Micro, Small and Medium Enterprises in West Bengal-An Inter-District Analysis

Present study deals with the importance of the Micro, Small and Medium Enterprises (MSMEs) in West Bengal. MSMEs plays an important role in Indian economy due to its greater resource, capacity for employment generation, technological innovation, raising exports and developing entrepreneurial skills. In West Bengal, there is high regional disparity in the growth of MSME sector. Realizing the importance of this sector, Government of West Bengal along with Government of India introduces certain schemes to develop district wise industries. However, still now there are some problems associated with MSMEs, like lack of capital sufficiency, lack of entree to global market, high cost of credit, problems of stuffing, planning and product display, inadequate infrastructure facilities etc. To eradicate these fundamental problems, the policy makers and the entrepreneurs must work together and can provide us well developed economy.