Role of Financial Institutions in Development of Small Scale Industries in Delhi
Zuhaib Hasan , Dr.Anurag kashyap
MBA
Galgotias university, Greater Noida
INTRODUCTION
Small scale industries are the base of industrial development of almost every developed and under developed country of the world .they provide immense growth to the economy of the coutry as well as create huge employement as a self emploement
.they are instrumental in optimizing the the rate of economic growth
in developing countries, like India, small industries are an essential factor for bringing about economic growth and economic prosperity. It is very clear that large scale industries ar not only the key player of economy nut small scale industries plays a very important it can ensure the country's economic and social development
in Delhi we have huge numbers of MSME which provides materials for in home and export purposeful a good nation the role of MSME is very important and the finance sector which provide strength to MSME is also important.in Delhi lots of MSME working in a brilliant way they provides the material we need as well as export it to generate revenue .as well as the MSME provide good amount of employment to the population as we know that India is thick populated country and the employment is also required in huge amount so in this scenario MSME plays important role in giving employment to the general population.it makes them self sufficient they can work together for country growth. Government of India also supporting MSME by providing new financial aids ,investment ,export policy as well as good infrastructure .Atma Nirbhar Bharat Abhiyan 2020 scheme by government of India is a new Initiative in order to promote MSME and create interest in public to make the self sufficient for earning point of view as well. MSME provide assistance to the domestic as well as international market. they helped promote the growth and development of khadi ,village and coir industries
