What Is The Full Form Of MSME Or MSME Full Form?
Full-Form Of MSME Is Micro, Small, and Medium Enterprises
Some Details About MSME
Micro, Small, and Medium Enterprises (MSME) sector have emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. MSMEs not only play a crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of national income and wealth. MSMEs are complementary to large industries as ancillary units and this sector contributes enormously to the socio-economic development of the country.
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