MSME’s in Atamnirbhar Bharat : Contribution, Support and Challenges

Background: MSME’S play pivotal role in any nation’s economic and socio-economic growth. The contribution of MSME in the economic and social development of the nation is well established. MSMEs possess immense power of growing from a struggling startup to a full-fledged enterprise. Across the globe, the government have paid due attention to MSME sector due to its significant addition to social and employment equity. This paper is an attempt to explain the contribution of MSME’s in India’s economy.Method: This paper is completely based upon the review of literature. This study is completely based upon the review of literature. The reviewed literature was taken from the portals of journal, publications (seminars), reports (organizations and government), and other research centric websites. The period analyzed in this research is from 1958 to 2022.Conclusions: MSME Sector is a power house of immense opportunity and is contributing significantly towards the growth of Indian economy. From time to time, government have supported this sector through various aspects. But still there is a gap between the support required and support available. If the existing problems of the MSME’s are resolved, India can have a four-fold growth in its economy. The study undertaken have attempted to summarize the findings of India's numerous previous studies