Introduction Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in India’s economic landscape. Often referred to as the backbone of the Indian economy, MSMEs contribute significantly to GDP, employment generation, export promotion, and regional development. These enterprises act as a bridge between large industries and the grassroots economy, promoting entrepreneurship, innovation, and inclusive…
Introduction In the context of global economic development, financial inclusion refers to the process of ensuring that individuals and businesses, regardless of their financial status, have access to useful and affordable financial products and services. These include payments, credit, insurance, and savings that are delivered in a responsible and sustainable manner. In India, financial inclusion…
Introduction India’s economic growth story since the 1990s has been marked by robust GDP expansion. However, a striking paradox has emerged in recent years—despite steady or even high economic growth, employment generation has not kept pace. This phenomenon, commonly referred to as jobless growth, is one of the most pressing challenges facing the Indian economy…