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What is MSME Challenges and Solutions in India about?

Declines in production, sales, capacity utilization, and financial ratios along with delays in payments and statutory dues are signals of sickness in MSMEs. External causes include unfavorable government policies and recessionary trends, while internal causes are mismanagement, lack of experience, and diversion of funds. Corrective measures involve early detection, rehabilitation with cooperation of management, financial institutions, and labor, as well as periodic review and opportunity scanning.

Author

Vinay Kumar

Language

EN