ABCD of MSME Credit
S.S. Mundra
Working Papers from eSocialSciences
Abstract:
According to MSME Ministry’s Annual Report for 2015-16, MSME sector in India today is a network of 51 million enterprises providing employment to 117.1 million persons and contributing 37.5 per cent of India’s GDP. credit is perhaps the most critical component for MSME entrepreneurs. Provision for Credit is essentially dependent on four pivotal issues which can be called as ABCD that is, Access/Availability, Banks and Business, Collateral requirements, Documentation. [Keynote address delivered by at the 2nd CII National Conference on MSME Funding held in New Delhi of credit].
Keywords: Access/Availability; Banks and Business; Collateral requirements; Documentation; credit; MSME entrepreneurs; GDP; India; enterprises; household; skill development; infrastructure; markets; technology; public sector banks; private (search for similar items in EconPapers)
Date: 2016-08
Note: Institutional Papers
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