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"India initiated liberal economic reforms in 1991 to transform a slow-growing, large, inward-oriented, state-led economy into an open, market-led, export-oriented industrialising economy, seeking to emulate the East Asian success story. After nearly three decades, however, the outcomes are...
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Over the last few decades there has been a tremendous growth in small and medium enterprises (SMEs). SMEs have come to play a mounting role in growth of developing nations. A number of countries have witnessed successful SME-led economic growth and development. In India, 95 percent of industrial...
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The importance of Micro, Small and Medium Enterprise (MSME) sector in terms of its contribution to the national economy is a well researched area. Its contribution, particularly in terms of bringing equitable growth in a rural economy, is also important.In cognizance, Government took governance...
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Available studies on Small and Medium Enterprises (SMEs) have mainly focused on performance indicators, role of financial institutions and sources of growth in many developing countries. The present study utilizes the cointegration analysis to examine the causal relationship between SMEs output,...
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