• Randhir Kumar

Micro, Small and Medium Enterprises (MSME) constitute the backbone of an economy in maintaining an appreciable growth rate and in generating employment opportunities. This sector has been regarded as engine of economic growth and social development in many developed and developing states .Contribution of MSMEs to the Bihar economy in terms of employment generation, containing regional disparities, fostering equitable economic growth and enhancing export potential of the country has been quite phenomenal. Despite some infrastructural deficiencies and challenges like flow of institutional credit and inadequate market linkages, this sector has registered remarkable success with regard to increase in number, quantum of investment, scale of production and overall contribution to state GDP. The study makes an attempt to focus on the huge growth potential and opportunities available in Bihar for development of MSME sector, to identify important issues and challenges and offer suggestions to address the same.

MSME; growth potential; challenges; market, Emerging; socioeconomic; sustainable growth linkages;

"Role of (MSME) in Bihar : Opportunities, Issues & Challenges", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 12, page no.622-627, December-2018, Available :http://www.jetir.org/papers/JETIR1812C91.pdf

"Role of (MSME) in Bihar : Opportunities, Issues & Challenges", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 12, page no. pp622-627, December-2018, Available at : http://www.jetir.org/papers/JETIR1812C91.pdf