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| Article Name : | | | ENTREPRENEURSHIP IN THE MSME SECTOR IN INDIA | | Author Name : | | | SRINIVASA RAO BEHARA AND M. V. SURYANARAYANA | | Publisher : | | | Ashok Yakkaldevi | | Article Series No. : | | | GRT-2671 | | Article URL : | |  | Author Profile View PDF In browser | | Abstract : | | | In this paper focus on entrepreneurship development within the Micro, Small and Medium Enterprise (MSME) sector in India. . Over the last few years, there have been major policy changes at the federal and state level aimed at consolidating and developing this sector. The MSME Development Act of 2006 is perhaps the most crucial of these recent policy changes. Secondly the policies of interest are state outlays and subsidies targeted towards this sector. More specifically, we analyze the impact of total financial subsidies to the sector, total state investment in industrial parks and clusters aimed at this sector and the total state expenditure to support technology within the MSME sector. The paper main findings are that while specific policies that are aimed at the MSME sector have basically no significant impact on the growth of this sector, more general development policies such as expenditure on infrastructure and access to finance have significantly positive impact on growth of the MSME sector across states in India over the last 15 years. | | Keywords : | | - Infrastructure Investments, Micro Business & Technology.,
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