Policy Enhancement of MSMEs in India

Sneha Chaurasiya
Department of Management Sciences
Mahatma Gandhi Central University India

Ragini Singh
Department of Commerce
J.P. University, India

Tulus Tambunan
Centre for Industry, SME. & Business Competition
Studies, Universitas Trisakti, Jakarta, Indonesia

 

Abstract

The Small Industries Development Bank of India (SIDBI) was founded in 1990 and is a significant financial institution in India. Its main responsibilities include financing, developing, and promoting the micro, small, and medium enterprises (MSME) sector.  For MSMEs, SIDBI provides a variety of financial services, such as loans, refinancing, and direct lending.  This study examines the tactics and approaches needed to turn the SIDBI into a significant industry with an emphasis on the growth of MSMEs in India.

 

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