• Rini Kramsapi

The small-scale industry evokes different meanings for different agencies and different financial institutions. The Micro, Small and Medium Enterprises Development Act, 2006 was enacted by the Govt. of India to establish a National Board and to clearly define the role of MSME in our country’s economy. The small-scale sector has been assigned an important role in the economy of the nation on account of some of its inherent advantages like low capital intensity, high employment generation capacity, regionally balanced development and even distribution of wealth and income. The government is also making all efforts to provide a conducive atmosphere, level playing ground and policy support to enable the SSIs sector to achieve higher level of production and employment throughout the nation including in Assam. However, unorganized nature of the micro, small and medium enterprises has plagued it with problems of raw materials, labour, finance, marketing, power, infrastructure facilities and under utilization of capacity. Research indicates that finance and marketing are the two chief problems that affect the MSMEs in the study area.

Industrial, economy, finance,marketing, MSME, institutions

"The Role of MSMEs in Indian Economy and the need for its development in Assam", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.715-720, June 2019, Available :http://www.jetir.org/papers/JETIR1907E95.pdf

"The Role of MSMEs in Indian Economy and the need for its development in Assam", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp715-720, June 2019, Available at : http://www.jetir.org/papers/JETIR1907E95.pdf