• Dr. Mahendrakumar pattankar

The Micro, Small and Medium Enterprises (MSMEs) sector is an important constituent of India’s industrial sector. MSME’s including khadi and village / rural enterprises. It contribute significantly to India’s Gross Domestic Product and export earnings besides meeting the social objectives including that of providing employment opportunities to millions of people across the country. With the introduction of reform measures in India since 1991, the Govt. has withdrawn many protective policies for the Micro, Small and Medium Enterprise (MSMEs) and introduced promotional policies to increase competitiveness of the sector. The Micro, Small and Medium Enterprises in India are acting as power and spirit of economic growth in the 21st century. This paper analyzes the definition of MSMEs, the silent features, role and performance of MSMEs in Indian economy, Government policies towards MSMEs and problems of MSMEs.

Micro small and medium enterprises, definition, features, role and performance, Government policies and problems.

"PROBLEMS AND PROSPECTS OF MSME’s IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.4, Issue 8, page no.266-273, August-2017, Available :http://www.jetir.org/papers/JETIR1708045.pdf

"PROBLEMS AND PROSPECTS OF MSME’s IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.4, Issue 8, page no. pp266-273, August-2017, Available at : http://www.jetir.org/papers/JETIR1708045.pdf