SMALL AND MEDIUM ENTERPRISES - CHANGING SCENARIO IN A CHANGING WORLD ORDER: A CASE FOR SMALL AND MEDIUM ENTERPRISES OF INDIA

Halima Sadia Rizvi
Additional contact information
Halima Sadia Rizvi: Department Of Economics, Jamia Millia Islamia Central University, New Delhi, INDIA

JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, 2005

Abstract: Like every economy in its growth process, Indian economy too over the decades has undergone several structural transformations both in the main sectoral components as well as in the intersectoral transformation. What is more noticeable and significant is not the change from small scale to medium scale and to large scale production sector but a broad based change within the composition of products, production techniques and the resultant technical efficiency. The importance of small and medium scale enterprises in the process of economic development of the Indian economy becomes more glaring and significant when we examine its contribution to Gross Domestic Product, Gross Domestic Capital formation, employment generation capacities as well as promotion of exports. Nonetheless, since globalization of the Indian Economy a move towards liberalized economic policy, the small and medium sector has not reflected any positive corelations between opening up and attainment of greater growth targets. The present study aims to examine the reasons for this lacuna and suggest measures to policy planners which can be implemented not only by India but also by many developing countries in their similar situations of growth process.

Keywords: SMALL AND MEDIUM ENTERPRISES; INDIA (search for similar items in EconPapers)
JEL-codes: L26 O53 (search for similar items in EconPapers)
Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://tbs.ubbcluj.ro/RePEc/bbn/journl/2005_2_6_Rizvi.pdf Revised version, 2005 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bbn:journl:2005_2_6_rizvi

Access Statistics for this article

JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA is currently edited by Cornelia Pop

More articles in JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA from Babes-Bolyai University, Faculty of Business Contact information at EDIRC.
Bibliographic data for series maintained by Cornelia Pop ( this e-mail address is bad, please contact ).