• ARAVINDA M.N.
• Dr.B.Hiriyappa

Micro Small and Medium Enterprises (MSMEs) are the biggest employer after the agricultural sector in India, despite of the fact that MSME contributes 45% to industrial sector, there are about 1.3 million SME’s which accounts for 40% of exports, create good number of employment (approximately one million jobs every year) and has employed more than 50 million people producing more than 9000 items catering to both Indian and international markets. As a result, MSMEs are today exposed to greater opportunities for expansion and diversification across. Today we can observe a tremendous growth in Indian market, and is making remarkable progress in various Industries like Service, Engineering, Processing, Pharmaceuticals, Textile industries, furniture and others. It was few years before when SME was suffering due to technology, expertise strategic orientation, marketing issues, not professionally utilizing the resources etc., Now with the government initiative in the development of the sector they are able to get proper guidance and insights which are facilitating the growth of the sector. The study is conducted to bring out the growth and performance of SME’s, to identify the drivers of growth and reasons for hindering the performance and growth. With this we can accept that the development of SME’s will be a contributing factor for the rural development. It will also contribute for the balanced regional development because of its requirements of minimum investment. A data for 5 years has been used i.e. from the year 2013 to 2018 keeping in view the Government of Karnataka industrial policy. The paper discusses various benefits and challenges of the MSME which is contributing to the regional development in Karnataka. Yet again it is also suffering from various challenges which have to be addressed by the government for its strong sustainability and further development. The study concludes that MSMEs are the strong tools for the regional development provided they are supported for initial sustainability.

MSME, Employment Generation, Regional Development

"ROLE OF MSME IN THE SUSTAINABILITY AND GROWTH URBAN POPULATION IN THE STATE OF KARNATAKA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.540-547, June 2019, Available :http://www.jetir.org/papers/JETIR1908880.pdf

"ROLE OF MSME IN THE SUSTAINABILITY AND GROWTH URBAN POPULATION IN THE STATE OF KARNATAKA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp540-547, June 2019, Available at : http://www.jetir.org/papers/JETIR1908880.pdf