international finance corporation

A major obstacle for growth of MSMEs is their inability to access timely and adequate finance as most of them are in niche segments where credit appraisal is a major challenge.(Reuters/Picture for representation)

Demonetisation led to decline in MSME sector, GST dented exports: RBI study

Mumbai | By Press Trust of India
UPDATED ON AUG 17, 2018 10:45 PM IST
The MSME sector constitutes a vast network of over 63 million units and employs around 111 million people, contributing around 30% to the GDP, accounting for about 45% of manufacturing output and around 40% of total exports.
Story Saved