Micro Small and Medium Enterprises
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The micro, small and medium enterprises play an important role to be the part of the critical supply chain for services and products as well as an important piece of India’s legacy economic model. The sector plays a significant role in offering industrialization and large scale employment of backward and rural areas.
According to the NSS (National Sample Survey)73rd round, that was held in 2015-2016 states that there were more than 633.8 lakhs of non-agriculture and unincorporated organizations in the country and this deals to various economic activities offering employment to more than 12 crore workers.