MSMEs for Faster and Equitable Economic Growth: The Case of Kerala in India

Manoj P K; Aneeb K. Jose; Firos Khan M.C.; Sruthy Krishna

Abstract

The role of small enterprises in equitable and balanced development of nations is widely recognized. In the Indian scenario, MSMEs (Micro, Small and Medium Enterprises) have a vital role to play to bring about faster economic development devoid of divides like rural-urban, gender-based or the like. MSMEs are particularly relevant in a developing country like India as they can create large number of employment avenues and that too in a manner that is helpful to the poor and other marginalized segments of the society, including women. Taking the case of Kerala State in India, the paper suggests strategies for the sustained growth of MSMEs in the State considering its special features it being a State which has accorded top priority to ICT adoption.

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