Open AccessSequential studies on soil physical properties by application of hydrogel in groundnut (ArachishypogaeaL.) under Central dry zone of Karnataka.
Publication year - 2020
Publication title -
international journal for innovative engineering and management research
Language(s) - English
Resource type - Journals
ISSN - 2456-5083
DOI - 10.48047/ijiemr/v09/i12/112
Subject(s) - procurement , globalization , business , small and medium sized enterprises , production (economics) , competition (biology) , industrial organization , public sector , relevance (law) , marketing , economics , economy , market economy , political science , ecology , finance , biology , law , macroeconomics
Micro, Small and Medium Enterprise (MSME) sector has been undergoing a metamorphosis in theera of globalisation for over two decades. Many developments of relevance to SMEs (Small andMedium Enterprises) have taken place within the country and internationally. Globalisation resultingin fierce competition in various product lines has forced the SME sector to adopt strategies in tunewith the global trends. A number of programmes of cluster–specific and firm-specific approaches arebeing pursued by all India organisations with a wide network of institutions associated with variousfunctions supporting the SME sector at different levels.The paper reviews the progress of MSME sector from 2000-01 in particular, and discusses afew key approaches adopted in the sector. These include the following: Eleventh and Twelfth Planapproaches for inclusive growth, MSMED Act 2006, cluster development approach (CDA), NationalManufacturing Competitiveness Programme (NMCP), Central Public Procurement Policy (CPPP) andDefence Production Policy. Conclusion and Suggestions are offered towards the end of the paper.Appendix I presents the websites of MSME and related organisations.