoffrey Hinton, the godfather of AI from the technology giant, Google, in May 2023, has triggered debates on the evolving techno-economic paradigm that is being unfolded, with possible unfavorable stakes on jobs and business sustainability. Besides its usual annual review of policy, practice, and developments, this twenty-sixth issue of the ‘India MSME Report series’ closely examines such scenario, and explores new directions in public policy and strategies. Bringing together the two streams of thinking, ie, the “Vikasit Bharat” agenda of the Government of India, and the vision of “Unleashing entrepreneurship”, as outlined by the United Nations, it puts forth the motto of “India First; SMEs First”, as the way forward. This Report puts forth a new vision and horizon for MSMEs in the country: ‘decentralized smart manufacturing’.




Small Firm Ownership and Credit Constraints in India


Book Description

Micro, small and medium enterprises (MSMEs) are considered the backbone of the Indian economy, but limited access to external finance can be a major constraint which hinders their growth and productivity. This barrier acts as a double-edged sword in the case of women and socially disadvantaged owners who are also subjected to discrimination in credit markets. This book investigates the role of credit constraints in determining the performance of MSMEs in India and considers how gender- and caste-based prejudices influence and inform a firm owner’s access to formal credit. Combining micro-econometric techniques with large-scale firm surveys, it offers readers new findings, which shed light on the effect of ownership characteristics on credit access and firm performance. It also examines recent credit policy initiatives aimed at weaker sections of society including Scheduled Caste (SC), Scheduled Tribe (ST) and women-owned enterprises and puts forward valuable policy recommendations. This volume will serve as a useful reference text for students and researchers of economics, finance, business and management, entrepreneurship, credit policy, development economics, caste discrimination, gender discrimination and South Asian studies.




Indian Smes And Start-ups: Growth Through Innovation And Leadership


Book Description

Over the years, India has emerged as the third largest start-up ecosystem in the world, earning itself the reputation of being the emerging land for delivering unicorns. It has become one of the most attractive regions in the world for initiating and scaling up new business ideas. Many venture capitalists have invested in India's start-up ecosystem, and the government has also launched a variety of schemes to promote this growth. Indian organisations have become more competitive, making their global presence felt and expanding their reach into new industries and sectors.What factors have been pivotal for the growth of Indian start-ups? How did the Indian ecosystem evolve to fuel this growth? Is the role of leadership in start-ups more crucial than in other organisations?This book, through its diverse range of chapters, not only provides answers to the above questions, but also makes sincere efforts to highlight the innovative potential that start-ups carry and the leadership that is required to sail them through global competition. The book also provides an insight on the race of unicorns and how Indian start-ups have been extremely successful in bagging this coveted title. This edited book is a must-read for budding entrepreneurs and researchers who aim to understand and conduct research on Indian start-ups and their ecosystem support.




A History of Corporate Governance around the World


Book Description

For many Americans, capitalism is a dynamic engine of prosperity that rewards the bold, the daring, and the hardworking. But to many outside the United States, capitalism seems like an initiative that serves only to concentrate power and wealth in the hands of a few hereditary oligarchies. As A History of Corporate Governance around the World shows, neither conception is wrong. In this volume, some of the brightest minds in the field of economics present new empirical research that suggests that each side of the debate has something to offer the other. Free enterprise and well-developed financial systems are proven to produce growth in those countries that have them. But research also suggests that in some other capitalist countries, arrangements truly do concentrate corporate ownership in the hands of a few wealthy families. A History of Corporate Governance around the World provides historical studies of the patterns of corporate governance in several countries-including the large industrial economies of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States; larger developing economies like China and India; and alternative models like those of the Netherlands and Sweden.




MICRO, SMALL AND MEDIUM ENTERPRISES


Book Description

The MSMEs have attained a significant group in terms of their number, employment investment, output and exports. However, these units suffer from various problems. In the light of this background, the present study has been taken up to highlight the problems of MSME units of Guntur district. In Andhra Pradesh as it is learnt that they have been suffering from many problems on several fronts such as production, marketing, labour, finance etc. In fact, the performance of these units has been for better had they been free from these problems. The study is largely based on the primary data collected from MSMEs of different industrial Estates and Auto Nagar of Guntur District. The study has been divided into seven chapters. The first chapter deals with the role development and problems of MSME Sector. The second chapter describes the objectives of the study and the methodology followed. The third chapter outlines the growth and performance of MSME in the Indian scenario, Andhra Pradesh Scenario and Guntur scenario. The fourth chapter presents the sickness of MSMEs. The fifth chapter presents in a case study on development of MSMEs in Guntur District. The sixth chapter deals with the problems of sample needs in the Guntur District. The seventh chapter deals the findings and conclusions drawn from the study, besides suggestions made to MSMEs, policy makers and financial institutions to enable them play their respective roles in resolving the various problems faced by MSMEs.