Analysis of Financial Factors Affecting the Performance of Selected Sme1 S with Special Reference to Maharashtra State

Abstract

Globally MSMEs have been playing a significant role in the development of all the countries, developed as well as developing ones. This is evident from their massive contribution with regards to the national GDP, employment generation, industrial output, annual turnover, and global exports. Indian economy has gained ample impetus on account of the ever enlarging contribution of MSMEs. More than 62percent population are working in MSMEs. Government policies have been proactively drafted to promote MSMEs.