Strategic Insights into Financial Management Challenges Faced by SMES
Abstract:Micro, Small, and Medium-Sized Enterprises (MSMEs) are acknowledged as drivers of socioeconomic development and are essential to GDP growth, employment generation, and the encouragement of innovation and entrepreneurship. This is applicable to both established and developing economies, with special attention to the role that MSMEs play in the Indian economy. These labor-intensive organizations play a major role in preserving socioeconomic balance. But in developing countries like India, MSMEs' top issue is ge… Show more
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